Nohbo, a Melbourne, Florida-based Sustainable beauty & personal care technology company, raised $3M in seed funding.
The round was led by Material Impact with participation from Safer Made and existing investor Mark Cuban’s Radical Investments. Cuban will sit on Nohbo’s Board of Directors.
The company intends to use the capital to scale up their manufacturing capabilities and produce 15 million units per month.
Led by Ben Stern, Founder & CEO, Nohbo has commercialized a single-use, water soluble personal care line of products. Today, the company sells its Drops directly on its website, and plans to offer subscription-based offerings later this year.
FinSMEs
27/03/2020