The British Business Bank fund backed the sustainable brand to support digital and business-to-business growth.
"We’re delighted to receive this investment, which will enable us to enhance our operational efficiency, continue to grow our digital subscription business and expand our B2B channel growth. Our mission to eliminate plastic waste is more urgent than ever and, with this support, we’re well set to scale our impact even further."
The follow-on investment forms part of a £1m round aimed at scaling the eco-friendly laundry care brand globally.
"This investment marks a pivotal moment for Clothes Doctor. With FSE’s support, we’re not just expanding our reach; we’re redefining eco-friendly laundry care on a global scale. Our innovative products, such as our ‘spritz’ line and our renowned wool and cashmere detergents, are setting new standards in the industry. We’re committed to continual innovation and sustainability, and this funding will propel us into new markets and opportunities."
The funding round was led by Discerning Capital, the Raine Group, and Play Ventures.
"As investors focused on the global gaming industry, we are incredibly excited to partner with the Midnite team who have built one of the most compelling challenger brands anywhere in the world."
The £5m round was led by YFM Equity Partners to accelerate global growth and platform development.
"Our partnership with YFM has been instrumental in driving Vypr’s growth and there is no clearer sign of potential than a major investor more than doubling its backing. With an excellent team here, a unique product roadmap, and enormous global opportunity, we can now deliver the next phase of our strategy and bring even greater value to our customers globally."