Myom Ltd Secures Fresh Funding Amidst Growing Demand for Sustainable Oat Milk
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Myom Ltd, a Crick-based innovator in sustainable food products, has successfully closed a new funding round, raising an estimated £145.5k. This latest investment values the company at approximately £7.3m post-money, underscoring investor confidence in its unique oat milk premix solution. The funding was officially filed on April 9, 2026, following an allotment date of January 23, 2026.
Founded on April 14, 2022, Myom Ltd addresses critical consumer demands for convenience, sustainability, and reduced waste in the plant-based dairy market. The company manufactures an oat milk concentrate that consumers can easily mix with water at home to create fresh oat milk. This innovative product targets a broad demographic, including vegans, individuals with lactose intolerance, and environmentally conscious consumers seeking to reduce packaging waste and transportation emissions associated with traditional carton oat milks.
This recent capital injection follows a previous funding round on November 21, 2025, where Myom Ltd secured £294.7k at a valuation of £7.1m. The increase in valuation to £7.3m in just a few months highlights the company's progress and the perceived potential of its offering within the rapidly expanding plant-based sector. While specific investor names for this round were not disclosed, the consistent growth in valuation suggests a positive trajectory for the Midlands-based firm. Detailed financial metrics such as revenue, employee numbers, or profit/loss figures for Myom Ltd were not made available.
Myom Ltd's funding round takes place within a dynamic and growing UK food technology landscape, particularly within the plant-based and sustainable food segments. The UK plant-based food market is projected to reach USD 1,084.4 Million by 2034, exhibiting a compound annual growth rate (CAGR) of 10.41% from 2026 to 2034. More specifically, the UK oat milk market is experiencing significant expansion, with projections indicating a CAGR of 63.08% from 2025 to 2032, potentially reaching a market value of USD 10,778.90 Million by 2032.
This robust market growth is driven by increasing consumer awareness of health and wellness, growing environmental sustainability concerns, and ethical considerations regarding animal welfare. Innovations in product development, coupled with favourable government and policy support, are further propelling the sector forward. Investment trends in FoodTech show a strong focus on sustainability-driven startups, with over 60% of agriculture venture capital funds targeting such businesses. Technologies aimed at climate risk mitigation, including those reducing emissions and promoting sustainable practices, are attracting significant venture capital interest. The UK government has also indicated support for innovation, with an £800 million investment strategy for public services that includes technologies like AI, and calls for substantial public investment in alternative proteins to bolster the sector.
Myom Ltd's focus on reducing packaging waste and transportation emissions aligns perfectly with these overarching market trends and investment priorities. By offering a concentrated oat milk solution, the company directly contributes to a more sustainable food system, positioning itself well within a sector poised for continued growth and innovation in the UK.
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