Sex Toys Startup Laviu Raises Over €1M in Funding

laviuLaviu, a Dresden, Germany-based sex toys startup, raised over €1m in funding.

Backers included Technologiegründerfonds Sachsen, which committed €800k, and Stephan Siegel.

The company, which has raised a total of €1.36m, intends to use the funds to advance its first product, a soundless vibrator.

Led by Chief Executive Officer Julia Ryssel, Chief Creative Officer Martin Cirillo-Schmidt, and Chief Marketing Officer Anne Friebel, Laviu is building hands-free, soundless vibrators with design based on nature made in Germany with high quality, medically tested materials and sustainable through rechargeable battery.
The company offers the Laviu One, the tradition version of a vibrator, and the LAVIU rabbit, which provides for a simultaneous inner and outer massage of the body through extra ears.

FinSMEs

12/01/2017

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