Momo Kombucha, a B Corp-certified brand known for its small-batch, artisan kombucha brewed at New Covent Garden Market, has successfully raised £2 million in its largest funding round to date.

This latest investment boosts Momo's total funding to £4.5 million since its inception in 2018, positioning the brand to capitalise on the burgeoning UK kombucha market.

The kombucha sector is experiencing significant growth, driven by increasing consumer interest in gut health, low-sugar alternatives, and non-alcoholic beverages.

Momo’s commitment to quality and innovative flavour profiles has positioned it as a front-runner in this expanding market. Over the past four years, the company has demonstrated consistent revenue growth, doubling its income annually and achieving top sales rankings on platforms like Ocado.

The recent £2 million funding round, supported by 24 angel investors including Jez Galaun, co-founder of Brixton Brewery, will be used to enhance production capacity through a larger brewery facility and new equipment.

Following this round, co-founders Josh and Lisa Puddle retain a combined 57% ownership of the business, underscoring their commitment to its future direction.

This funding comes on the heels of a landmark year for Momo, which has secured its first supermarket listing with Booths while maintaining established relationships with major retailers such as Ocado, Nando's and Gail's bakery.

Josh Puddle expressed gratitude for the support from investors, many of whom are also loyal customers: “This is by far our largest fundraise to date, and I’m deeply grateful to the individuals who backed us. Their support is a real testament to the strength of the community around Momo.”

The funds will significantly scale production capacity, which has been a limiting factor since the brand's launch, and continue to enhance the quality of its kombucha offerings.

Momo uses high-quality ingredients and artisan brewing methods, utilising organic teas and slow-pressed juices. The brand's commitment to producing raw, unfiltered kombucha not only enhances flavour but also maximises health benefits, appealing to health-conscious consumers.

The company plans to announce additional product formats and flavours in the coming months.