Funding

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

Nov 23, 2023 | By Startup Rise EU

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.

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.

RECOMMENDED FOR YOU

recomd
Recent Articles
[Funding alert] Healthtech Startup RDS Secures €13 Mn in Seed Funding
Startuprise
Oct 12, 2023
recomd
Funding
Vytal funding news – Cologne-based Vytal Secures €6.2 Million in Growth Funding
Startup Rise EU
Jul 1, 2024
recomd
Funding
[Funding alert] London-based Digital Bank Monzo Secures €397 Million in Funding
Startup Rise EU
Mar 6, 2024

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

Recommended Stories for You

story
Funding

[Funding alert] Riga-based inGain Secures €650k in Funding

Startup Rise EU Apr 18, 2024

story
Acquisition

Pluxee acquisition news – Paris-based Pluxee to Acquire Cobee

Startup Rise EU Jun 14, 2024

story
Funding

[Funding alert] Paris-based Insurtech Startup Orus Raises €11 million Series A Round Funding

Startup Rise EU Oct 10, 2023

story
Recent Articles

[Funding alert] Utrecht-based Solvimon Secures €9 Million in Seed Funding

Startup Rise EU Nov 14, 2023

story
Funding

[Funding alert] Milan-based StepsConnect Secures €1 million in Funding

Startup Rise EU Apr 5, 2024

story
Funding

[Funding alert] London-based Wagestream Secures €20.4 Million in Funding

Startup Rise EU Apr 18, 2024