Midven backed the pharmaceutical sourcing platform through the Midlands Engine Investment Fund.
"Drug shortages are placing increasing pressure on pharmacists, and disrupting patients’ medical treatments, on a worldwide basis. MEIF investment will allow iethico to re-engineer the medicine procurement process, providing more reliable access to pharmacists and enabling better outcomes for patients."
The pre-seed round was led by Jenson Funding Partners with backing from angel investors.
"Water is a critical part of our diet, but too often it’s neglected. At Sküma, we’ve developed the Super-Filter® cartridge to enhance the benefits of water. With our selection of Infusions®, customers can optimise their personal health with an easy-to-install system, while being 100% sustainable."
The oversubscribed pre-seed round was backed by 1414 Ventures, BH Ventures, and UK angel investors.
"We’re excited also to welcome Luis Davila to our board. Luis will help KYP to scale in North America and LATAM . We also welcome Howard Hall and David Birch to KYP’s Advisory Board. I know that all of us at KYP will benefit from the newly joined board members’ leadership and expertise."