SEED Improvements Ltd will likely be one of many first traders to boost funds for well being and sweetness firms

Early stage investor SEED Improvements Ltd (AIM: SEED, OTC: FFRIF) mentioned it’s contributing £ 50,000 to a £ 1 million fundraiser by an all-female well being and sweetness firm.

London-based South West Manufacturers has developed merchandise that use plant-based components equivalent to CBD. It already has strains in Superdrug and on the favored ASOS web site.

“The merchandise have obtained a implausible reception from shoppers in what’s quick turning into a thriving FemTech business the place South West manufacturers are main,” mentioned Ed McDermott, CEO of SEED.

SEED will likely be an investor in a convertible mortgage observe paying an 8% coupon. A complete of £ 570,000 has been pledged to date.

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