Tiba Tempeh Secures Over £1.1M in Funding Following 736% Surge in Retail Sales Value

UK tempeh brand Tiba Tempeh has secured over £1.1 million in funding, led by Maven Capital Partners and supported by the British Business Bank and Perfect Redd, the venture capital arm of Samworth Brothers. The funding will be used to enhance marketing, sales, and product development, with new launches planned for 2025 following a 736% surge in retail sales value over the past year, making Tiba Tempeh the fastest-growing brand in the UK chilled meat-free category.

Founded in 2019, Tiba Tempeh offers a range of tempeh products made from 100% natural and organic ingredients that are high in protein and fibre, vegan, and gluten-free. The brand has expanded into new retail outlets, including Sainsbury’s, Morrisons, and Ocado, as well as international markets like France and Spain. The investment will support Tiba Tempeh's mission to create a healthier world by offering delicious, naturally healthy, and sustainable plant-based food options to consumers.