Quick Summary
• British company Rem3dy Health has closed a £14 million (approx. $18.8 million) funding round to finance its international growth. The capital was raised through a Simple Agreement for Future Equity (SAFE), with the final commitments received earlier this year and converted into shares this month. The round values the Birmingham-headquartered business at £84 million. The…
Additional Context
British company Rem3dy Health has closed a £14 million (approx. $18.8 million) funding round to finance its international growth. The capital was raised through a Simple Agreement for Future Equity (SAFE), with the final commitments received earlier this year and converted into shares this month. The round values the Birmingham-headquartered business at £84 million.
The investor list leans heavily toward strategic corporates. Spain’s Hijos de Rivera, owner of the Estrella Galicia beer brand, joined the round alongside Japanese food-and-drinks conglomerate Suntory, a returning backer that first invested in 2022. Indian healthcare group Apollo Hospitals, French pharmaceutical company UPSA, and Birmingham-based Future Planet Capital Regional also participated.
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