Killing Kittens, the UK-based sex party planner backed by the government, is embarking on a bold global expansion, raising funds to develop new services and solidify its position as a leader in the premium adult market. The company's ambitious plans include launching events in major cities worldwide, introducing a permanent venue, and even venturing into the cruise ship and gay male markets.

Revolutionizing the "Sexscape" with a Premium Adult Ecosystem

Scaling Globally and Unifying the Premium Adult Market

Killing Kittens, the company behind the popular sex party brand, is uniquely positioned to capitalize on the growing demand for "meaningful in-person connections" as society shifts back to post-pandemic normalcy. The group aims to "scale globally and unify a premium adult market that currently lacks a true leader," according to an investor presentation obtained by the Financial Times.The company's expansion plans include launching new events in major cities such as New York, Los Angeles, Lisbon, Venice, and Paris, in addition to its existing presence in London. This global footprint will allow Killing Kittens to reach a wider audience and solidify its position as a dominant player in the premium adult market.

Diversifying into Cruise Ship Tours and a Gay Male Venture

Killing Kittens is not content with just expanding its geographic reach; the company is also exploring new avenues to diversify its offerings. One such venture is the introduction of sex party cruises, with the maiden voyage planned for 2026. The company has already generated £350,000 in room revenues in the first eight weeks of sales for this new venture.Additionally, the group has recently launched a new initiative called "KK Homme," which will cater to the gay and bisexual male market. This expansion into the LGBTQ+ community demonstrates Killing Kittens' commitment to serving a diverse range of adult interests and preferences.

Establishing a Dedicated Venue and Driving New Revenues

Alongside its global expansion and diversification efforts, Killing Kittens is also seeking to establish its first dedicated venue in London. This permanent location will not only reduce operational costs but also provide a platform to drive new revenue streams for the company.The investor presentation suggests that the group is "a prime acquisition target for larger companies looking to diversify their portfolios," indicating that the company's growth and success may attract the attention of larger industry players. Additionally, the group is exploring the possibility of a public listing on a smaller exchange, such as AIM, to provide an exit opportunity for its investors in the future.

Leveraging Technology and Tapping into the "Sexscape Niche"

Killing Kittens has already made strides in the digital realm, having launched a dating app called "Wax" that is being used by "hundreds of thousands" of people as a social media platform. The company estimates that the "sexscape niche" in the dating market is worth around $345 million, highlighting the significant potential for growth in this segment.The group's investor presentation also reveals that it has more than 250,000 members for its services and over 12,000 people attend its events each year. However, with almost 90% of its revenues coming from the UK, the company is now focused on expanding its global footprint to capitalize on the untapped potential in international markets.

Government Backing and the Future Fund's Mixed Success

The Financial Times previously reported that the UK government, through its Future Fund investment scheme, has become a partial owner of Killing Kittens. This government backing, designed to support British tech-focused startups during the pandemic, has had a mixed track record, with about 286 of the 1,192 businesses backed declared insolvent, resulting in a loss of £241 million for the government.Despite this, the Future Fund has also generated £76 million from 74 corporate exits, demonstrating the potential for successful investments in innovative and disruptive companies like Killing Kittens. The government's involvement in the sex party planner's growth and expansion plans underscores the evolving attitudes towards the adult industry and the recognition of its commercial potential.As Killing Kittens embarks on its ambitious global expansion, the company's ability to navigate the complexities of the premium adult market and capitalize on emerging trends will be crucial to its continued success. With a diverse range of offerings, a strong digital presence, and the backing of the UK government, Killing Kittens is poised to redefine the boundaries of the "sexscape" and solidify its position as a leader in the premium adult ecosystem.