Milestone

Cantabrian cosmetics startup Banbu tops €1.5M in revenue and raises €120K in five hours via Goparity

What's the deal? BanbuDealroom has a profile for this one. Try Dealroom →, a natural cosmetics brand based in Cantabria, closed 2025 with more than €1.5 million in revenue. That is 70% more than the year before. The company expects to pass €2 million in 2026. In May 2026 it also filled a €120,000 crowdlending campaign on Goparity in about five hours, backed by 536 investors from ten European countries.

Context Banbu was founded by Verónica Díez and Rodrigo Folgueira. It makes vegan, water-free personal care products without endocrine disruptors, sold in low-waste packaging. It offers more than 130 products through over 300 distributors and its own e-commerce site, and has stores in Bilbao, Barcelona and San Sebastián. The new funds will go into inventory, marketing and growth. Its priority markets for European expansion are Portugal, Germany, France and Italy.

Source El Diario Montañés, 10 May 2026; El Candelero Tecnológico, 26 May 2026

More top stories