Functional Mushroom Brand Spacegoods Raises £2.5M to Solidify Leadership Position in UK & Europe
Spacegoods, a London-based wellness brand specialising in functional mushrooms and nootropics, announces it has secured £2.5M in a seed round led by FoodTech specialist venture capital firm Five Seasons Ventures, with participation from Redrice Ventures, Slingshot Ventures, and G-FUND. Combining adaptogen mushrooms with nootropics such as ashwagandha and lion’s mane, the products are available in a chocolate flavour and are all vegan, cruelty-free, and can be enjoyed with water or milk or added to teas or protein shakes. The company states It has gained significant momentum since its foundation in 2021, gaining impressive growth primarily through DTC sales, and says it has achieved a strong position in the UK as well as in the Netherlands and Germany. The capital will enable Spacegoods to solidify its …