Wool sticking plaster maker raises $1.5m

Wool+Aid's merino bandages (Image: Supplied)

Thu, 22 Jul 2021

Tekapo start-up Wool+Aid has raised $1.5 million from investors to fund the growth of its merino wool bandages and sticking plaster business.Ethical KiwiSaver provider Pathfinder has invested $200,000 in the growing company, which has recently hired My Food Bag alumnus Louise Cunningham as chief executive.Cunningham was the meal-kit company’s chief marketing and customer officer before resigning in May to lead Wool+Aid’s expansion.Head of investment at Pathfinder, Paul Brownsey, said the wool product was “unique and a potentia...

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