Bettii Pod Secures £400,000 in Investment and Scottish EDGE Funding
Deal News | Dec 17, 2024 | Scottish Enterprise
The Bettii Pod, a company innovating in sustainable menstrual hygiene products, has secured £400,000 in investment, including Scottish EDGE funding. With key investments from Equity Gap, Scottish Enterprise, and Lifted Ventures, The Bettii Pod aims to accelerate its mission to make menstruation manageable and environmentally sustainable through its innovative cup/disc washer. Awarded the Circular Economy Award, the company has gathered a community of like-minded investors to scale its operations and expand its impact. Scotland's national economic agency, Scottish Enterprise, reinforcing its commitment to growing ambitious businesses, has augmented The Bettii Pod's efforts to enhance eco-friendly menstrual solutions. The Bettii Pod is poised to extend its market presence and develop its technology, supported by networks dedicated to empowering female-founded businesses in the FemTech sector.
Sectors
- FemTech
- Angel Investment
- Circular Economy
Geography
- Scotland – This is the primary geography of the article as both Equity Gap and Scottish Enterprise, major participants, are based in Scotland, and The Bettii Pod is looking to expand its market reach across the UK.
- United Kingdom – The Bettii Pod's market expansion and product engagement are aimed across the UK, making it a relevant geography in the article.
Industry
- FemTech – The article discusses The Bettii Pod, a company focused on providing technology and innovations for female health, a key aspect of the FemTech industry.
- Angel Investment – Equity Gap, a leading angel investment firm, plays a significant role in securing funding for The Bettii Pod, highlighting the article's relevance to the angel investment sector.
- Circular Economy – The Bettii Pod received the Circular Economy Award, indicating the company's alignment with sustainable and environmentally friendly practices, relevant to this industry classification.
Financials
- £400,000 – Total investment amount secured by The Bettii Pod, including Scottish EDGE funding and additional investments.
- £70,000 – Amount specifically contributed by Scottish EDGE to further develop The Bettii Pod's technology and market reach.
- £338,000 – Investment amount raised recently from Equity Gap and Scottish Enterprise prior to the current funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Bettii Pod | Target | Company | A FemTech company focused on sustainable menstrual hygiene solutions, specifically a menstrual cup/disc washer. |
| Scottish Enterprise | Investor | Company | Scotland's national economic development agency, investing in The Bettii Pod to support its growth and innovation. |
| Equity Gap | Investor | Company | A leading angel investment firm providing financial and strategic support to early-stage companies like The Bettii Pod. |
| Lifted Ventures | Co-Investor | Company | Collaborated with Equity Gap in the investment deal for The Bettii Pod, supporting its mission in sustainable menstrual solutions. |
| Elaine Galston | CEO | Person | CEO of The Bettii Pod, leading the company in its mission to innovate in the FemTech sector. |
| Fraser Lusty | Managing Director | Person | Managing Director of Equity Gap, supporting investments in innovative companies like The Bettii Pod. |
| Kerry Sharp | Director of Entrepreneurship and Investment | Person | Director at Scottish Enterprise, involved in supporting The Bettii Pod through strategic investment. |