Portuguese designer and developer of natural toys for children seeks partners under a finance agreement

CommercialPortugalskoBOPT20210125001
Offers
Summary: 
This Portuguese based startup has developed unique toys, made of cork. Toys are functional, educational, fun to play and instigate imagination and creativity while children shape their emotional, social and cognitive identity. The startup now wishes to internalise resources and decrease outsourcing and is seeking partners to enter into a financial agreement.
Description: 
This small Portuguese company has designed and patented a unique collection of eco toys made from sustainably sourced cork. Cork is a natural raw material extracted from the cork oak, through an eco-friendly harvesting process that does not resort to cutting the tree down. The company proposes an innovative approach to the extended usage of one of Portugal’s most valuable natural resources – cork, and cleverly applies cork benefits to the creation of natural toys of minimalist conception that make days funnier and more meaningful, helping children learn important motor, sensory, and cognitive skills. A range of toys that are an alternative for customers choosing ecological, natural parenting. Cork is one of the most natural and sustainable materials known to man. It is lightweight, soft, smooth, hypoallergenic, shock resistant and compostable. Its soft texture and absorption properties also make it compatible with all stages of child development. The brand is established in Portugal and is sold via online platforms in 17 countries, however the aim is to expand further and enable continual innovation and development. To do so, the startup wishes to internalise resources, evolve skill set and boost its R&D talent. The company is seeking a financial agreement with investment partners to fund a production unit headquartered in Portugal, in order to insource the entire production process of cork toys (from design to packaging), retain control of this process in-house, scale up, boost productivity and increase their business growth curve.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought: 
The company looking for a partner who would provide investment or other financing to support the construction of a production unit located in Portugal. It is expected that the partnership will take the form of a financial agreement.
Stage of Development: 
Already on the market
IPR Status: 
Trade Marks,Other
Comments Regarding IPR Status: 
CE certification by SGS – Société Générale de Surveillance. Other mechanical tests by the Portuguese Technological Centre for the Metalworking Industry (CATIM)
External code: 
BOPT20210125001