# Nutrition Innovation Singapore Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nutrition-innovation-singapore-pte

- Industry: Food
- Headquarters: Singapore, Singapore
- Website: www.nutritioninnovationgroup.com
- Total disclosed funding: $11M
- Latest round: Series A (Nov 11, 2022)
- Investors on record: 2

## About

Nutrition Innovation Singapore Pte Ltd focuses on developing innovative nutritional products and solutions optimized for health and wellness, leveraging scientific research to enhance dietary offerings.Founded in 2017, Nutrition Innovation Singapore Pte Ltd operates in Singapore, specializing in nutritional innovations. The company has executed 2 deals, with its most recent raising USD 4.06 mn in SERIES A funding on November 11, 2022, valuing it at USD 49.95 mn post-money. The founders, David Kannar and Gregory Szto, have experience in the health sector, contributing to the company's strategic direction. Matthew Godfrey serves as CEO, overseeing growth and operational activities.Nutrition Innovation specializes in developing advanced nutrition products aimed at enhancing the dietary landscape. The company focuses on scientifically-backed solutions that cater to both individual consumers and businesses looking to improve health-related offerings. Their product range includes various nutritional supplements and formulations designed to meet diverse health needs.In the most recent year, 2023, the revenue for Nutrition Innovation was USD 313,672 with an EBITDA loss of USD 632,816, reflecting the company's initial growth phase and investment in product development.The company plans to leverage the USD 4.06 mn raised in SERIES A funding to further enhance its product development and innovation capabilities. Nutrition Innovation aims to expand into new markets, specifically targeting North America and Europe by late 2024. The funding will support the design and launch of upcoming nutritional products aimed at consumer-driven health trends, positioning the company for accelerated growth.

## Funding rounds

- Series A, Nov 11, 2022, $4.1M — Clay Capital, Enerfo Pte Ltd
- Series A, Nov 1, 2019, $6.5M — Clay Capital, Enerfo Pte Ltd

## Investors

- Clay Capital (https://capitalatlas.ai/funds/clay-capital) — Series A
- Enerfo Pte Ltd — Series A