The spinout of Heriot-Watt University has secured $1.3m in its latest funding round, which featured a mix of existing and new investors.
Nandi Proteins, a UK-based foodtech spinout of Heriot-Watt University, obtained just over £1m ($1.3m) yesterday from unnamed new and existing investors.
Nandi Proteins has developed technology to change the structure of proteins used in food and drinks. The proteins have a wide range of applications, but are particularly effective as replacements for sugar, fat and emulsifiers to enable healthier products.
The money will support commercialisation through product trials and sample production and scale-up activities through staff recruitment.
Nandi Proteins previously…
