ECO Group raised €7.5 million in Series A funding to expand its platform of eco-friendly consumer goods brands, following its acquisition of a majority stake in JM Nature GmbH.
Target Information
ECO Group, founded in 2022, is a platform dedicated to purpose-driven eco-brands that focus on promoting healthy and environmentally conscious options for consumers. The company's portfolio includes high-quality non-food FMCG items such as dental care products, laundry detergents, and household cleaning solutions. Notable brands under its umbrella include Hydrophil, Dental Delight, and Seepje.
Located in Bad Homburg, Germany, ECO Group aims to scale its offerings in eco-friendly consumer goods through a B2B-platform that caters to the growing demand for sustainable products.
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Industry Overview
The demand for sustainable brands has seen significant growth in recent years. According to the 2022 Sustainable Market Share Index™, products marketed for their sustainability attributes accounted for almost one-th
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Disclosed details
Transaction Size: $8M