Gresham House Ventures makes £1.2mn follow-on investment in NORTHERN BL°C

NORTHERN BL°C has received a follow-on investment of GBP 1.2mn from Gresham House Ventures. The investment will support the conversion of its existing facilities, help with the relocation of its expanded production facility and its sales and marketing teams.

This latest round of investment follows an 80% growth in turnover the company has experienced primarily due to an increase in demand from the out-of-home segment such as retail. Most of this growth has been primarily-driven from its plant-based range.

The investment was made on behalf of Mobeus VCTs.