Subscription-based diaper service Dyper gets $20 million investment from unconventional 'investment house'
LONDON, October 16, 2020-
The Craftory is investing $20 million into DYPER to support its expansion in the US and amplify its impact. The Craftory is leading the round with existing investor HCAP also participating.
An estimated 27.4 billion disposable diapers are used annually in the US, resulting in 3.4 million tons of used diapers added to landfills yearly. Scientists estimate a discarded disposable diaper containing plastic takes approximately 450 years to decompose*. This makes diapers as environmentally dangerous as single use plastic bags with similar risks of micro plastics entering the environment.
Not a subscriber?