Rem3dy Health, a pioneering Midlands-based healthtech company, has secured a £500,000 SAFE investment from Future Planet Capital Regional, through the West Midlands Co-Investment Fund. This investment forms part of a larger £9 million total raise, which includes contributions from existing and new investors such as Suntory, ADM, and UPSA. The funding will primarily be used to expand Rem3dy Health’s manufacturing footprint, boost capacity, and support further market share gains across key regions like the US and Asia. The West Midlands Co-Investment Fund is managed by Future Planet Capital Regional, formerly known as Midven.
Consumers increasingly seek personalised and convenient solutions for their health and wellness needs. Traditional vitamin formats often involve multiple pills, synthetic ingredients, and generate significant plastic waste, failing to cater to individual dietary requirements or sustainability concerns.
Rem3dy Health addresses this challenge with its innovative approach to personalised nutrition. Through its flagship brand Nourished, the company utilises patented 3D printing technology to create bespoke, seven-layer nutrient gummies. These customised “stacks” offer a unique, effective, and enjoyable way for consumers to receive their tailored daily supplements.
The technology behind Nourished provides a more effective and user-friendly way to consume vitamins. Crucially, the materials used are natural substances derived from real food sources such as fruit, making them safer and healthier than synthetic alternatives. They are free from artificial additives and chemicals, reducing health risks and often retaining beneficial vitamins and antioxidants. To date, Rem3dy Health has secured a total investment of £19 million, which has funded the construction of three factories, driven international growth, and facilitated omnichannel expansion. This capital has also supported the design and build of several new manufacturing technologies, significantly enhancing the company’s existing portfolio of 29 approved patents.
The West Midlands Co-Investment Fund’s decision to invest in Rem3dy Health was deeply rooted in the company’s strong regional ties and groundbreaking innovation. Melissa Snover, Founder and CEO of Rem3dy Health, is a staunch advocate for the West Midlands, having previously built and scaled successful businesses within the region. Her commitment to having a West Midlands investor made this £500,000 investment available as part of the SAFE round.
Future Planet Capital Regional is particularly excited by the technology and the company’s achievements, recognising its potential to revolutionise vitamin consumption with its effective, natural, and sustainable approach. Its innovative technology has the potential to significantly improve efficiency and environmental friendliness within the health and wellness industry.
The West Midlands Co-Investment Fund (WMCO) was launched by the West Midlands Combined Authority (WMCA) and the West Midlands Pension Fund last year. Its purpose is to help expand Small and Medium-sized Enterprises (SMEs) that offer high-growth potential and the ability to help supercharge the regional economy. Managed by Future Planet Capital Regional, the fund provides innovative SMEs with equity of up to £1 million, matched on a 1:1 basis by private co-investment.
Melissa Snover, Founder and CEO of REM3DY Health, said: “Securing this investment from Future Planet Capital Regional and the West Midlands Co-Investment Fund is a significant milestone for Rem3dy Health. It’s particularly meaningful to have a strong West Midlands investor join us, further cementing our roots in this dynamic region. This funding will be crucial as we scale our manufacturing capabilities and expand our reach globally, continuing our mission to provide truly personalised and sustainable health solutions.”
Richard Parker, Mayor of the West Midlands and WMCA Chair, said: “This is what my Growth Plan is all about: supporting brilliant ideas that create jobs right here in the West Midlands.
“In Rem3dy Health we are providing an innovative, homegrown business with the funding it needs to scale up, export its products and compete on a global stage.”
Rupert Lyle, Investment Director at Future Planet Capital Regional and Fund Principal of WMCO said: “We have known Melissa Snover for several years and are incredibly impressed by her dedication to the West Midlands. Her desire to have a local investor on her cap table, coupled with the groundbreaking technology Rem3dy Health is developing, made this an unmissable opportunity. We are truly excited by what the company is achieving. Not only does it offer a more effective and user-friendly way to consume vitamins, but the use of natural, food-derived materials, free from artificial additives, makes their products inherently safer and healthier for consumers. This aligns perfectly with our fund’s commitment to supporting innovative and impactful businesses.”
Rachel Brothwood, Executive Director of Pensions said: “We are proud to see the West Midlands Co-Investment Fund backing Rem3dy Health, a business rooted in our region and pushing boundaries in health innovation. At the Fund we are committed to supporting enterprises that not only create jobs and economic growth locally but also have the potential to compete globally. This investment is a strong example of how regional capital can help ambitious businesses scale, deliver real impact, and showcase the strengths of the West Midlands on the world stage.”