MoodMwd secures £136k equity investment from Dragon Seed Advantage SEIS Fund to develop educational products
The funding was secured with support from xénos and managed by Seed Mentors.
MoodMwd provides educational tools designed to help develop children's emotional intelligence.
MoodMwd has secured £136k in equity funding from the Dragon Seed Advantage SEIS Fund to support its growth. The capital will enable the business to develop, manufacture, and market its educational products for parents and schools, while also providing working capital for new offices.
The investment was introduced through xénos, the Wales Business Angel Network, and follows support from London-based Seed Mentors. Founder Gemma Hughes utilized the funding to establish the business operations and invest in key areas following guidance from local angel managers.
From the founder
"At MoodMwd we’re passionate about children’s health and well-being and we believe that developing their emotional intelligence from an early age is crucial and can have a long-term impact on their behaviour as well as their relationships with adults and other children."
Gemma Hughes
Founder at MoodMwd
Investor perspective
"Many companies are still finding their feet in the first couple of years and our experts have a wealth of expertise which can help business owners build their businesses and maximise the impact of the investment they’ve received. We appoint an experienced independent director to the Board of each company we invest in to ensure our support is focused."
Harvey Shulman
Director, Seed Mentors
Use of funds
- 01Continue product development
- 02Invest in sales and marketing
- 03Scale operations