NewsMarketsLondon CBD Tampon Entrepreneur Launches With Silicon Valley Cash

London CBD Tampon Entrepreneur Launches With Silicon Valley Cash

-

AFTER securing a $5.5m investment British start-up Daye has launched its new Femcare range which features a pain-relieving CBD tampon.

Founded in London by 24-year-old Valentina Milanova Daye, it aims to build a new brand of health products designed ‘with women in mind’.

The start-up’s first product is a newly developed tampon that uses CBD to help tackle period cramps – dysmenorrhea – as an alternative to traditional painkillers. 

Supporting the company are Silicon Valley’s Khosla Ventures,  along with London’s Index Ventures and Kindred Capital. 

TechCrunch say Khosla’s chief-of-staff Kristina Simmons and venture partner Tim Westergren – founder of Pandora – and Hannah Seal, principle at Index, have joined Daye’s board.

Other investors include Sophia Bendz, who is the former global director of Marketing at Spotify.

Valentina, originally from Bulgaria, says CBD content allows for the creation of ‘a protective sleeve over the tampon that prevents fibre loss, decreasing the risk of bacterial vaginal infection or Toxic Shock Syndrome’. 

The start-up’s medical board includes two University of Liverpool professors Ian Buchan and Louise Kenny, and Daye has carried out clinical trials in Bulgaria, supported by the Centre for Applied Science and Innovation at Sofia Medical University. 

Valentina says she first had the idea for a cramp-fighting tampon in 2017 and initially used her salary from a day job, and credit cards, to fund its development.

Peter
Peter
Peter McCusker is an experienced news and business editor, who believes it’s time to fully embrace the multiple, proven, medical benefits of the cannabis plant.

Latest news

MGC Pharmaceuticals Releases Update On CimetrA Clinical Trial Progress In USA

MGC Pharmaceuticals Ltd (ASX, LSE: MXC, ‘MGC Pharma’ or ‘the Company’), a European based bio-pharma company specialising in the production and development...

European Cannabis Stocks Review: Akanda’s ‘Concerned Shareholders’ Oust All Directors Except CEO To Prevent ‘Potentially Irreparable Harm’ – More From Goodbody Health & Chill...

It has been another week of positive developments for the cannabis industry across Europe, with yet more markets making...

Analysis Shows UK Market Could Grow To Over £1bn By 2026 As London Prepares To Host Europe’s Leading Cannabis Conference

ANALYSIS shows UK market could grow to over £1bn by 2026 as London prepares to host Europe’s leading cannabis...

Medical Cannabis Could Be Available In Spain By The End Of The Year

SPAIN could now see the regulation and distribution of medical cannabis rolled out before the end of the year...

New UK Company Heralds Its ‘Unique’ Medical Cannabis Delivery Mechanism

CANNABIS extraction and formulations specialist 113 Botanicals is in the process of securing Good manufacturing Practice (GMP) compliance for...

German Cannabis Bill By Year End With Adult-Use Launch Likely In Early 2024

GERMANY’s draft cannabis law should be ready by the end of the year with the launch of its adult-use...

Must read

You might also likeRELATED
Recommended to you