Tech Company Financing Transactions
Mantle Funding Round
Mantle closed a $3 million venture capital round on 2/8/2024. Investors included Venrex and private investors.
Transaction Overview
Company Name
Announced On
2/8/2024
Transaction Type
Venture Equity
Amount
$3,030,000
Round
Undisclosed
Investors
Venrex (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further expand operations in the UK and Europe and towards an upcoming market entry into the US, and accelerate its research and product development efforts.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
Nybrogatan 8
Stockholm, 114 34
Sweden
Stockholm, 114 34
Sweden
Phone
Undisclosed
Website
Email Address
Overview
The name MANTLE is a reference to the skin's acid mantle. The acid mantle is the topmost layer of the skin barrier, a slightly acidic, fine film that acts as the first defence against microbes and bacteria. Since the start of MANTLE, strengthening the skin barrier and supporting the acid mantle has been at the forefront of all formulations.
Management Team
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About Our VC Transactions Data
We record all VC transactions involving tech companies. VC transactions reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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