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Nutrionix closes funding deal

13 May 2011: France’s Nutrionix has signed a Euro 4 million (approx Rs 25.4 crore) deal with investors Seventure Partners, SHAM and Business Angels, which will help it tap growth potential in salt reduction.

The companies have been working closely together since 2009 and Seventure renewed its trust in Nutrionix as well as continuing to bring its expertise and contacts in the Life Science industry. By December 2011, Nutrionix will have more than 25 products under the umbrella brand KSALT Solutions covering a wide range of food products.

Source: Foodnavigator