MicroLub raised £3.5m in a seed funding round led by Northern Gritstone to develop healthier food alternatives using innovative ingredients technology.
Amount Raised
£3.5 Million
Round Type
Seed
LeedsBiotechnologyFood and BeverageFood ProcessingInvestors
Description
MicroLub, an ingredients technology company spun out of the University of Leeds, has completed a £3.5m seed funding round. The funding will be used to explore applications of their unique technology that adds lubrication to foods, aiming to make foods healthier and contribute to sustainability.
Quick answer
MicroLub raised £3.5 Million in a Seed round, dated October 22, 2024. Investors: Liftt, NPIF II – Praetura Equity Finance and Northern Gritstone. MicroLub is based in Leeds, England, United Kingdom.
- How much did MicroLub raise?
- MicroLub raised £3.5 Million in a Seed round on October 22, 2024.
- Who invested in MicroLub?
- Liftt, NPIF II – Praetura Equity Finance and Northern Gritstone are named as investors in this round.
- What does MicroLub do?
- MicroLub is an ingredients technology company that specializes in developing less-calorific alternatives for food and food-ingredients companies.
- Where is MicroLub based and how big is it?
- MicroLub is based in Leeds, England, United Kingdom. Fundz records about 5 employees.
- Who are the decision-makers at MicroLub?
- Fundz holds 1 contact at MicroLub, including the Technical Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Food Processing around the same time
Companies in the same sectors as MicroLub that raised within 45 days of this round, from Fundz verified event records.
- Plantible Foods Inc. raised $30M (Series B) on November 15, 2024.
- Happy Plant Protein raised $1.9M (Pre-Seed) on November 14, 2024.
- Novameat raised $19M (Series A) on September 12, 2024.
- Formo raised $61M (Series B) on September 10, 2024.
- Order For Health raised $119K (Seed) on November 21, 2024.
- Meatable raised $30M (Series B) on November 18, 2024.
Who to call at MicroLub, and when
A new round usually means MicroLub is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day MicroLub raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MicroLub, from your own LinkedIn network
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Related People
MicroLub raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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