Milton Brewery is a brewery in the village of Waterbeach, located about 6 miles (9.7 km) north of Cambridge, England. Milton Brewery moved in July 2012 from the neighbouring village of Milton.
The brewery was established in June 1999. Its first beer, named Pegasus, has won several awards including Joint Bronze in the 2012 CAMRA Champion Beer of Britain Best Bitter Class. In 2006 the brewery created the Pegasus Cup which is awarded to the Cambridge University college boat club which is most successful in the annual May Bumping Races.
The Milton Brewery has a pub-owning sister company which operates the Pembury Tavern, Hackney, London; the Coalheavers Arms, Peterborough; the White Lion, Norwich; and the Devonshire Arms, the Haymakers and the Queen Edith, all in Cambridge.