Clothes Doctor secures £500k from the Cornwall & Isles of Scilly Investment Fund for international expansion
The follow-on investment forms part of a £1m round aimed at scaling the eco-friendly laundry care brand globally.
Clothes Doctor produces plastic-free, vegan-friendly laundry care items designed to extend the lifespan of garments.
Clothes Doctor has secured £500k in follow-on equity from the Cornwall & Isles of Scilly Investment Fund, managed by The FSE Group, as part of a £1m financing round. The capital includes backing from private investors and will support the company as it targets international growth and continues its work in sustainable product development.
Since receiving initial backing from the fund in 2022, the business has seen significant revenue growth and expanded its distribution across multiple continents. The fresh capital will allow the team to scale operations and create new jobs.
The investment highlights ongoing support for sustainable consumer brands within the region, building on previous funding programmes managed by The FSE Group.
From the founder
"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."
Lulu O’Connor
Founder and CEO at Clothes Doctor
Investor perspective
"We are incredibly impressed by the strides Clothes Doctor has made and our continued investment reflects our confidence in their innovative products and strategic vision. Lulu is a collaborative, forward-thinking founder and under her leadership the company has shown remarkable growth. This is a fantastic opportunity to further support a strong management team in a highly-scalable business and we are excited to continue to work with Clothes Doctor as they expand their global footprint."
Meg Salt
Investment Manager, The FSE Group
Use of funds
- 01Expand into international markets
- 02Grow the team
Investors
Categories
About the company
Clothes Doctor
Clothes Doctor manufactures eco-friendly laundry care products.