Parkwalk Advisors joins the foodtech spin-out in its latest round.

Nandi Proteins, a food technology spin-out of Heriot Watt University Edinburgh, has raised £660,000 ($1m) in a round which includes new investors Parkwalk Technology Funds and Quilter Cheviot.

The round consists of £575,000 in capital from Parkwalk and Quilter. A further £85,000 come via existing debt conversion.

Nandi Proteins is exploiting patented technology which allows the modification and improvement of proteins in food and drinks. Its technology is low-cost and reduces both fat and sugar contents. It also does not…