Kit for Kids, a Sevenoaks, Kent, UK-based maker of health and safety-conscious mattresses, raised £3.7m in funding.
Backers included private investors of Connection Capital LLP, a specialist private client investment business.
The investment will enable the company to meet increasing demand from existing retail customers for its mattress products and also exploit further significant growth opportunities both in the UK and in export markets.
Founded in 1993 by CEO Jan van der Velde, Kit for Kids manufactures health and safety-focussed children’s mattresses with factors like breathability, temperature regulation, hygiene and support being front of mind.
In the UK, its white label and own-brand mattresses are sold through major retailers such as John Lewis, Mothercare and Babies’R’Us, and the company is also expanding rapidly via high-end retailers in the Middle East.
The company, which also has operations in Norfolk, Europe, Dubai and the US, trades in over 30 countries.
FinSMEs
31/07/2017