Czech femtech company Snuggs has raised €5.2 million in fresh funding led by TripleB, an Amsterdam-based investment group. The company's total funding has reached €12 million and is going to support its growth plan, The Times reports.
About Snuggs
- Snuggs is a Czech company founded in 2019 by Linda Šejdová and Tomáš Zahradník. It specializes in period-proof underwear, offering a comfortable and sustainable alternative to traditional menstrual products.
- The team’s focus on combining functionality with premium design has positioned Snuggs as a key player in the femtech space.
- Since its launch, Snuggs has expanded beyond the Czech Republic and Slovakia into Germany, Austria, the Netherlands, and the UK, attracting over 700,000 customers and selling more than 3 million products.
"Menstruation is not a problem to be solved—it’s our superpower. I want to connect periods with something beautiful and comfortable, in contrast to the transactional and unappealing nature of tampons and pads," said co-founder Linda Šejdová.
Investment details
The €5.2 million investment was led by TripleB, an Amsterdam-based investment group. The company's previous investors include N1 and Martin Rozhon.
- Triple B is a family-run initiative dedicated to empowering innovators and entrepreneurs for positive impact. They provide financial backing and strategic guidance across sectors such as real estate, growth opportunities, and venture-stage companies.
- Their investment philosophy emphasizes innovation, global vision, and responsible capitalism, aiming to create long-term value in areas like sports, consumer brands, retail, and e-commerce.
“Snuggs is the category leader in Europe and continues to grow at an astounding pace. With a talented and ambitious leadership team, we are incredibly enthusiastic about the future.
To support our growth plan, the team is actively recruiting for several key positions. There are multiple opportunities available to join this exciting journey,” said Thomas Archer Bata, founder at TripleB.
With €20 million in revenue and positive EBITDA, Snuggs is set to further strengthen its European presence and solidify its leadership in sustainable period care.
