Rem3dy Health secures £1.4m from Borski Fund and Future Planet Capital Regional to fund global expansion
The Birmingham-based health-tech firm has raised new capital from venture backers to scale its personalised nutrition brand.
Rem3dy Health is a health-tech scale-up based in the Midlands that develops personalised nutrition solutions using patented 3D printing technology.
Rem3dy Health has secured £1.4m in funding to support its ongoing international growth and research initiatives. The capital was provided by the Amsterdam-based Borski Fund alongside Future Planet Capital Regional, which manages the West Midlands Co-Investment Fund.
The transaction was revealed during a live session at the Birmingham Tech Week festival. The company plans to direct the proceeds towards accelerating its global footprint and developing its flagship personalised nutrition brand, Nourished.
This latest injection follows previous fundraising efforts by the firm, which has accumulated substantial backing over time to scale its operations outside of the capital.
From the founder
"This latest round marks a huge milestone not just for Rem3dy Health, but for the Midlands innovation scene. Both Borski and Future Planet Capital share our belief that world-class innovation doesn’t have to start – or stay – in London. This investment proves that regional founders can raise global capital and scale globally from right here in Birmingham."
Melissa Snover
Founder and CEO at Rem3dy Health
Investor perspective
"The Borski Fund is proud to back Rem3dy Health, an innovative UK company with worldwide ambitions. Our collaboration with Future Planet Capital highlights the power of international investor partnerships to drive innovation and support exceptional founders. From our first meeting, Melissa’s vision and drive towards realising Rem3dy Health’s global potential was unmissable. The Borski Fund looks forward to working closely with Rem3dy Health as it continues to scale and shape the future of personalised health innovations"
Jen Roberts-Woods
Investment Associate, Borski Fund
Use of funds
- 01Expand into international markets
- 02Fund research and development
Investors
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About the company
Rem3dy Health
Rem3dy Health develops personalised nutrition solutions using patented 3D printing technology.