MicroSalt
MicroSalt® is dedicated to innovating food technology solutions that enable people to live longer, healthier, and happier lives. Its patented low-sodium salt delivers natural salt with approximately 50% less sodium and may be used by both consumers and food manufacturers to decrease the amount of sodium in their food. SaltMe! chips are produced using MicroSalt®, a patented innovative salt technology which is 100% natural, non-GMO, gluten free, and Kosher certified, that does not contain any potassium chloride.
Tekcapital listed MicroSalt on London’s AIM in February 2024 under the ticker (LON:SALT)
- Listed at 43p February 2024
- Announced a large increase in order volumes in late 2024
- Partnership with some of the world’s largest food manufacturers
MicroSalt Investment Thesis
The food industry is focused on developing and providing better-for-you products that taste good but enable reduced sodium consumption. The reason for this is that excess sodium consumption contributes to cardiovascular disease, a leading cause of premature death globally. According to the WHO, “Almost all populations are consuming too much sodium. The global mean intake of adults is 4310 mg/day sodium (equivalent to 10.78 g/day salt). This is more than double the World Health Organization recommendation for adults of less than 2000 mg/day sodium (equivalent to < 5 g/day salt). The primary health effect associated with diets high in sodium is raised blood pressure, increasing the risk of cardiovascular diseases, gastric cancer, obesity, osteoporosis, Meniere’s disease, and kidney disease. An estimated 1.89 million deaths each year are associated with consuming too much sodium. Reducing sodium intake is one of the most cost-effective measures to improve health and reduce the burden of non-communicable diseases. The WHO estimates at least $12 of savings for every $1 invested in sodium reduction initiatives.
Tekcapital Portfolio
Commercialised university-developed discoveries that can enhance people’s lives
We find and invest in exciting new discoveries from our university network that can enhance people’s lives.
We believe that when you couple compelling University IP with experienced management returns on invested capital will outperform the sector and exits will occur faster. The group’s goal is to distribute a portion of the proceeds as a special dividend to our shareholders on successful material exits.
