Simba Secures €45M in Series B Funding

Simba, a London, UK-based sleep tech company, raised €45M in Series B funding.

The round was led by Atami Capital, with participation from Lombard Odier, Wharton Asset Management, and Nigel Wray.

The company, which has raised more than €66m in total funding, intends to use the capital to accelerate the brand’s global expansion.

Launched by James Cox, Steve Reid, and the McClements family in February 2016, Simba leverage innovative materials and technology to make beds, mattresses, pillows, and other products. Already present in fourteen countries, the company said it has sold approx. 100,000 mattresses in France, Spain, Germany, Turkey and Romania, Africa, Asia, Middle East and Australia.

Simba has a team of 80 people.

FinSMEs

20/12/2017

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