[Funding alert] Sustainable Fashion-tech Brand Kidbea Raises $1Mn Pre-Series A Funding

Kidbea, a kids’ apparel line made of bamboo, has secured $1 million in capital through a pre-series A round-headed by Venture Catalysts, an early-stage investment group.

Agility Ventures, BestVantage Investments, and Hiro Mizushima, a renowned Japanese actor, were among the individuals involved in the investment round, in addition to Sandeep Agarwal, Upasana Agarwal, the founders of Droom, and Ashok Bahadur.

Read also – CMAI Partners with VCMI to Boost India’s Participation in Carbon Credit Market

“The funding signifies a major milestone in our journey to turn Kidbea into a Rs 500 crore brand within the next 3 years. This funding provides us with the means to improve our sustainable offerings, extend our global presence, and persist in redefining children’s fashion,” said Swapnil Srivastav, cofounder of Kidbea.

Kidbea plans to enhance operations, grow its workforce, and accelerate its advertising and promotional campaigns with the help of the investment. Furthermore, a deliberate fraction of the cash would go into science and technology research & development.

Read also – [Funding alert] Insurtech Startup Riskcovry Secures $4.5 Mn Funding in Bridge Round

“With India’s daily birth rate exceeding 67,000 children, there is a substantial opportunity for Kidbea to target the market across both metropolitan areas and small towns, driven by the increasing awareness among new parents regarding sustainable and eco-friendly clothing. Kidbea’s innovative approach and dedication to quality align with the changing expectations of mindful consumers,” Apoorva Ranjan Sharma, co-founder, and Managing Director of Venture Catalysts, said.

About Kidbea

Kidbea, a company founded in 2021 by Swapnil Srivastav, Mohammad Hussain, and Aman Kumar Mahto, specialises in making skin-friendly, bamboo-based children’s clothing.

Read also – [Funding alert] Healthtech Startup CureBay Raises $7.5 Mn From Led by Elevar Equity