GOT BAG launches crowdinvesting campaign for international expansion

Despite being self-financed, GOT BAG has developed into a popular backpack manufacturer in the DACH region over the past five years. The crowd-investing campaign is now set to drive international expansion and product development.

Mainz - The Mainz-based company GOT BAG, which specializes in the production of sustainable backpacks made from ocean impact plastic, is planning a six-week crowdinvesting campaign via the WIWIN platform. The launch will take place on March 14, 2024.

Continuous growth despite self-financing

Since its foundation five years ago, GOT BAG has established itself as the leading backpack manufacturer in the DACH region, and has done so without external financing. The company has recorded average growth of 60% over the last four years and is expected to sell its one millionth product made from recycled material this year.

As a Mainz-based start-up, we have proven that we can become a self-financed and profitable leading backpack manufacturer

Benjamin Mandos, founder of GOT BAG

With a global presence in over 1000 stores and around 400,000 Instagram followers, GOT BAG has built its own community. Cooperation with marine conservation organizations such as Sea Shepherd and projects such as the clean-up program in Indonesia underline the company's commitment to environmental protection.

Goals of the crowdinvesting campaign

GOT BAG plans to use the funds raised to expand internationally into new markets such as France and Italy. Steps already taken, such as the presence in Galeries Lafayettes, are to be further expanded through the multi-channel strategy. The development of two new recycled materials and the doubling of the product portfolio are also on the agenda.

The company is paying particular attention to supporting the clean-up program in Indonesia. The financial support from the crowdinvesting campaign is intended to intensify the collection of plastic waste locally and further expand the waste management system.

Investment opportunities via WIWIN

Interested parties can register via the WIWIN platform from a minimum subscription amount of €250 and invest over a period of five years with an annual interest rate of 7.5%. From an investment amount of €1,000, investors have the opportunity to become an "Ocean Care Club Investor" and receive attractive discounts and product thank-you gifts.

Warning for potential investors

It should be noted that the acquisition of this security is associated with considerable risks. Interested parties can find further information on the product page at wiwin.de. The author and Startbase are pure reporters and have no connection or insight into the investment product. Startbase cannot, does not and will not provide any recommendation or advice of any kind for it.