The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand, has successfully secured £350,000 through its equity crowdfunding campaign on Seedrs. The company launched the initiative recently and is now nearing £375,000 from more than 100 investors.
Launched in 2016, The Cheeky Panda states that bamboo grows 30 times faster than trees and it is the natural sustainable alternative to tree based toilet tissue.The company stated that its founders Chris Forbes and Julie Chen are using bamboo products as a solution to people and companies that are looking for organic, natural, and sustainable alternatives for everyday products.
“While the major toilet tissue manufactures have focused on tree pulp, Bamboo is more skin friendly, luxurious alternative that is more sustainable and costs the same. Virgin Bamboo pulp is a naturally nutritious, flexible and softer commodity than tree bark. It’s naturally anti-bacterial, anti-fungal, hyper-allergic and odor resistant. Recycled paper requires chemical chlorine and de-inking agents to transform it. Not nice!! Bamboo on the other hand does not require any harsh chemical in the manufacturing process meaning that you get natural luxurious and soft tissues that are kind to your bum!”
The company also revealed that bamboo is the worlds fastest growing plant and it believes that bamboo is not utilized to its potential.
“Together with our Chinese Partners we have created a range of Bamboo Tissue Products that are, high quality, sustainable and low carbon!”
Funds from the campaign will be used to continue the company’s expansion. It is set to close in the fall.
Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!