Northern Gritstone invests £4 million in MicroLub in £7 million funding round

• Northern Gritstone invested GBP 4 million in MicroLub as part of a GBP 7 million private financing round.
• MicroLub is a University of Leeds spinout developing patented protein-based ingredients that use water to replicate fat-like mouthfeel.
• Technology targets food reformulation, aiming to cut fat and calories by up to 75% without sacrificing taste or texture.
• Proceeds earmarked for team expansion, scaling commercialization, further ingredient development, US and Asia expansion.
• Existing 2024 investors also participated, including NPIF II - PXN Equity Finance managed by PXN Ventures.

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