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EDT raises $2.4M in Pre-Series A to expand into beauty-tech with SUKI hair dryer. Led by existing investor Sauce, the round includes Alteria Capital and angel investors.
Consumer technology brand EDT has raised $2.4 million in an oversubscribed Pre-Series A funding round led by existing investor Sauce. The company plans to expand beyond kitchen appliances into beauty-tech and personal care, launching SUKI, an intelligent hair dryer priced at ₹8,999. New investors include Alteria Capital, Raul Rai, Shibam Das, Arindam Paul, Ajith Pai, and Anushree Tainwala. EDT will use the capital to build inventory for the festive season, launch new products, and strengthen its teams.
Company Information
Company
EDT
Location
Mumbai, Maharashtra, India
About
EDT is a global product company reimagining life’s essential tools through intuitive design, intelligence, and human-centered emotion. Built on the belief that people deserve products that are exponentially better than what exists today, EDT creates beautifully designed experiences that seamlessly fit into everyday life across cultures and boundaries. Powered by a bold and experienced team of operators, designers, and technologists working from Bangalore, Mumbai, London, and San Francisco, EDT moves with speed and respect as core principles to deliver meaningful innovation at a global scale.
Fundz sees it the moment EDT raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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