Cheeky Chompers raise £470K

Published: 27 September 2019

An Edinburgh-based baby products firm has raised more than £470,000 in a crowdfunding round which valued the company at more than £3 million.

News of the financing success for Edinburgh-based Cheeky Chompers comes hot on the heels of a deal with retailer Mamas & Papas which will see its products available across its UK stores and website.

It has been an amazing journey over the past six years...We’re excited to be teaming up with Mamas and Papas, a brand we’ve admired greatly for some time...

Julie Wilson, Co-founder, Cheeky Chompers

 

Cheeky Chompers, founded by Julie Wilson and Amy Livingstone who met when they were both on maternity leave with their first children, had aimed to raise £400,000 on equity investment platform Crowdcube, but saw the final figure come in at £472,000.

The money will be used to further scale the business through product development, direct sales growth and increased brand awareness in key markets. Cheeky Chompers has sold over 1.5 million products to date across the UK, China and the US...

Full story via The Insider News 

Share

Latest tweets

follow us @InvestEdinburgh