Simba Sleep raises £1m from Richard Reed and Tom Teichman to fund product expansion and international growth.
The London mattress maker secured backing from high-profile entrepreneurs to launch pillows and expand overseas.
Share allotment filed at Companies House
Simba Sleep manufactures and sells rolled mattresses housed in compact boxes direct to consumers online and through retail partners.
Simba Sleep has secured £1m in funding from high-profile entrepreneurs, including Richard Reed and Tom Teichman.
The London-based mattress maker sells British-made products delivered next-day in a compact box. The fresh capital follows the company's launch last August.
The business intends to use the proceeds to launch a range of pillows and expand its footprint internationally into Asia, the Middle East, and continental Europe.
From the founder
"Retailers have recently started to educate people about how often they should change their mattresses,"
James Cox
Founder and Chief Executive at Simba Sleep
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Simba Sleep
Simba Sleep manufactures and sells rolled mattresses housed in compact boxes.