sex parties – the British government has taken a stake in the sex party company Killing Kittens, says the British Business Bank to CNN. Originally, the company had received a loan to stay afloat during the corona crisis, but that has now been converted into an equity interest. How many shares the British taxpayer owns is not clear.
Killing Kittens was founded in 2005 and organizes parties for adults in London and New York. The events do not specifically focus on women, but women are allowed to determine what happens.
In 2020, the company received a loan from the British government through the Future Fund to survive the corona pandemic. Organizing events with a lot of physical contact was not an option at that time.
government invests in company that organizes sex parties
The company did organize online activities during that period and made a dating app that is still used today. During the pandemic, the number of visitors to the Killing Kittens website quadrupled.
The loan that the fund provided in 2020 has since been converted into an equity interest. How big that interest is, the British Business Bank does not want to say. A spokesperson does tell CNN that Killing Kittens has “all the criteria for an investment”.
“The Future Fund has used a standard set of criteria for all its investments to make the process as easy as possible without lengthy negotiations,” the spokesperson said.
At the end of March, the fund had a stake in 337 companies.
Killing Kittens did not yet respond to the investment.
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