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Sproud Raises £4.8M in Funding

Sproud, a Malmö, Sweden-based maker of a range of plant-based milks, raised £4.8M in funding. The company intends to use the funds to:grow the team,accelerate distribution and brand building activities in its core markets – including the UK, US and Canada , andfurther develop its plant-based and 100% vegan product offering. Launched in Sweden in 2018, Sproud is a maker of a range of plant-based milksthrough a proprietary blend of protein from yellow split peas, GMO-free oils and syrups, fortified with essential vitamins. All of its products contain low essential amino acids and are free from lactose, gluten, and soy. supplies its plant-based milk to some of the largest hospitality chains of the region, including Espresso House and Clarion Hotel.

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