Neutonic raises £3m for expansion with support from Grenade founder Alan Barratt. The funding will help Neutonic scale operations and enhance retail presence in the UK and US.
Neutonic raises £3m for expansion with support from Grenade founder Alan Barratt. The funding will help Neutonic scale operations and enhance retail presence in the UK and US.
07/01/25, 12:28 AM
Location
londonMoney raised
$3.7 million
Industry
retail
food and beverage
Round Type
seed
Investors
Alan Barratt
Beverage and supplement startup Neutonic has raised $3.7m (£2.7m) in its first funding round, including investment from Grenade founder Alan Barratt. The company plans to expand its workforce and retail presence in the UK and US. Neutonic, launched in late 2023, has already sold over three million cans and achieved significant sales. This funding will support their ambitious growth plans.
Company Info
Location
london, england, united kingdom
Additional Info
Neutonic is a beverage and supplement startup that offers a range of drinks, nootropic sachets, and capsules as a mindful alternative to coffee and energy drinks. Launched in late 2023 by personal trainer James Smith and podcaster Chris Williamson, the brand has quickly gained traction, with sales hitting $10 million and over three million cans sold. The company aims to expand its retail presence across the UK and US, implementing strategic hires for growth in 2025. Neutonic is also preparing to launch new products, enhancing its market offerings.