Wednesday, November 13, 2024
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Simba: Raises $24M from Cartesian Capital Group

Simba: Raises $24M from Cartesian Capital Group

  • Simba, a London, UK-based sleep technology company, raised $24m in funding
  • The financial injection came from Cartesian Capital Group
  • Then the company intends to use the funds to expand its business reach in core markets
  • Led by Steve Reid, CEO, Simba is an online sleep brand selling mattresses and other related products
  • It is operational in nine countries across Europe, Asia, and North America
  • Having launched in February 2016, in less than 4 years high-tech, the company has achieved sales of 750,000+ sleep products worldwide

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