The Humble Co. raises capital investment from Verdane.

The Humble Co., a Sundbyberg, Sweden-based company manufacturing innovative products for the health industry, announced securing capital investment from Verdane Capital.

The financial details of the transaction remain undisclosed and the capital will be used to accelerate the company's growth internatiionally.

The Humble Co., founded in 2014 by CEO Noel Abdayem, designs and markets eco-friendly personal hygiene products, such as eco-friendly toothbrushes. The company reached a turnover of 2.2 million Euros in 2017 and is expected to reach over 6 million Euros in turnover in 2018.

The company’s products are sold in more than 20 countries with the largest markets being Germany, Sweden and Norway. In addition to the Humble Brush, a toothbrush made from bamboo, The Humble Co. has developed natural toothpaste and natural chewing gum, and is looking to further broaden its product portfolio of eco-friendly personal hygiene products.