Happybrush raises around four million euros
The Munich-based healthtech successfully closed its Series A financing round. The money comes from Haniel, among others.
The start-up Happybrush says it has already sold over five million products. It is also profitable. Now the healthtech from Munich could announce the conclusion of a financing round. According to its own information, the start-up has raised more than four million euros. BayBG Bayerische Beteiligungsgesellschaft and Haniel invest together with existing shareholders such as, among others, the founders of Emma Matrazen and the trading platform 360T.
"After joining the company in 2018 with a silent investment, we are increasing our commitment with a direct investment to enable the Happybrush team in the short and medium term to implement its further technical ideas and exploit its international growth potential," BayBG Senior Investment Manager Alexander Ullmann explains the investment.
Happybrush manufactures toothbrushes, toothpastes and mouthwashes, among other products. "We are very pleased that we could win the support of investors and convince them of our vision ", says co-founder and CEO Florian Kiener. The start-up plans to use the money to develop new products, expand its team and increase its market presence.
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