The nutritional supplement industry in Europe is thriving and evolving, fueled by increasing consumer demand for health and wellness products. This industry consists of various companies ranging from young startups to established firms, offering everything from vitamins and minerals to plant-based protein powders. A notable trend includes the rise of products tailored for specific demographics, such as elderly nutrition or fitness enthusiasts. Innovations in technology further drive the industry, enabling personalized supplement solutions. With a focus on clean labels and sustainability, the sector is headed towards more transparency and healthier options, catering to the informed preferences of discerning consumers.


The list highlights 14 notable investors within Europe's nutritional supplement sector, encompassing a mix of corporate and venture capital firms. Headquartered across key locations like London, Paris, and Maastricht, these investors vary widely in size and history, with some established as early as 1872 and others launched as recently as 2010. By 2024, these investors collectively participated in numerous funding rounds, showcasing their commitment to boosting innovation in the nutritional supplement space, evidenced by a particular interest in wellness-focused startups.


Top 14 Nutritional Supplement Investors in Europe


1. Crowdcube

  • Website: crowdcube.com
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2010
  • Headcount: 51-200
  • Number of deals in 2024: 3
  • LinkedIn: crowdcube-limited

Crowdcube is a corporate crowdfunding platform based in London, England, founded in 2010. It enables businesses, particularly startups and SMEs, to raise capital through equity investments by connecting them with potential investors. The platform has a strong focus on promoting diversity and inclusion within its workforce while providing investment management services. Notably, Crowdcube has been involved in several significant transactions within the nutritional supplement industry, including Natural Nutrients, which raised $163,002 in April 2018; Neat Nutrition, which raised $220,263 in March 2020; 33Fuel, which raised $502,489 in April 2021; Alyve, which raised $223,481 in April 2021; and VITL, which raised $3,829,970 in July 2022. These investments highlight Crowdcube's active participation in the nutritional supplement sector, making it a relevant player in this market.


2. Bpifrance French Tech Accélération


Bpifrance French Tech Accélération is a venture capital investor based in Paris, Île-De-France, France, founded in 2015. As a public entity and financial institution, Bpifrance supports entrepreneurs and businesses in France and internationally through a range of services including direct funding, export credit insurance, and private equity investments. They aim to foster entrepreneurship and innovation through coaching and partnerships, helping businesses navigate growth and international expansion. Notably, Bpifrance has invested in several companies within the nutritional supplement sector, including Nutripure, which specializes in organic dietary supplements, and ØZERS NUTRITION, which is focused on microalgae sports supplements. These investments highlight their active role in the nutritional supplement industry, alongside their broader investment strategy.


3. Unilever Ventures

  • Website: unileverventures.com
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2002
  • Headcount: 11-50
  • Number of deals in 2024: 9
  • LinkedIn: unileverventures

Unilever Ventures is a corporate venture capital firm based in London, England, founded in 2002. The firm specializes in investing in emerging brands and technologies, particularly within the beauty and wellness sectors. They provide capital and leverage Unilever's extensive network to help startups grow. Notably, Unilever Ventures has invested in several companies within the nutritional supplement industry, including YOUVIT, an Indonesia-based vitamin brand that raised $6 million in a Series B funding round, and Nutrafol, a NYC-based nutraceutical supplement company that has raised significant funding to scale its personalized system. Additionally, they participated in the seed funding round for What's Up Wellness, a digital wellness brand. These transactions highlight Unilever Ventures' active role in supporting innovative nutritional supplement brands.


4. Nestlé

  • Website: nestle.com
  • Type: Corporate
  • Headquarters: Vevey, Vaud, Switzerland
  • Founded year: 1866
  • Headcount: 10001+
  • Number of deals in 2024: 2
  • LinkedIn: nestle-s-a-

Nestlé S.A. is a multinational food and beverage company based in Vevey, Vaud, Switzerland, founded in 1866. With over 10,000 employees, Nestlé offers a diverse range of products, including coffee, dairy, and pet care items, while emphasizing nutritious and convenient food options. In recent years, Nestlé has made significant strides in the nutritional supplement sector through strategic acquisitions. Notably, in 2021, Nestlé acquired The Bountiful Company for $5.75 billion, integrating its vitamins and supplements line into Nestlé Health Science. This move aimed to strengthen Nestlé's position in the health and nutrition market. Additionally, the acquisition of Garden of Life in 2017, known for its organic and non-GMO products, further highlights Nestlé's focus on health and wellness. Other relevant transactions include the acquisition of GO Healthy, New Zealand's leading health brand, and the planned acquisition of Solgar Italia Multinutrient, which will enhance the marketing of Solgar products in Italy. These transactions collectively underscore Nestlé's commitment to expanding its footprint in the nutritional supplement industry.


5. dsm-firmenich

  • Website: dsm-firmenich.com
  • Type: Venture Capital
  • Headquarters: Maastricht, Limburg, Netherlands
  • Headcount: 10001+
  • Number of deals in 2024: 3
  • LinkedIn: dsmfirmenich

dsm-firmenich is a for-profit company based in Maastricht, Limburg, Netherlands, operating primarily in the nutrition, health, and beauty sectors. The company offers a diverse range of products, including fragrances, nutritional supplements, and active pharmaceutical ingredients. As a venture capital investor, dsm-firmenich has been actively involved in funding innovative companies within the nutritional supplement industry. Notable transactions include a Series A investment in Momentous, a human performance company, which raised $6.5 million to support new product launches. Additionally, dsm-firmenich co-led a Series A investment in VitaminLab, aimed at expanding their facilities and market activities. They also participated in a Series A round for OK Capsule, which raised $7 million. These transactions highlight dsm-firmenich's commitment to enhancing product offerings in the nutritional supplement market and addressing sustainability challenges.


6. Novo Holdings

  • Website: novoholdings.dk
  • Type: Venture Capital
  • Headquarters: Hellerup, Denmark
  • Founded year: 1999
  • Headcount: 51-200
  • Number of deals in 2024: 45
  • LinkedIn: novo-a-s

Novo Holdings A/S is a not-for-profit investment firm based in Hellerup, Denmark, focused on managing the assets of the Novo Nordisk Foundation. Founded in 1999, the firm invests in life science companies at various stages of development, providing capital and strategic support to enhance healthcare solutions. Among their notable transactions, they have invested in Kate Farms, which raised $75 million in a Series C round to support its nutritional products. Additionally, they have backed Bactolife, which is working on innovative solutions in the health sector, and Biosyntia, a precision fermentation firm that raised €11.5 million to produce biobased vitamin B7, a key ingredient in dietary supplements. These investments highlight Novo Holdings' active role in the nutritional supplement industry, making them a significant player in this space.


7. Unilever

  • Website: unilever.com
  • Type: Corporate
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 1872
  • Headcount: 10001+
  • LinkedIn: unilever

Unilever PLC is a multinational consumer goods company based in London, England, founded in 1872. It offers a diverse range of products, including food, beauty, personal care, and cleaning agents, with a strong commitment to sustainability. Unilever has made significant investments in the nutritional supplement sector, acquiring brands such as Onnit, a company known for its health supplements, and OLLY, which specializes in vitamins and supplements. Additionally, Unilever acquired SlimFast, a well-known brand in the weight management and nutritional supplement market, and Pukka Herbs, which focuses on organic herbal teas and wellness products. These acquisitions reflect Unilever's strategy to enhance its portfolio in health and wellness, aligning with its goal of making sustainable living commonplace.


8. Seventure Partners

  • Website: seventure.fr
  • Type: Venture Capital
  • Headquarters: Paris, Île-De-France, France
  • Founded year: 1997
  • Headcount: 11-50
  • Number of deals in 2024: 21
  • LinkedIn: seventure-partners

Seventure Partners is a Paris-based venture capital firm founded in 1997, specializing in managing funds for innovative companies in the digital technology and life sciences sectors. They focus on supporting startups and growth-stage companies through strategic funding. Notably, Seventure has been active in the nutritional supplement industry, with key investments including TargEDys, which raised €5.8M to develop products targeting appetite issues related to malnourishment and obesity. Additionally, they invested in Polaris, a company dedicated to creating sustainable Omega-3 solutions, showcasing their commitment to health and nutrition. Their Health for Life Capital™ fund specifically targets companies in the health and nutrition sectors, further solidifying their role as a relevant investor in the nutritional supplement space.


9. Enterprise Ireland


Enterprise Ireland is a public entity that serves as the Irish government's enterprise development agency, founded in 1998. It supports Irish businesses at all stages of their growth journey by providing funding, advisory services, and market access assistance. The agency focuses on helping companies scale and compete internationally across various industries, including technology and manufacturing. Notably, Enterprise Ireland has invested in several companies within the nutritional supplement sector, such as Revive Active and Nualtra, both of which raised funding to enhance their product offerings and market reach. Additionally, Enterprise Ireland participated in funding rounds for Nuritas, a biotech firm that develops innovative nutritional solutions. These transactions highlight Enterprise Ireland's active role in supporting the growth of businesses in the nutritional supplement industry.


10. Nestlé Health Science


Nestlé Health Science is a health and nutrition company that specializes in medical nutrition, active lifestyle nutrition, and pharmaceuticals. Founded in 2011 and based in Lausanne, Switzerland, the company operates globally, providing innovative products aimed at improving health outcomes for patients and consumers. Nestlé Health Science has made significant investments in the nutritional supplement sector, acquiring several key brands to enhance its portfolio. Notable transactions include the acquisition of Nature’s Bounty and Solgar, which are well-known in the dietary supplement market, and Orgain, a plant-based nutrition company. Additionally, the company has acquired Vital Proteins, a brand recognized for its collagen-based products, and Persona, a personalized nutrition company. These strategic acquisitions reflect Nestlé Health Science's focus on science-based solutions and its commitment to meeting the diverse nutritional needs of consumers.


11. Almi

  • Website: almi.se
  • Type: Venture Capital
  • Headquarters: Stockholm, Stockholm, Sweden
  • Founded year: 1994
  • Headcount: 201-500
  • Number of deals in 2024: 7
  • LinkedIn: almi-ab

Almi AB is a financial services company based in Stockholm, Sweden, that provides loans, risk capital, and business development support to small and medium-sized enterprises. Founded in 1994, Almi aims to enhance the growth and competitiveness of these businesses through tailored financial solutions and guidance. Notably, Almi has been involved in several transactions relevant to the nutritional supplement industry, including a funding round for Eatit, which raised $585,151 in August 2021, and Swedish Temptations (Bärta), a producer of vegan and organic foods that raised $840,000 in February 2021. These investments reflect Almi's commitment to supporting companies that contribute to health and nutrition, making them a relevant player in the nutritional supplement space.


12. Blue Horizon

  • Website: bluehorizon.com
  • Type: Venture Capital
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 2016
  • Headcount: 11-50
  • Number of deals in 2024: 2
  • LinkedIn: bluehorizoncorp

Blue Horizon is a Zurich-based venture capital firm founded in 2016, dedicated to investing in sustainable food systems. The firm supports mission-aligned founders in the bioeconomy by providing funding and resources to scale innovative solutions, particularly in alternative proteins and sustainable practices. Notable transactions include investments in Wild Earth, a company focused on plant-based pet food, and Geltor, which specializes in bioengineered proteins. These investments highlight Blue Horizon's commitment to supporting companies that align with health and sustainability, making them a relevant player in the nutritional supplement space.


13. Kima Ventures

  • Website: kimaventures.com
  • Type: Venture Capital
  • Headquarters: Paris, Île-De-France, France
  • Founded year: 2010
  • Headcount: 1-10
  • Number of deals in 2024: 50
  • LinkedIn: kima-ventures

Kima Ventures is a Paris-based venture capital firm founded in 2010, specializing in early-stage investments across various sectors. The firm is known for its rapid investment pace, backing two startups per week, and providing them with both financial support and mentorship. Among their notable transactions, Kima Ventures has invested in Cuure, a health startup that raised €1.8MM in seed funding to expand its wellness offerings across Europe. They also backed Foodvisor, a French nutrition application that raised one million euros to enhance its services. Additionally, Kima Ventures has invested in Feed., a company focused on meal replacement products, and Fooducate, which provides nutritional information and education. These investments highlight Kima Ventures' engagement in the nutritional supplement and wellness sectors, showcasing their commitment to supporting innovative solutions in health and nutrition.


14. Octopus Ventures

  • Website: octopusventures.com
  • Type: Venture Capital
  • Headquarters: London, England, United Kingdom (UK)
  • Founded year: 2008
  • Headcount: 51-200
  • Number of deals in 2024: 37
  • LinkedIn: octopus-ventures

Octopus Ventures is a venture capital firm based in London, England, founded in 2008. They focus on backing founders and startups across a diverse range of sectors, including B2B Software, Bio, Climate, Consumer, Deep Tech, Fintech, and Health. With 37 investments in 2024 alone, they provide funding and strategic support to entrepreneurs, helping them navigate the challenges of building and scaling their businesses. Notably, they have invested in Elo Health, which raised $10 million in Series A funding in January 2023, indicating their commitment to health and wellness. Additionally, their investment in Graze, a company that offers healthy snacks, further highlights their interest in consumer health products. Their involvement in Manual, which raised over $38 million in 2024, also aligns with their focus on health-related ventures. Overall, Octopus Ventures demonstrates a strong inclination towards health and wellness, making them a relevant player in the nutritional supplement space.



Nutritional Supplement Insights: Key Investors in Europe


InvestorHeadquarterSizeFoundedDeals 2024
CrowdcubeLondon, England, United Kingdom (UK)51-20020103
Bpifrance French Tech AccélérationParis, Île-De-France, France1-102015198
Unilever VenturesLondon, England, United Kingdom (UK)11-5020029
NestléVevey, Vaud, Switzerland10001+18662
dsm-firmenichMaastricht, Limburg, Netherlands10001+3
Novo HoldingsHellerup, Denmark51-200199945
UnileverLondon, England, United Kingdom (UK)10001+18720
Seventure PartnersParis, Île-De-France, France11-50199721
Enterprise IrelandDublin, Dublin, Ireland501-1000199848
Nestlé Health ScienceLausanne, Vaud, Switzerland10001+20112
AlmiStockholm, Stockholm, Sweden201-50019947
Blue HorizonZurich, Zurich, Switzerland11-5020162
Kima VenturesParis, Île-De-France, France1-10201050
Octopus VenturesLondon, England, United Kingdom (UK)51-200200837


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