MicroLub raises $10M to cut fat and calories without compromising taste

MicroLub, a deeptech ingredient solutions company spun out from the University of Leeds, has completed a $10 million funding round led by Northern Gritstone. All of MicroLub's existing investors participated in the round, including NPIF II - PXN Equity Finance, which is managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II). Food manufacturers are under growing pressure to improve the nutritional profile of their products.