Amsterdam-based Smyle, a company that offers toothpaste tabs, among other things, without using plastic tubes, microplastics and other chemicals, announced on Tuesday, November 1, that it has raised more than €1M in sharefunding.
Smyle has developed a loyal community that actively offers comments, participates in product development, and offers fresh ideas. Additionally, the startup successfully executed a sharefund campaign using that community on the Broccoli sharefund platform, during which a record-breaking 1441 individuals purchased Smyle shares. The company thus raised €1,156,660, money with which it can now continue to grow.
In a statement translated from Dutch, Smyle co-founder Dennis Kamst says, “We are extremely grateful that our community is supporting us and going on a journey with us! Together we will change oral care sustainably!”
Thoughtfully sustainable and effective
Every year, 1.5 billion plastic toothpaste tubes end up in our landfills and oceans. These tubes do not dissolve and cannot be recycled. Additionally, we brush our teeth twice a day with microplastics, foaming agents like SLS, preservatives, dyes, and many other harsh chemical additives. This is what Smyle is aiming to change.