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HomeFunding London-based Gut Health Brand Biomel Secures £5.5 Million in Funding

[Funding alert] London-based Gut Health Brand Biomel Secures £5.5 Million in Funding

London-based gut health brand Biomel secures £5.5 million in funding investment from IRIS Ventures. With this investment, Biomel hopes to improve its manufacturing facility's capacity and accelerate its objective.

London-based gut health brand Biomel secures £5.5 million in funding investment from IRIS Ventures. With this investment, Biomel hopes to improve its manufacturing facility’s capacity and accelerate its objective.

Read also – Cambridge-based Quotient Therapeutics Secures $50M Initial Funding

In addition to a rising presence in leading independent retailers and foreign markets, the brand is carried by big retailers such as M&S, Waitrose, Sainsbury’s, and Whole Foods Market.

Steven Hegarty, Co-founder and CEO, shares: “Biomel was born out of our own desire to live healthier and more fulfilling lives and is based on the premise that your gut is at the heart of your health. Gut health affects everything from digestive to mental health through the gut-brain axis. In fact, 70 percent of serotonin, the happy neurotransmitter and hormone, is produced in the gut. We have developed proprietary IP to bring differentiated and better solutions for consumers looking to improve their health and well-being through next-generation probiotic and prebiotic solutions that support digestive and immune health.”

Montse Suarez, Founder and Managing Partner of IRIS Ventures, remarks: “Backing Biomel’s founders aligns perfectly with our mandate to empower a new generation of extraordinary visionaries. They are the clear trailblazers in the plant-based gut health category with a refreshing and contemporary brand proposition that resonates with the modern consumer.”

About Biomel

The top brand for plant-based gut health in the UK is called Biomel. Established in 2017, this company dominates the UK market for plant-based gut health and manufactures a variety of drinks, snack bars, and powders from its West London factory.

Read also – Helsinki-based Linio Biotech Secures €4.2 Million in Funding

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