Bower Collective secures investment from South West Investment Fund to scale sustainable products
The funding comes via The FSE Group and brings the company total funds raised to £6.6m.
Bower Collective is a sustainable home and personal care brand offering natural products in reusable packaging to eliminate plastic waste.
Bower Collective has secured equity funding from the British Business Bank through the South West Investment Fund, managed by The FSE Group. The latest capital injection brings the company total funding raised to date across multiple rounds to £6.6m.
The funds will be directed towards product innovation, expanding business-to-business channels, growing the physical retail presence in partnership with independent retailers and supermarkets, and strengthening the digital subscription model.
From the founder
"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"
Nick Torday
CEO and co-founder at Bower Collective
Investor perspective
"Bower’s management team has shown exceptional innovation and commitment to sustainability, which aligns well with our investment philosophy. They have demonstrated strong market demand for their outstanding products and we’re excited to support them in their mission to tackle the pervasive issue of plastic waste."
Matt Browning
Investment Manager, The FSE Group
Use of funds
- 01Continue product development
- 02Accelerate go-to-market
Investors
Categories
About the company
Bower Collective
Bower Collective creates sustainable natural home and personal care products using reusable packaging.