Happybrush raises around four million euros

The Munich-based healthtech successfully completed its Series A financing round. The money comes from Haniel, among others.

According to the start-up Happybrush, it has already sold over five million products. It is also profitable. The Munich-based health tech company has now announced the completion of a financing round. According to the start-up, it has raised more than four million euros. BayBG Bayerische Beteiligungsgesellschaft and Haniel are investing together with existing shareholders, including the founders of Emma Matrazen and the 360T trading platform.

"After joining the company with a silent partnership in 2018, we are increasing our commitment with a direct investment to enable the Happybrush team to implement its further technical ideas and exploit its international growth potential in the short and medium term," says BayBG Senior Investment Manager Alexander Ullmann, explaining the investment.

Happybrush manufactures toothbrushes, toothpastes and mouthwashes, among other things. "We are very pleased that we were able to gain the support of the investors and convince them of our vision," says Co-Founder and Managing Director Florian Kiener. The start-up intends to use the money to develop new products, expand its team and increase its market presence.