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Today: November 6, 2024
February 14, 2024
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London’s Spacegoods: Europe’s Top Functional Mushroom Brand secures €29M Funding

London-based functional mushroom brand, Spacegoods, has raised €2.9 million in a seed funding round led by Five Seasons Ventures. Other participants in the round included Redrice Ventures, Slingshot Ventures, and G-FUND. The investment will be used to expand Spacegoods’ presence in the European market, grow its team, and develop new products. Spacegoods, which launched in April 2022, offers wellness products that incorporate functional mushrooms and adaptogens to enhance focus, energy, and overall well-being. The company operates primarily through direct-to-consumer sales and has a strong presence in the UK, the Netherlands, and Germany.

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