Bristol-based sparkling drinks brand Koji has picked up £150,000 follow-on funding from the government-backed Angel CoFund.

It is the second time the CoFund has backed Koji’s parent, the Future Drinks Company. In May 2012 it led an initial funding round worth £350,000 with Wren Capital and Arion One.

The business, which says it has developed an innovative production process that lessens the need for sugar, plans to respond to growing demand for healthier soft drinks targeting an adult market.

It will use the money to pay for a re-launch in the UK.

The Angel CoFund is a £100 million investment fund tasked with developing promising UK businesses and encouraging more business angel investment.

Tim Chater, co-founder of Future Drinks, said: “The support from the Angel CoFund has been fantastic for us; the funding and encouragement of our investors has been a driving force over recent years and we look for to continuing this relationship.”