Health food brand Nobó has partnered with food-focused investment firm BiaVest to accelerate its growth into new products and new international markets.
Nobó was created by wife and husband team Rachel and Brian Nolan in 2012.
Its award winning dairy free ice-cream - made from four natural ingredients including coconut milk and avocado - was the first of its kind in the world.
The Nolans have also launched their own healthier take on milk chocolate, made with no refined sugar or dairy. Nobó's vegan chocolate is now being sold across Ireland and Canada and is due to launch in mainland Europe this summer.
BiaVest was formed by two of the country's leading food executives, Hilliard Lombard and David McKernan, who have accumulated more than 50 years' combined experience, knowledge and industry success in Ireland and across Europe in the food sector.
Nobó's Brian Nolan said the company was delighted to partner with Irish investors who are committed to staying true to its ethos and values.
"David and Hilliard share our vision in becoming a global leader in health foods and this partnership will help make that a reality," he said.
"The journey ahead will be rooted in more innovation, more channels and more countries but we will always stay true to our amazing, loyal customers and to working with ingredients of the highest quality," he added.
Hilliard Lombard, CEO Biavest, the company was born out of a passion for food and a desire to help outstanding food brands maximize their potential.
"We look forward to working with Brian, Rachel and the team and helping Nobó to grow both in Ireland and internationally," he added.