MeliBio Raises $2.2M and Partners with Narayan Foods to Bring Plant-Based Honey to European Market
MeliBio, the world’s first company creating real honey without bees, announces it has raised an additional $2.2M in investments and is partnering with Narayan Foods, an organic foods leader, to launch its products in 75,000 European stores. Through the first-of-its-kind partnership, Narayan will sell MeliBio’s plant-based honey under the Better Foodie brand, with the first products shipping out in early 2023.
“We’re thrilled to bring the world’s first plant-based honey to every European household”
According to MeliBio, retailers throughout Europe have shown strong demand for the honey, which will also be available for private label opportunities, using MeliBio’s technology and Narayan Foods’ operational capabilities.
“As a food innovation platform, Narayan Foods is constantly on the lookout for novel sustainable products that would revolutionize the market,” said Mario Brumat, founder and CEO of Narayan Foods. “Just by tasting MeliBio’s incredible plant-based honey, we knew we had discovered an innovation that would leave a distinctive mark in the industry. We’re thrilled to bring the world’s first plant-based honey to every European household and establish it as the new favorite sweetener.”
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