Sisu raises additional financing for US and British expansion

Company led by Pat Phelan is targeting revenues of €20 million this year

Pat Phelan, chief executive, Sisu: ‘We’re up 42 per cent year-on-year so far in terms of growth.’ Picture: Liam scannell

Sisu, the cosmetic treatments chain co-founded by tech entrepreneur Pat Phelan, has raised $2.5 million in debt financing ahead of a planned large fundraising later this year.

Speaking to the Business Post, Phelan, who set up the business with Brian and James Cotter in 2018, said the debt finance from Western Technology Investment (WTI) would be used by the company to expand operations in Britain and the US.

Sisu, which has now raised close to ...