GERMANY – Vyld, a Berlin, Germany-based company providing regenerative products, raised a seven fugure seed funding.
In addition to funding from the German government and the EU, the founders are relying on their self-developed sustainable financing instrument, the Future Profit Partnership Agreement (FPPA). The company intends to use the funds to launch the Kelpon, a tampon made from seaweed, as well as to develop the Algaeverse portfolio for B2B and B2C.Co-founded by Ines Schiller and Melanie Schichan, Vyld develops sustainable, ocean-friendly and healthy absorbent products made from seaweed. Their first products are a tampon made from seaweed (Kelpon), launched in 2024, and a compostable diaper (Dyper), piloted in 2024. Following the consumer trial of the Kelpon with over 100 menstruators in fall 2023, the pilot phase of the Dyper has just started. The Dyper is part of the Windelwald (‘diaper forest’) cooperation with Goldeimer: a compostable diaper with an algae core, without plastic and superabsorbents. In the pilot project with 50 households, the sustainable diaper is being tested for its suitability in everyday life and as a humus fertilizer. The used diapers are composted under controlled conditions and a small forest is planted from the fertilizer – the diaper forest.19/01/2024
