Lub Foods secured $2M from PeakBridge Partners.

Sweden Malta 27 June 2019
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Lub Foods, a Stockholm, Sweden-based zero sugar food company, announced that it secured €1.7M ($2M) in capital investment

The funding was provided by the Malta-based investment firm PeakBridge Partners and will be used to support the company's strong international expansion plan.

LUB Foods - Luthman Backlund Foods AB, founded in 2013 and led by CEO Carl Bäcklund, develops, manufactures and markets tasty and healthy snacks, protein bars, confectionery, ice cream, sweeteners and other "functional foods" under the brand names NICK's, Sukrin and Baby Foot. NICK's offers alternatives with no added sugar, no palm oil, no wheat/gluten and no artificial sweeteners.

Total investments received (USD): 153.77M

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