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Gut Health Brand Bio&Me Raises €1.6 million In 72 Hours

March 10, 2022: 12:00 AM EST
UK company Bio&Me recently raised €1.6 million within 72 hours in an oversubscribed funding round. Bio&Me was founded in 2019 by Jon Walsh and Gut Health Doctor Dr. Megan Rossi. It claims to be the U.K.’s first dedicated gut health food brand backed by scientific evidence. The Bio&Me range consists of porridges, granolas and prebiotic yoghurts and can be found in over 1400 stores throughout the U.K. Despite being a young company, Bio&Me has become the U.K.’s fastest-growing cereal brand, bringing in around £3 million in sales in 2021. The company plans to use these funds to fuel its growth and expand its ethos to other food and beverage categories.  
Patricia Allen , "UK-based Bio&Me closes €1.6 million for its gut health brand backed by science", EU-Startups, March 10, 2022, © Menlo Media S.L.
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