Muniq uses food as medicine to harness the power of the gut microbiome to address chronic health conditions
Uplifting Results Labs, the parent company of wellness brand Muniq, today announced the close of an $8.2 million Series A investment round led by Alpha Edison, Acre Venture Partners, and other investors. Former NBA all-star and investor Baron Davis and founder of SimplyProtein Cathy Richards also participated in the round. The new investors join The Production Board, a venture foundry, which led the seed round last year.
Muniq claims to use food as medicine to harness the power of the gut microbiome to address prevalent chronic health conditions.
The company launched its line of prebiotic nutritional shakes in May last year offered in five flavours: chocolate, vanilla creme, mocha latte, vegan vanilla, and vegan chocolate, available in a variety of serving sizes.
Uplifting Results Labs founder Marc Washington said: “I created Muniq in honour of my late sister, Monica, who suffered from diabetes and other chronic health issues. It’s always been my aspiration to help people regain control over underlying conditions, with products that can literally transform their health and that actually taste good.”
Washington said he gets inspired by the life-changing impact Muniq is having on customers’ lives. “As a black founder, I am passionate about Muniq being part of the solution to help address the vast health disparities affecting black and brown communities.”
Nate Redmond, managing partner at Alpha Edison, said: “Muniq has established a solid foundation in science and efficacy based on the rapidly emerging clinical research on the gut microbiome.
“The life-changing results experienced by Muniq customers exemplify the brand’s vast potential to address some of the most pressing health epidemics of our time. Marc is a mission-oriented and visionary leader and we’re excited to support Muniq in building a better and healthier world.”
Date published: 12 January 2021