Functional Ingredients | United States | Series A | 2023

Nulixir specializes in creating and marketing encapsulated functional ingredients designed for incorporation into food and beverage products. Their unique technology allows them to develop tailored performance “nanovesicles” which both encapsulate and deliver functional ingredients into food systems. Nulixir offer formulation development and production for major food companies, and have also developed a number of standardised products useful in multiple applications.

Praesidium played a co-leading role in the 2023 Series A round and is set to assist Nulixir in scaling up its operations, fostering expansion into new market segments, and exploring additional geographical areas.