In the United Kingdom, bamboo-based toilet tissue firm The Cheeky Panda has raised £375,000 (USD488,633) from nearly 100 investors in an equity crowdfunding campaign on Seedrs.
“While the major toilet tissue manufactures have focused on tree pulp, Bamboo is more skin friendly, luxurious alternative that is more sustainable and costs the same,” according to the company.
Formed in 2016 by Chris Forbes and Julie Chen, The Cheeky Panda says its tissues are naturally antibacterial, antifungal, hyperallergeric and odor-resistant. The company also notes that bamboo grows 30 times faster than trees.