The UK-based personalized nutrition firm raises £14m to expand into the US, MENA, and India, valuing the company at £84m.
UK-based Rem3dy Health, maker of personalized gummies brand Nourished, has raised £14m ($18.8m) in a funding round led by Suntory and Spain’s Hijos de Rivera. The investment values the company at £84m, according to a statement from the business.
The funds will support expansion into the US, MENA region, and India. Rem3dy previously paused US orders due to import regulations but sees strong demand in MENA markets like Saudi Arabia and the UAE for personalized nutrition.
Investors include Apollo Hospitals, French pharmaceutical firm UPSA, and Future Planet Capital Regional. Rem3dy’s CEO, Melissa Snover, has prior experience launching consumer goods in the US.