German startup Everdrop secures 8-digit investment to expand globally
Munich-based Everdrop has secured fresh investment six months after it closed a seed round. This time the round was led by London’s Felix Capital with participation from Vorwerk Ventures. Previous backer HV Capital, which owns 15% of Everdrop’s shares, also joined. The founders Christian Becker, Daniel Schmitt-Haverkamp und David Löwe hold 60% of the startup’s shares, Gründerszene reports.
Founded in 2019, Everdrop creates eco cleaning supplies including plastic-free packaged washing powder, dishwasher tablets, as well as cleanser tablets that are needed to be mixed with water at home to clean the kitchen, the bathroom and other surfaces. The startup’s solutions are dedicated to sustainability and designed to reduce household waste.
With this additional cash infusion Everdrop is planning to promote internationalization and expand beyond the German-speaking area into other European countries such as France, the Netherlands, Italy and Sweden. Additionally, the startup will invest in team growth – it wants to hire 40 employees at the end of the year.