London-based Spacegoods raises £2.5M in seed funding
Spacegoods, a London-based wellness brand, has successfully raised £2.5M in Seed funding. This exciting development was made possible through the support of various venture capital firms, including Five Seasons Ventures, Redrice Ventures, Slingshot Ventures, and G-FUND. The funding will be instrumental in propelling the company's growth, expanding its product portfolio, and reaching a wider customer base. Led by CEO and Founder Matthew Kelly, Spacegoods offers a unique and innovative product called 'Rainbow Dust,' which aims to enhance energy, relaxation, mood, and overall well-being. By incorporating adaptogen mushrooms and nootropics such as ashwagandha and lion's mane, Spacegoods is committed to improving customer wellness.
Since its launch just 20 months ago, Spacegoods has managed to attract an impressive base of over 75,000 customers.
Matthew Kelly attributes the birth of Spacegoods to his own experiences with health and wellness challenges while building previous companies. Through personal exploration of the benefits of functional mushrooms and natural adaptogens, Kelly discovered the potential for enhancing well-being. This sparked the creation of Spacegoods and its flagship product, Rainbow Dust. Rainbow Dust is a thoughtfully crafted blend that offers focus, energy, and a comparable boost to coffee but without the anxiety, jitters, and crashes that can often accompany caffeine consumption. Spacegoods aims to empower more individuals to feel their best by harnessing the benefits of functional mushrooms.
In an enthusiastic response to the recent funding news, Matthew Kelly expressed his excitement and gratitude. He believes that Spacegoods emerged as the solution to the health and wellness challenges he faced during his entrepreneurial journey. By developing a product that combines the power of functional mushrooms and adaptogens, Kelly aims to provide people with a natural and effective way to optimize their well-being. With the significant investment received, Spacegoods is poised to further expand its impact and offer innovative wellness solutions to a larger audience.
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