MicroLub Secures £3.5M to Commercialise Fat Replacement Tech for Low-Calorie Yet Delicious Plant-Based Foods
MicroLub, a deep-tech spinoff from the University of Leeds that produces a fat replacement for lower-calorie plant-based foods, has announced that it has successfully closed a £3.5 million seed investment round led by Northern Gritstone. Praetura Ventures and LIFTT also participated. Known as advanced protein technology, MicroLub’s innovation aims to address the demand for healthier products, as millions of people worldwide are at risk of becoming overweight or living with obesity. It also fuels interest in sustainable food options by helping plant-based foods become tastier, less astringent, and healthier. The new capital will support the technology scaling, product development in collaboration with partners, and team expansion. CEO David Peters (former head of Oatly UK) shares, “Our advanced protein technology is a real game-changer when it …