The London-based small batch kombucha brand has now raised £4.5 million across six funding rounds since it was launched in 2018.
Momo Kombucha is backed by 24 angel investors in total, including Brixton Brewery co-founder Jez Galaun. Following this latest round of investment, founders Josh and Lisa Puddle remain majority owners, jointly holding a 57% stake in the business.
The funding is set to be used to fit out a larger brewery, invest in new equipment to scale production and support broader growth.
Over the past four years Momo Kombucha has doubled its revenue on average every year, while it produces the three bestselling single format soft drinks on Ocado. It is also stocked by retailer Booths, as well as foodservice outlets Nando’s and Gail’s.
Moving forward, the B Corp-certified brand is hoping to capitalise on the growing demand for alcohol alternatives, low sugar options and healthy energy drinks.
“This is by far our largest fundraise to date, and I’m deeply grateful to the individuals who backed us, most of whom first discovered Momo as loyal customers and have since become long-term believers in our brand,” said Josh Puddle, who serves as managing director.
“In fact, our four biggest shareholders are all top five D2Ccustomers. Their support is a real testament to the strength of the community around Momo. The funds will enable us to significantly scale our production capacity, the main factor limiting our growth since we launched in 2018, and allow us to continue investing in the quality of our kombucha. Ultimately, this raise will help bring us closer to our ambition of becoming the UK’s favourite kombucha.”
During 2025, Momo Kombucha has announced the expansion of its leadership team with the appointments of Katie Jewitt, formerly of Trip and Greggs, as chief operating officer, and Murray Smyth, ex-AlixPartners, as head of finance.
