a year ago

Spacegoods Raises £2.5 Million to Fuel Growth of Mushroom-Based Wellness Products

  • Spacegoods, a London-based wellness brand, has secured £2.5 million in seed funding led by Five Seasons Ventures

  • The company, founded by Matthew Kelly, creates mushroom-based powder blends for energy, relaxation, and mood enhancement

  • Spacegoods has gained over 75,000 customers since its launch in 2022 and is available online and in stores across the UK and Europe

  • The funding will be used to accelerate growth, hire new staff, and launch new products, including additional powder flavors and gummies.

      • ProblemFood & Beverage

      "Many people rely on coffee for an energy boost, but often experience negative side effects like jitters and crashes."

      Solution

      "Spacegoods offers a range of mushroom-based powder blends designed to provide a natural energy boost without the negative side effects of coffee, promoting overall well-being."

      Covered on