Vyld Raises Seven-Figure Sum for Sustainable Period Products
Vyld, a startup dedicated to developing sustainable and marine biodegradable period products made from seaweed, has successfully closed its seed round, raising a seven-figure sum. The funding comes from a variety of sources, including the German government, the European Union, and Vyld’s own sustainable financing instrument, the Future Profit Partnership Agreement (FPPA). This injection of capital will allow Vyld to launch its flagship product, the Kelpon, the world’s first tampon made from seaweed. Additionally, the funds will support the development of the Algaeverse portfolio for both B2B and B2C markets.
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