Peachies, the London-based premium nappy brand for contemporary parenting, has today announced the successful completion of its latest fundraising round, securing total funding of £1.4 million.
Launched in 2023, Peachies produces premium-quality environmentally friendly nappies that are available via a monthly nappy subscription delivered straight to home.
Climate KIC's Impact Forecast states that for every 1,000 babies who wear Peachies nappies, the company will save the equivalent weight of 17 elephants.
Morgan Mixon, Co-Founder of Peachies, comments:
"From the beginning, Peachies has been backed by founders, industry executives and experienced investors. Now, we are adding to our brain trust renowned funds like Anotherway Ventures and Antler alongside angels who believe in our mission to make modern parenthood more joyful by focusing on an essential routine at the heart of childcare that has long been overlooked, leaving parents frustrated."
Rima Suppan, Peachies Co-Founder, comments:
"We are creating a new nappy category where premium product and customer service design unlocks uncharted value for families. That's longer nights, fewer nappies per day, less laundry and the assurance baby's skin is protected and comfortable."
Anotherway Ventures led the funding, which included Antler and various angels, including the founders of children's bicycle brand Woom and a former senior leader at Kimberly Clark (Huggies owner).
Jono Holt, Partner at Anotherway Ventures, shared:
"We're super proud to be investing in Peachies. It's a great brand that represents and respects modern parents, and the nappy market is crying for more innovation and sustainability."
The funding will help accelerate growth in the UK, expand Peaiches product range and supercharge its nappy concierge service.
Lead image: Peachies. Photo: uncredited.
Would you like to write the first comment?
Login to post comments