Investors
Founders' Self Developed Sustainable Financing Instrument (Fppa)EuGerman Government
Description
Vyld, a Berlin, Germany-based company providing regenerative products, raised a seven-figure seed funding. The company intends to use the funds to launch the Kelpon, a tampon made from seaweed, as well as to develop the Algaeverse portfolio for B2B and B2C.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers