HealthTextiles secures bridge financing for investment in menstrual underwear.

HealthTextiles, a leading player in innovative textile solutions for health and well-being, proudly announces the successful completion of bridge financing for its groundbreaking initiative in menstrual underwear. The financing included both new shares issue and Almi Green Loan, strengthening the company’s strategic partnerships, including an exclusivity deal with Monthly of Sweden.

In a time marked by uncertainty and challenges, HealthTextiles has demonstrated its ability to adapt and secure financing in an impressive manner. Tomas Persson, founder and chairman of HealthTextiles, shares the company’s strategy that can be helpful for other entrepreneurs and startups struggling with financing.

”In tough times, it is crucial to have a flexible fundraising strategy. I want to share our strategy with founders and startups struggling with financing in these times! Don’t give up,” says Tomas Persson.

Customer: HealthTextiles strengthened its partnership with Monthly of Sweden, resulting in an exclusivity agreement for menstrual underwear and a joint market initiative. Instead of charging for product development, they encouraged the customer to invest in the new share issue, leading to an even closer collaboration.
Friends & Family: HealthTextiles attracted four female business angels who participated in the new share issue. These business angels have experience in the health industry and have now made their first angel investment.
Angel Investors: By participating in events such as the Harvard Business School Sweden Angel Association, HealthTextiles managed to attract a crucial angel investor who became involved in the new issuance.
Corporate Partner: Collaboration with Almi Företagspartner in GävleDala resulted in the approval of an Almi Green Loan, further strengthening the company’s financial position.

”It’s a fantastic opportunity to be able to make such a significant investment in women’s health together,” says Lisa Perby, founder and CEO of Monthly of Sweden. ”In a rapidly growing segment like menstrual underwear, coming together to develop a product that is both hygienic and environmentally friendly means a lot.”

Tomas Persson concludes by thanking everyone involved in this successful financing round. ”We are proud of the support and trust we have received from our partners and investors. This funding will be a crucial catalyst for our initiative in menstrual underwear and our commitment to promoting women’s health.”

Translated to English supported by AI, Chat GHP.

For more information, please contact:

Tomas Persson

Founder and owner

HealthTextiles

www.healthtextiles.com

info@healthtextiles.com

+46 (0)727-302081

About HealthTextiles

HealthTextiles is a leading Swedish manufacturer with a mission to save lives and reduce costs for the healthcare sector by developing innovative new medical uniforms and textiles. Offering unique antibacterial uniforms with Swedish quality and design, their uniforms are present in hospitals, healthcare centers, and nursing homes across Europe.

The company is also committed to improving the quality of life for women through innovative products like menstrual underwear. HealthTextiles works closely with its partners and investors to drive the industry forward and create positive change.