A business which throws sex parties has recieved more than $33,000 from the British government as part of its' COVID-19 recovery response.
Killing Kittens, which organises women-led adult events in London and New York, confirmed it had been granted a $333,463.50 investment as part of the government's Future Fund, designed to help startups during the pandemic.
If the loan is not repaid it will convert into equity, giving the government a 1.47 percent stake in the company, reports The Economist.
The Future Fund issues loans to "innovative" UK companies with "good potential" according to the British Business Bank website.
Killing Kittens chief executive Emma Sayle says her business is "the fastest growing adult social network in the world".
The business has 180,000 members across 12 countries, and recorded a 330 percent increase in web traffic during coronavirus lockdowns, reports CNN.
As the global health crisis forced all Killing Kittens events and workshops online Sayle says plans to enter the sex tech industry have been fast tracked.
Sex tech is a fast growing sector which encompasses products focused on enhancing sexual experiences.
The government money will be spent on marketing and product innovation, including a dating app which Sayle wants to compete against other apps such as Bumble and Match.com.
