Cosmetics/Beauty Investment & M&A Data Set
Business deals in the cosmetics and beauty industries are flourishing as companies seek to expand their market reach, innovate, and stay competitive in a rapidly evolving landscape. Mergers and acquisitions have become a key strategy, with major conglomerates acquiring indie and niche brands to tap into new customer segments and capitalize on emerging demands for clean beauty and inclusivity. At the same time, partnerships between beauty brands and influencers or celebrities are also common, leveraging their massive social media followings to drive brand visibility and sales.
Against this background, private equity and venture capital firms are increasingly investing in up-and-coming beauty startups, attracted by their potential for exponential growth and disruptive market impact. Meanwhile, cross-industry collaborations, such as partnerships between beauty brands and technology companies, are fueling innovation, particularly in personalized skincare and virtual try-on solutions. These deals reflect the industry’s dynamic nature and its constant push to adapt and thrive in a competitive global market.
With the foregoing in mind, here is a tracker of the most recent cosmetics and beauty M&A and investments …
Mar. 24, 2026 – Nopalera Raises $4M in New Round
Nopalera has raised $4 million in funding led by Morgan Stanley’s Next Level Fund and co-led by L’ATTITUDE Ventures. Founded in 2020, the brand offers fragrance, hair care, and body products rooted in Mexican culture. The company has expanded into major retailers including Ulta Beauty, Credo, Mecca, and Amazon, building a strong presence in premium beauty.
“This new round will allow us to meet the expansion opportunities in front of us,” said founder Sandra Velasquez. The funding will support retail growth and new product development as the brand scales globally.
Mar. 23, 2026 – Advent International Acquires Majority Stake in Salt & Stone
Advent International has agreed to acquire a majority stake in Salt & Stone, a fast-growing Los Angeles-based body care brand. Financial terms were not disclosed. Founded in 2017, the brand generated $165 million in revenue in 2025 and has seen strong growth across DTC, wholesale, and retail channels including Sephora and Amazon. Its positioning blends clean body care with fragrance and wellness.
“We are doing incredibly in all channels … the business is on fire right now,” said founder Nima Jalali. The deal will support international expansion and continued category growth.
Mar. 17, 2026 – JiYu Raises $6.5M in New Funds
Korean skincare brand JiYu has raised $6.5 million in growth funding to support expansion across North America and accelerate clinical product development. The round included private investors and strategic beauty partners. The brand, known for science-backed formulations developed in South Korea, is projecting over $70 million in annual revenue in 2026, driven by rapid growth across channels including Amazon and TikTok Shop.
JiYu plans to use the funding to deepen investment in clinical dermatology research and scale its presence in the U.S., focusing on evidence-based skincare and ingredient transparency.
Mar. 10, 2026 – Perfumer H Secures £3.4M Investment
Niche fragrance brand Perfumer H has secured a £3.4 million ($4.5 million) investment from Elixir 1 Investment, led by former Aesop CEO Michael O’Keeffe, and Ilyos Capital, headed by former Aesop general manager Thomas Buisson. The investment also involved buying out the minority stake previously held by Natura & Co’s venture arm, Fable Investments. Founded in 2015, Perfumer H is known for artisanal fragrances and home products presented in hand-blown glass vessels. The brand reported 30% revenue growth in 2025 and expects to surpass $20 million in annual revenue by April 2026.
The new capital will support global retail expansion, wholesale growth, and product development as the brand scales its presence in international markets.
Mar. 4, 2026 – Shellworks Raises $15M to Scale Plastic-Free Beauty Packaging
UK startup Shellworks has raised $15 million in Series A funding to scale production of Vivomer, its 100% compostable alternative to plastic used in beauty packaging. The round was led by Alter Equity, with participation from Nat Friedman, JamJar, and existing investors Founder Collective, LocalGlobe, and Third Sphere.
Vivomer, a biopolymer created through microbial fermentation, can be used to produce rigid or flexible packaging and fully biodegrades within about a year. Beauty brands including Unilever’s Wild, Hair by Sam McKnight, Wildsmith, and Sonsie are already using the material.
Mar. 3, 2026 – KYT Group Acquires Glo Skin Beauty
KYT Group has acquired professional skincare brand Glo Skin Beauty, a clinically focused brand with more than 25 years of heritage. Financial terms were not disclosed. Founded in Denver by a plastic surgeon, Glo Skin Beauty develops corrective skincare, chemical peels, and mineral makeup designed for sensitive skin. The brand is sold online and through professional partners in 19 countries.
KYT plans to strengthen Glo’s professional ecosystem and expand access to clinically proven skincare backed by dermatology and in-clinic expertise.
Mar. 3, 2026 – RAS Luxury Skincare Raises $7.5M Series B
Indian farm-to-face brand RAS Luxury Skincare has raised $7.5 million in a Series B round led by Dabur Ventures, with participation from Unilever Ventures and existing investors including Amazon Smbhav Venture Fund and Sixth Sense Ventures. Founded by Shubhika, Suramya, and Sageeta Jain, the brand focuses on plant-based luxury skincare using farm-grown botanicals.
The funding will support omnichannel expansion, R&D in botanical actives, and brand building as RAS aims to scale globally as a premium Indian skincare brand.
Mar. 2, 2026 – Starface Raises $105M Minority Investment
Gen Z skincare brand Starface has raised $105 million in a minority funding round led by Astō Consumer Partners and Align Ventures. Founders Julie Schott and Brian Bordainick will retain control of the company. Founded in 2019, Starface is best known for its star-shaped Hydro-Stars acne patches and is sold in more than 20,000 retail locations across North America and the UK. The company became profitable in 2023 and is expected to generate close to $150 million in revenue in 2026.
Feb. 19, 2026 – Solabia to Acquire Mibelle Biochemistry
Solabia Group has agreed to acquire Swiss ingredient innovator Mibelle Biochemistry from Persán, strengthening its position in the cosmetics and nutraceutical ingredients markets. Financial terms were not disclosed. Founded in 1991, Mibelle Biochemistry develops science-backed active ingredients for skin care, hair care, healthy aging, and cognitive support, with distribution in more than 50 countries.
The acquisition brings together two biotechnology-driven companies and aims to expand Solabia’s global reach while broadening its portfolio of natural and high-performance ingredients.
Feb. 4, 2026 – AI-Powered Fragrance Startup Osmo Raises $70M Series B
Osmo, an AI-driven fragrance technology company, has raised $70 million in Series B funding as investor interest in artificial intelligence and fragrance innovation continues into 2026. The round was led by Two Sigma Ventures, with participation from Alumni Ventures and Stripe co-founder and CEO Patrick Collison.
Founded in 2023 by CEO Alex Wiltschko, Osmo is building what it calls “olfactory intelligence,” using AI to digitize scent and accelerate fragrance development for both indie brands and large consumer goods companies. The company argues the traditional fragrance industry is slow and inefficient at a time when cultural trends and consumer preferences are shifting rapidly.
“What we found missing in the fragrance industry writ large is agility,” said Wiltschko. “It matters for indie brands who have to move fast or they die and for multinational CPGs that are losing share to those brands.”
Feb. 3, 2026 – L’Oréal BOLD and Unilever Ventures Back Live Tinted
Hybrid makeup and skincare brand Live Tinted has secured fresh funding from a group of high-profile investors, including L’Oréal’s venture arm BOLD, Unilever Ventures, and Monogram Capital. The round was led by Curate Capital and included continued support from early backers Bobbi Brown, Toni Ko, and Hayley Barna.
Founded by Deepica Mutyala in 2018, Live Tinted has become known for inclusive innovation, with products like the Hueguard Skin Tint SPF 50 combining complexion care with broad-spectrum sun protection. The brand sold over 1 million units in 2025 and is one of the first South Asian–founded companies to launch in Ulta Beauty.
The funding will support global retail expansion, spearheaded by new SVP of Sales Celina Areosa, formerly of Anastasia Beverly Hills and Benefit Cosmetics. Mutyala emphasized the brand’s mission: “We’ve built beauty that works across all skin tones, with complexion and sun protection at the core, without compromise.”
Jan. 29, 2026 – Ares Leads $1.6B Debt Financing for Suave-Elida Merger
Ares Management has led $1.6 billion in debt financing to support the merger of Suave Brands Company and Elida Beauty, two Yellow Wood Partners portfolio companies. The combined entity, Evermark, will operate as a global personal care platform featuring brands such as Suave, Q-tips, ChapStick, Pond’s, Caress, St. Ives, Noxzema, and TIGI.
Ares Credit funds acted as administrative agent for the financing. “Evermark brings together two major personal care companies with strong household brands,” said Karen De Castro, Partner at Ares Credit. “This transaction reflects our confidence in the platform and the strength of our consumer vertical.”
The merger aims to enhance product quality, innovation, and brand accessibility. Yellow Wood’s Tad Yanagi said the financing supports Evermark’s strategic growth and launch.
Jan. 15, 2026 – Secret Alchemist Raises $3M in New Funds
India-based clean fragrance brand Secret Alchemist has raised $3 million in a funding round led by Unilever Ventures, with participation from DSG Consumer Partners. The round included $2.5 million in primary capital and secondary share sales from early angel investors.
Backed by actress Samantha Ruth Prabhu, Secret Alchemist plans to use the funds to support market expansion and scale its presence in the fast-growing clean beauty and fragrance space. The investment highlights continued global interest in mass-premium, founder-led brands emerging from India.
Jan. 14, 2026 – Dazzl Raises $3.2M Seed Round
Bengaluru-based beauty and wellness startup Dazzl has raised $3.2 million in seed funding led by Stellaris Venture Partners, with participation from prominent operators and founders including Ritesh Agarwal, Maninder Gulati, Abhinav Sinha, Sameer Brij Verma, and Abhishek Bansal. Founded by Komal Solanki and Ashish Bajpai, Dazzl offers rapid, on-demand beauty services, such as blow-dries, pedicures, and head massages, delivered to customers’ homes in under 10 minutes. The vertically integrated platform handles everything from professional training to supply chain operations.
The funding will support Dazzl’s expansion across Bengaluru, validate its hyperlocal quick-commerce model, and build scalable tech and training systems ahead of a broader rollout.
Jan. 6, 2026 – Kiss Beauty Group Acquires Chillhouse
Kiss Beauty Group has acquired Chillhouse, the cult-favorite beauty brand known for its SoHo flagship and press-on nail line Chill Tips. While now under the ownership of the global beauty conglomerate, Chillhouse will continue to operate independently with its existing leadership, brand identity, and experiential presence in New York. Founded by Cyndi Ramirez-Fulton in 2017, Chillhouse has evolved from a downtown self-care destination into a multi-category beauty brand with a devoted community and growing product line. The acquisition provides the brand with access to Kiss Beauty Group’s scale, infrastructure, and global retail network.
“Chillhouse has built something truly distinctive in nail care, a brand with cultural credibility, creative design leadership, and a deeply engaged consumer community,” said J. Paul Yang, Chief Strategy Officer at Kiss Beauty Group. “Together, we see a powerful opportunity to accelerate innovation, expand omni-channel access, and help shape the future of modern nail care.”
2025
Dec. 16, 2025 – YSE Beauty Raises $15M Series A
YSE Beauty, the skincare brand founded by entrepreneur and actress Molly Sims, has closed a $15 million Series A funding round led by Silas Capital, with participation from L Catterton and existing investors. The investment will support product innovation, team expansion, and omnichannel growth as the brand continues to scale its presence in the prestige beauty space.
Launched with a focus on delivering clinically backed, glow-boosting skincare, YSE Beauty has gained traction for its accessible yet luxurious approach to skin health. The Series A marks a key milestone in the brand’s next phase of growth.
“We’ve always been about delivering real results with real transparency,” said Sims. “This funding allows us to invest in the science, storytelling, and service that power the YSE experience.”
Dec. 4, 2025 – Innerskin Raises $15M in New Round
Aesthetic wellness brand Innerskin has raised $15 million in a new round led by Iris Ventures, with participation from existing backer Label Capital. The funding will support rapid clinic expansion across the U.K. and Europe, with 8–12 new openings planned annually.
Founded in 2020 by Chrystelle Eid, Innerskin has scaled to 19 clinics in France, offering personalized, noninvasive treatments and a proprietary line of medical-grade skincare. The brand is part of a growing “undetectable beauty” movement focused on enhancing, not altering, natural features. “This raise is pivotal,” Eid said. “Iris brings the strategic expertise we need to lead in premium, accessible aesthetics across Europe.”
Dec. 4, 2025 – Goodai Global Acquires Skinfood for $108M
Goodai Global, backed by Seoul-based The Hahm Partners, has acquired legacy Korean beauty brand Skinfood from Pine Tree in a deal valued at approximately 150 billion won ($108 million). Founded in 2004, Skinfood is known for its ingredient-driven skincare, with formulations centered on food-based actives like black sugar, honey, and rice. The brand has seen renewed consumer interest amid a broader resurgence of early K-beauty pioneers.
The deal marks a strategic move by Goodai to revitalize and scale heritage beauty brands with strong global recognition. It also underscores The Hahm Partners’ ongoing push into consumer health and wellness through brand-led platforms.
Dec. 1, 2025 – LVMH Luxury Ventures Takes Minority Stake in BDK Parfums
BDK Parfums has welcomed a minority investment from LVMH’s Luxury Ventures arm as it accelerates global expansion and product innovation. Founded in 2016 by David Benedek, the Paris-based fragrance house has emerged as a leader in the fast-growing niche perfume segment, with a 45% year-over-year sales increase and a presence in 45 countries.
This marks the first time BDK has brought on outside capital. The funds will support retail development (beginning with a Dubai store in 2026), broaden distribution in markets like Asia and the Middle East, and expand the brand’s product offering, which currently includes 23 genderless perfumes, candles, and home scents.
“The idea of this minority stake was to be able to develop the brand,” said Benedek. “I was looking for a specialized partner, not just someone focused on immediate profitability, but one that understands the long-term vision.”
Nov. 25, 2025 – Monogram Capital Takes Majority Stake in Luckyscent
Monogram Capital Partners has acquired a majority interest in Luckyscent, the Los Angeles-based niche fragrance retailer behind Scent Bar and a robust online platform. Founders Adam Eastwood and Franco Wright will remain at the helm as the business enters its next phase of growth under new ownership. Founded in 2002, Luckyscent has become a destination for fragrance discovery, known for its curated selection of independent brands and a sampling model that encourages exploration.
The deal will support retail expansion and the development of proprietary product lines, positioning Luckyscent to scale its footprint while deepening its brand authority in the niche fragrance space.
Nov. 18, 2025 – Estée Lauder Takes Minority Stake in XINU
The Estée Lauder Companies (NYSE: EL) has announced a minority investment in XINU, a Mexican luxury fragrance house known for its sensorial approach to scent, sustainable design, and storytelling rooted in Latin American heritage. The deal marks Estée Lauder’s first investment in a Latin American brand, made through its early-stage innovation arm, New Incubation Ventures (NIV). Founded in 2017, XINU blends craftsmanship, culture, and contemporary luxury across its products and retail experiences. The brand was co-founded by Veronica Peña, Ignacio Cadena, and Héctor Esrawe, who bring expertise in scent creation, concept design, and industrial design, respectively.
“XINU redefines contemporary luxury through authenticity, artistry, and storytelling,” said Stéphane de La Faverie, President and CEO of The Estée Lauder Companies. “As a minority investor, we are proud to support XINU as it shares the rich creativity of Mexico and Latin America with the world.”
Nov. 17, 2025 – L’Oréal Takes Stake in Lan
L’Oréal has acquired a minority stake in Chinese mass-market skincare brand Lan, signaling continued investment in the region’s growing beauty market. The move comes shortly after L’Oréal’s $62 million acquisition of a 6.67% stake in Chando, disclosed during the brand’s Hong Kong IPO. Details of the Lan stake were not disclosed, but the investment underscores L’Oréal’s strategy to deepen its presence in China. The group reported a 3% uptick in its China business in Q3, its first growth in the market in two years.
“This investment reinforces our long-term confidence in the Chinese beauty landscape and its evolving consumer,” said L’Oréal CEO Nicolas Hieronimus.
Nov. 13, 2025 – JOD Finalizes First Fundraising Round at €5M Valuation
French natural skincare brand JOD has closed its first fundraising round at a €5 million valuation to support rapid growth. Founded in late 2023 by Olivia Bordeaux-Groult, JOD offers preservative-free skincare in stick format, designed for modern, on-the-go routines. The round brings together high-profile investors from the beauty, tech, and brand development sectors, including Didier and Marie Tabary (Kresk Développement, ex-Filorga), Nicolas Geiger (L’Occitane), Jacques Veyrat (Impala, Augustinus Bader), Marc Ménasé (Founders Future), and Adrien Dassault (MAD Advising).
“This operation brings on board renowned investors from the beauty, tech, and brand development sectors,” said Bordeaux-Groult. “It’s a strong vote of confidence in our mission to create a skincare format that matches the pace and values of real women today.”
Nov. 5, 2025 – Sweet Chemistry raises $1M in Seed
Sweet Chemistry Skincare has raised $1 million in seed funding as investor interest intensifies around biotech-backed beauty. Led by Sandbridge Capital, the round also includes Manica Blain, Kevin Murphy, Michelle Miller, and Charles Chase, underscoring growing demand for science-powered brands with consumer resonance. The brand’s proprietary technology, Matrikynes, is a next-gen polypeptide complex derived from over ten years of regenerative medicine research by parent company Xylyx Bio.
CEO and co-founder Alec Batis, a chemist turned beauty marketer with experience at L’Oréal and Nars, is focused on bridging complex bioscience with accessible, results-driven storytelling. “Sweet Chemistry is a brand that distills advanced science into skincare that feels personal, potent, and easy to understand,” said investor Kevin Murphy.
Nov. 3, 2025 – Goddess Maintenance Co. Raises “Multi-Million-Dollar” Round
Biotech beauty brand Goddess Maintenance Co. has landed a “multi-million-dollar” investment from Iris Ventures to expand its salon-first, science-powered approach to hair care. The funding will accelerate global growth, boost product development, and deepen partnerships with professional stylists. Launched in April 2025, Goddess created the BioProtection category with its proprietary Goddess molecule, a vegan, spider silk-inspired polypeptide developed in partnership with biomaterials company Bolt.
Co-founded by sisters Lauren Vesler and Manda Mason, also behind The W Nail Bar, alongside former Olaplex and K18 execs Edward Connaghan and Denise Russell, Goddess aims to redefine professional hair care with sustainable, stylist-first innovation.
“With its proprietary molecule, deep stylist-first approach and global ambition, Goddess is delivering a true breakthrough that bridges the gap between repair and maintenance,” said Iris Ventures’ Montse Suarez. “It’s transforming how we think about long-term hair health.”
Oct. 28, 2025 – Bodycare Acquired Charles Denton
Bodycare, the long-standing UK beauty retailer, has been acquired out of administration by an investment group led by Charles Denton, former CEO of The Body Shop and Molton Brown. The rescue deal includes the brand and IP, with plans to relaunch 30–50 stores starting in early 2026, beginning in the North West. Once operating nearly 150 locations, Bodycare entered administration in September 2025, ultimately shuttering all stores by month’s end. Interpath Advisory managed the process, citing the business’s unsustainable position.
Under its new ownership, Bodycare will aim to re-establish itself as a go-to destination for affordable personal care products. The relaunch strategy includes re-engaging landlords, suppliers, and former staff, with several hundred jobs expected to return.
“We now have the mandate to bring stores and jobs back by transforming Bodycare’s rich legacy into a modern, scalable and profitable business,” said Denton.
Oct. 28, 2025 – KilgourMD Raises $5M in New Round
KilgourMD, a scalp care brand addressing hair loss in menopausal women, has raised $5 million in funding to expand its product line and infrastructure. The round was led by Willow Growth Partners with participation from Joyance Partners and Able Partners. Deborah Benton, founder of Willow, will join the brand’s board.
Founded in 2024 by dermatologist and clinical researcher Dr. James Kilgour, the brand focuses on preventative, scalp-first solutions for hair loss, a space he identified as critically underserved in his medical practice. “Healthy hair growth is a product of a healthy scalp,” Kilgour says. “Women, especially those in menopause, have been overlooked in this category.”
KilgourMD currently offers two serums, priced at $89, and has built a profitable, multi-million-dollar business with minimal prior funding. With 55% retention over 90 days and strong subscriber growth, the brand plans to invest in R&D, expand its team, and build a personalized care platform powered by AI and data analytics. “The vision is to pioneer this sector of skin care,” Kilgour says.
Oct. 23, 2025 – Hanni Raises $2M in New Round
Bodycare brand Hanni has secured $2 million in new funding to fuel its expansion within Sephora, reinforcing a strategy of deep retail focus. Founded in 2021 by Leslie Tessler, Hanni evolved from a shaving-centric startup into a full bodycare line rooted in customer feedback and a desire to make everyday rituals feel luxurious. The round, led by Melitas Ventures with support from Cult Capital and Rodeo GP, brings Hanni’s total funding to $9 million.
“The name of the game with this raise is hyperfocus,” Tessler said, emphasizing the brand’s intentional decision to prioritize Sephora growth over chasing distractions. Melitas Ventures’ Alex Malamatinas added, “Hanni is building a beautiful brand that is distinctive, stands out and resonates with consumers.”
Hanni’s indulgent-yet-practical products are sold at Sephora and on Amazon, with every formula crafted to soften skin and elevate the bodycare experience.
Oct. 19, 2025 – Kering to Sell Beauty Arm to L’Oréal
In a bold strategic pivot under new CEO Luca de Meo, luxury powerhouse Kering has agreed to sell its beauty division to L’Oréal for €4 billion ($4.66 billion). The sale includes premium fragrance brand Creed, acquired by Kering in 2023 for €3.5 billion, as well as 50-year licenses to develop beauty products for Bottega Veneta, Balenciaga, and eventually Gucci, once the current Coty deal expires.
Building on their successful collaboration with Yves Saint Laurent Beauté, the two French powerhouses are aligning Kering’s luxury brand equity with L’Oréal’s global beauty expertise to unlock growth across prestige categories. Creed, known for its artisanal craftsmanship and rare ingredients, will join L’Oréal Luxe, primed for accelerated global expansion.
The deal also includes plans for a 50/50 joint venture focused on luxury wellness and longevity, combining L’Oréal’s innovation with Kering’s high-end consumer insight to pioneer new experiences in a fast-emerging space.
The transaction, subject to regulatory approvals and French labor law provisions, is expected to close in the first half of 2026.
Oct. 14, 2025 – Unilever Sells Kate Somerville to Rare Beauty Brands
Unilever has announced the sale of Kate Somerville, its clinical skincare brand, to Rare Beauty Brands, marking a new chapter for the Los Angeles-based line known for its results-driven treatments and Melrose Place clinic. The deal includes Kate Somerville’s full product portfolio, ranging from cult favorites like ExfoliKate Intensive to its Glow Moisturiser, as well as the brand’s flagship skincare clinic.
Mary Carmen Gasco-Buisson, CEO of Unilever Prestige, noted the brand’s recent turnaround efforts and expressed confidence in Rare Beauty Brands’ ability to support its future growth.
Rare Beauty Brands CEO Chris Hobson called the acquisition a “significant milestone,” praising Kate Somerville’s innovation and alignment with RBB’s mission to scale inspiring, efficacious skincare brands. The move positions Kate Somerville for renewed momentum under more focused, entrepreneurial ownership.
Oct. 13, 2025 – Tiptoe Secures $1.45M in Pre-Series A
Fruitful, the parent company of cult-favorite color cosmetics label Tiptoe, has raised $1.45 million in pre-Series A funding with participation from Schmidt, KD&J Partners, and beauty giant Amorepacific. Known for its pastel packaging and playful lip products, Tiptoe has built a loyal following via South Korea’s top beauty retailer, Olive Young, and its own e-commerce platform.
With fresh capital in hand, Fruitful plans to expand its retail presence and make its first foray into the Japanese market. The deal highlights growing VC appetite in the K-beauty space—not just in skincare and color cosmetics, but also in emerging platforms like hair-focused co-working studios, such as those run by LiveX. As Korean beauty brands eye global audiences, investors are widening their lens on what the future of beauty looks like.
Oct. 1, 2025 – Givaudan to Acquire Belle Aire Creations
Swiss fragrance and beauty giant Givaudan has announced plans to acquire Belle Aire Creations, a family-founded U.S. fragrance house known for its agile scent development and strong regional client relationships. Headquartered in Libertyville, Illinois, Belle Aire Creations was founded in 1982 and has become a key player in serving North American customers.
“With Belle Aire Creations, we will further strengthen our offering for local and regional customers in North America where we know there is still significant potential,” said Maurizio Volpi, President of Fragrance & Beauty at Givaudan. “This acquisition will allow us to combine our global creative resources with Belle Aire Creations’ deep regional expertise to deliver winning solutions for our customers.”
The deal, expected to close by early 2026, is set to contribute an estimated CHF 65 million in incremental sales on a pro forma basis. Stacey David will remain at the helm of Belle Aire Creations following the acquisition.
Sept. 30, 2025 – Society Brands Acquires Crunchi
Society Brands has announced its acquisition of Crunchi, a fast-growing clean beauty brand known for its high-performance cosmetics and skincare rooted in ingredient transparency and sustainability. Founded by Kelly Kreusler and Melanie Petschke, APRN, FNP-BC, Crunchi has built a loyal following through its 100% direct-to-consumer model and a robust micro-influencer advocate network.
The partnership marks a significant step for Society Brands as it expands its portfolio of health, wellness, and personal care companies. “Crunchi represents everything we look for in a brand,” said Michael Sirpilla, CEO of Society Brands. “We’re excited to help scale their mission with added resources and support.”
For Crunchi, the move enables growth without compromise. “This partnership lets us expand while staying true to our values of health, sustainability, and performance,” said co-founder Melanie Petschke.
Sept. 30, 2025 – RAFIQ Raises $11.1M Series B
Korean beauty tech startup RAFIQ has secured $11.1 million (KRW 15 billion) in Series B funding led by Kolon Investment, with backing from Hana Ventures, Wonik Investment Partners, Ubiquoss Investment, and IBK Venture Investment. The round brings RAFIQ’s total funding to $15.3 million (KRW 20.7 billion).
Founded in 2017, RAFIQ specializes in upcycled and plant-based cosmetic raw materials through proprietary technologies like SofTech™, SoftFerm™, Upcycling Beauty™, and Upcycle Exosome™. The company works across ODM, regional-specialty formulations, and its in-house brand Plenty Plant, while collaborating closely with rising K-beauty indie brands.
“In the K-beauty market, the core of differentiation lies in technology,” said Cho Hong-soo, Director at Kolon Investment. “RAFIQ possesses formulation expertise that elevates the visual and functional appeal of cosmetic ingredients.”
Sept. 16, 2025 – OSEA Malibu Secures Strategic Investment
OSEA Malibu, the pioneering seaweed-infused skincare brand, has announced a strategic growth investment from global investor General Atlantic. The partnership marks a major milestone for the clean beauty leader as it prepares to scale globally while staying rooted in its mission of wellness, sustainability, and clinically proven skincare. Co-founders Jenefer and Melissa Palmer will retain a significant stake and continue leading day-to-day operations.
The investment will help OSEA deepen its presence in key markets, expand internationally, and accelerate product innovation, building on the success of its cult-favorite Undaria Algae Body Oil and prestige body care range.
“OSEA is a rare brand that blends heritage, innovation, and integrity,” said General Atlantic Managing Director Andrew Ferrer. “We’re proud to support its next chapter of growth in clean beauty.”
Sept. 16, 2025 – Cos Bar Acquired by Mitchell Family Office
Cos Bar, the iconic luxury multi-brand beauty retailer founded in Aspen in 1976, has been acquired by Michigan-based Mitchell Family Office (“MFO”) for an undisclosed amount. Known for its curated selection of prestige beauty brands and white-glove service, Cos Bar is poised to expand its national footprint and elevate its omni-channel offerings as it approaches its 50th anniversary.
“MFO is the ideal partner for Cos Bar’s next chapter,” said CEO Oliver Garfield. “Their values and long-term vision align perfectly with our commitment to excellence in luxury beauty. Together, we’ll enhance the client experience, scale our reach, and continue setting the standard in the space.”
Backed by MFO’s expertise and resources, including ownership of personalized beauty tech platform Swan Beauty, Cos Bar will build on its legacy through innovation, digital expansion, and strategic growth initiatives, all while staying true to its heritage of exceptional service and curation.
Aug. 27, 2025 – Violet Grey Acquires The Detox Market, Nears Deal for Cos Bar
Luxury beauty retailer Violet Grey has acquired The Detox Market and is close to finalizing a deal to purchase Cos Bar. The acquisitions signal a strategic shift toward scaling through M&A, expanding Violet Grey’s reach across clean beauty and prestige retail. The Detox Market brings a robust clean beauty portfolio, while Cos Bar would add 21 high-end stores and a loyal, high-spending customer base. The deals follow Violet Grey’s return to founders Cassandra Grey and CEO Sherif Guirgis after parting ways with Farfetch in 2024, as well as recent growth including a second Madison Avenue location and the appointment of Tracy Kline as group president.
The move positions Violet Grey as a consolidator in luxury beauty, reinforcing its influence as a tastemaker and retailer in the prestige space.
Aug. 26, 2025 – OLAPLEX Acquires Purvala Bioscience
OLAPLEX has acquired Boston-based biotech firm Purvala Bioscience, marking a strategic expansion into advanced molecular development. Founded in 2020 by MIT Professor Dr. Bradley Olsen and colleagues, Purvala specializes in bioinspired technologies for health and beauty applications. The acquisition aims to accelerate OLAPLEX’s innovation pipeline by integrating Purvala’s biotech expertise with its patented bond-building technology, Bis-amino. The move reinforces OLAPLEX’s commitment to science-backed product development and long-term growth.
“This partnership deepens our innovation engine and positions us to lead the next wave of high-performance haircare,” said OLAPLEX CEO Amanda Baldwin. “Together, we’re poised to deliver breakthrough solutions for stylists and consumers alike.”
Aug. 7, 2025 – OneSkin Secures $20M Series A
OneSkin, the biotech-powered skin longevity brand, has raised $20 million in a Series A round from growth equity firm Prelude Growth Partners. The round, completed last month, includes a secondary component to replace an early seed investor and was initiated by Prelude rather than actively sought by the company. Founded by a team of female PhD scientists, OneSkin is the first brand to focus exclusively on extending “skinspan” through longevity science, targeting senescent cells with its proprietary peptide OS-01. The fresh capital will support brand expansion, scientific research, and category leadership in skin longevity
“We weren’t looking for new capital — but Prelude’s passion for our science-driven vision made this a natural fit,” said co-founder and CEO Carolina Reis Oliveira, PhD. “We’ve found our dream team to take OneSkin to the next level.”
Aug. 7, 2025 – RENÉE Cosmetics Raises $30M in New Funding
RENÉE Cosmetics has secured $30 million in a new funding round led by Playbook, with secondary participation from Midas, bringing the beauty brand’s valuation to $200 million. The round includes both primary and secondary investments and follows a period of nearly 3x growth over the past 18 months. Operated by Stellaro Brands under the AceVector group, RENÉE offers over 200 SKUs across beauty and fragrance, with a strong omnichannel presence in Tier I and II cities. The fresh capital will support product expansion, retail growth, tech investment, and brand-building efforts.
“We’ve hit a Rs 500 crore ARR and aim to double it to Rs 1,000 crore in two years,” said co-founder Ashutosh Valani, citing improved marketing efficiency and digital scale as key priorities.
Jul. 24, 2025 – Goodai Global Raises $600M for Major Indie Beauty Acquisitions
South Korean beauty unicorn Goodai Global Inc. has raised ₩800 billion (approx. $600 million) in funding from six domestic private equity and venture capital firms as it prepares to acquire two indie Korean cosmetics brands for a combined ₩750 billion. IMM Private Equity is leading the round and currently conducting due diligence ahead of a ₩280 billion investment via convertible bonds, with the deal expected to close by the end of August. JKL Partners and Premier Partners are each expected to invest ₩120 billion, while Kiwoom Private Equity and Company K Partners will contribute the remainder.
Founded in 2016, Goodai has been actively expanding through acquisitions since 2019, modeling its strategy after L’Oréal by building a portfolio across skincare, color cosmetics, and manufacturing.
Jul. 24, 2025 – UNI Secures Investment to Accelerate U.S. Retail Expansion
Uni, the elevated body care line launched in 2022 by Alexandra Keating, has closed an investment round with participation from L’Oréal’s venture capital arm, BOLD (Business Opportunities for L’Oréal Development), Break Trail Ventures, Milk Makeup founder Mazdack Rassi, and model/actress Adwoa Aboah. The terms of the deal were not disclosed.
The new funding will fuel Uni’s rapid growth in the U.S. retail market, with a strong focus on nationwide expansion at Ulta Beauty. The capital will enable the brand to scale its retail footprint, enhance in-store experiences, and introduce its product lineup to a broader audience.
Jul. 22, 2025 – TSG Consumer Acquires Phlur
Private equity firm TSG Consumer has acquired U.S. fragrance brand Phlur. Financial terms of the deal were not disclosed. As part of the transaction, Prelude Growth Partners will exit its investment in Phlur, while Chriselle Lim, founder and creative director, will continue in her role and retain a “meaningful stake” in the brand alongside Ben Bennett’s The Center, a beauty accelerator that first invested in Phlur in 2021.
Founded in Austin, Texas, in 2015, Phlur is known for its “mindfully formulated” scents created with the expertise of master perfumers. “We’ve always believed fragrance is a deeply personal form of self-expression,” said Lim. “Our community values transparency, creativity, and emotional connection. TSG Consumer shares those values, and we’re thrilled to partner with them for this next chapter.”
Jul. 10, 2025 – Ulta Beauty Acquires UK-Based Retailer Space NK
Ulta Beauty Inc. has announced the acquisition of Space NK Limited, a leading British beauty retailer, marking Ulta’s first entry into the UK market. Financial terms were not disclosed, but Ulta confirmed that Space NK will operate as a standalone subsidiary, retaining its current leadership team led by CEO Andy Lightfoot. Founded in the UK, Space NK runs 83 stores across the UK and Ireland and has a robust e-commerce business. The acquisition is part of Ulta’s broader international growth strategy, which also includes initiatives in Mexico and the Middle East.
“We are excited to enter the UK market via the Space NK banner,” said Kecia Steelman, president and CEO of Ulta Beauty. “This is a strategically compelling opportunity to grow with a strong, established brand.”
Jul. 4, 2025 – FaceGym Raises Funds from Reliance Retail
FaceGym, the U.K.-based brand known for turning skincare into high-intensity facial workouts, has received a strategic minority investment from Reliance Retail Ventures Ltd., marking a major step in its global expansion. The partnership will see FaceGym launch across key Indian cities over the next five years through a mix of standalone studios and dedicated spaces within Tira stores. Founded on a method that blends facial massage, lymphatic drainage, and electrical muscle stimulation, FaceGym offers a non-invasive approach to skin sculpting and toning. Already operating in cities like London, New York, and Sydney, the brand’s move into India aligns with growing demand for science-backed, experience-driven beauty and wellness concepts.
“FaceGym sits at the unique intersection of beauty, wellness and fitness – creating a category of its own,” said Tira co-founder and CEO Bhakti Modi. “We’re thrilled to welcome it to India.”
Jun. 9, 2025 – L’Oréal Acquires British Skincare Brand Medik8
L’Oréal has acquired Medik8, the UK-based skincare brand known for its vitamin A-based anti-aging products, as the French cosmetics group continues to expand its fast-growing dermatological beauty division. The terms of the deal were not disclosed. “The partnership with L’Oréal will allow Medik8 to deepen its presence in existing markets and expand globally,” said private equity firm Inflexion, which will retain a minority stake in the company following the transaction.
May 28, 2025 – e.l.f. Beauty to Acquire rhode in $1B Deal
e.l.f. Beauty has entered into a definitive agreement to acquire rhode, the fast-rising beauty brand founded by Hailey Bieber, in a deal valued at up to $1 billion. The transaction includes $800 million in cash and stock at closing, with an additional $200 million earnout tied to rhode’s future growth over three years. “e.l.f. Beauty found a like-minded disruptor in rhode,” said e.l.f. Chairman and CEO Tarang Amin. “rhode is a beautiful brand that we believe is ready for rocketship growth.”
Known for its high-performance, minimalist skincare philosophy, rhode has quickly become a content and commerce disruptor, generating $212 million in net sales over the past year. The brand is set to expand its DTC presence with a major retail rollout at Sephora in North America and the U.K. Bieber will take on expanded roles as Chief Creative Officer and Head of Innovation, while also serving as a Strategic Advisor to the combined companies. The acquisition strengthens e.l.f.’s portfolio with a prestige-edge brand and accelerates both companies’ global ambitions.
May 28, 2025 – Simply Nam Raises New Funding
Simply Nam, the beauty brand co-founded by celebrity makeup artist Namrata Soni and entrepreneur Hanna Strömgren Khan, has secured an undisclosed round of funding from the Bhaane Group, led by Anand S. Ahuja. The investment marks a significant milestone for the brand as it looks to expand its product lineup, scale operations, and more than double its monthly recurring revenue over the next year.
“Simply Nam is more than just a makeup brand—it’s a reflection of my life’s work and deep understanding of Indian women’s beauty needs,” said Soni. With a growing customer base, strong retention metrics, and distribution across major digital and quick-commerce platforms, the brand is poised for accelerated growth with Bhaane’s backing.
May 13, 2025 – Blank Beauty Raises $6M in Series A
Blank Beauty, the AI-powered beauty tech company revolutionizing customized cosmetics, has closed an oversubscribed $6 million Series A round. The funding was led by Evolution VC Partners, with strategic participation from global technology leader EPSON and nail care manufacturer Kirker Enterprises. Founded in 2016, Blank Beauty merges AI-driven color science with proprietary micro-dosing robotics to deliver made-to-order beauty products—minimizing waste and maximizing personalization. The fresh capital will accelerate the company’s growth across online and in-store experiences, strengthen its supply chain, and fuel expansion into new personal care categories.
“We believe personal care should be truly personal,” said Charles C. Brandon, CEO of Blank Beauty. “Our platform lets anyone create the exact shade or formulation they want—whether they’re expressing themselves through custom colors or matching a complex skin tone. With this round of funding, we’ll scale our online and in-store experiences, strengthen our supply chain with world-class partners, and expand into new categories.”
May 8, 2025 – Wonderskin Raises $50M in Series A
London-based cosmetics brand Wonderskin has secured a $50 million minority investment in a Series A round led by Insight Partners. The funding will fuel retail expansion and continued product innovation as the brand builds on the viral success of its Wonder Blading Lip Stain Masque, which gained widespread traction on TikTok in 2024.
“Welcoming one of the most iconic firms in growth equity speaks to the strength of our innovation, our team, and our vision,” said CEO and Co-Founder Michael Malinsky. With its own in-house lab and growing product lineup, Wonderskin aims to define the next generation of beauty.
Apr. 29, 2025 – Kult Raises $20M in Series A
Beauty tech startup Kult has raised $20 million in a Series A round led by Payal Kanodia and Aishwarya Bansal of the M3M Family Office, with participation from Venture Catalysts. Founded by Karishma Singh and Ruchika Pallavi, the platform uses AI to deliver personalized skincare recommendations, featuring a visual catalogue that showcases products on a range of Indian skin tones. With the new funding, it plans to onboard 700 premium global products and scale to 10,000 daily orders by the end of 2025.
“Kult represents the next phase of beauty—deeply personalized, tech-led, and customer-first,” said Kanodia. “The early traction from repeat users underscores the demand for a hyper-focused, data-driven platform.”
Apr. 1, 2025 – LYS Beauty Raises Series A Funding
LYS Beauty, the inclusive color cosmetics brand launched at Sephora in 2021, has received a Series A investment from private equity firm Encore Consumer Capital. While terms of the deal remain undisclosed, the funding will support operations, inventory, marketing, and expansion—including a rollout to 800 Kohl’s stores via Sephora beginning April 8.
Founded by Tisha Thompson, LYS has grown from six initial products to a lineup of around 15 SKUs, including bestselling items like the No Limits Cream Bronzer Stick and Triple Fix Blurring Skin Tint Foundation. “We’ve seen a 200% year-over-year increase in DTC sales through TikTok Shop,” said Thompson, pointing to the brand’s social commerce momentum.
Apr. 1, 2025 – Unilever Acquires Wild
Unilever has acquired sustainable personal care brand Wild, best known for its refillable deodorants, lip balms, and moisturizers, as part of a broader effort to grow its presence in the premium beauty and wellness sector. While the purchase price remains undisclosed, the deal reportedly values the UK-based startup at approximately £230 million. Launched in 2019 by entrepreneurs Charlie Bowes-Lyon and Freddy Ward, Wild saw significant growth during the pandemic and became profitable in 2023. The brand has built a strong following with its mission to reduce plastic waste in bathrooms by offering eco-conscious, design-led alternatives.
Bowes-Lyon described the acquisition as a major step forward for Wild, noting that Unilever’s global infrastructure and expertise will help accelerate growth and bring the brand’s sustainable ethos to more consumers. He also revealed ambitions to shift some manufacturing—particularly of Wild’s aluminum cases—from China to Unilever-owned facilities in the U.S.
The acquisition supports Unilever’s Growth Action Plan 2030, which focuses on building a portfolio rooted in high-growth, premium categories.
Mar. 27, 2025 – Antithesis Raises ₹5 Cr in Pre-Seed Round
Antithesis, a rising name in India’s beauty and personal care space, has raised ₹5 crore ($583,450) in a pre-seed funding round co-led by Rukam Capital and V3 Ventures. Known for backing disruptive consumer brands, the investors are supporting Antithesis as it aims to redefine the personal care category with modern, high-performance solutions. The funding will enable Antithesis to strengthen its digital-first presence, expand distribution channels, and accelerate innovation in product development.
“The personal care sector in India is evolving rapidly,” said Archana Jahagirdar, Founder and Managing Partner at Rukam Capital. “We back founders who reimagine industries with fresh perspectives, and Antithesis is perfectly positioned to meet the growing demand for smarter, lifestyle-aligned products.”
Mar. 24, 2025 – Coty Sells Stake in SKKN by Kim to Skims
Coty Inc. has sold its 20 percent stake in SKKN by Kim to Skims, the shapewear brand co-founded by Kim Kardashian. The move, announced Friday, consolidates Kardashian’s beauty and lifestyle ventures under one umbrella. Coty originally invested in SKKN by Kim in 2020, finalizing the deal in 2021. Anna von Bayern, CEO of Kylie Cosmetics and head of Kardashian’s beauty business at Coty, expressed gratitude for the partnership and reaffirmed Coty’s commitment to its majority stake in Kylie Cosmetics, which has grown 1.5x in size over the past two years.
Mar. 21, 2025 – Yepoda Secures New Funding to Accelerate Global Expansion
K-beauty skincare brand Yepoda has completed a new funding round led by Belgian investment firm Verlinvest, with participation from existing investors V3 Ventures and JamJar Investments. While the value of the round remains undisclosed, Yepoda’s founders continue to hold a majority stake in the company. “The new funding will enable Yepoda to accelerate its growth, notably through the recent European deployment via Sephora, and to support its launch in the USA, while remaining committed to product innovation,” the company stated.
Founded in Berlin in April 2020 by Veronika Strotmann and Sander Joonyoung, Yepoda draws inspiration from South Korean skincare traditions and has recently expanded into European Sephora stores. The new capital will support its continued growth, including a U.S. launch and ongoing investment in product innovation.
Mar. 18, 2025 – Pilgrim Raises $23M in New Round
Indian clean beauty brand Pilgrim has secured ₹200 crore ($23.1 million) in a funding round led by existing backers Narotam Sekhsaria Family Office, Vertex Ventures SEAI, and Mirabilis Investment Trust, with new participation from Vertex Growth Fund and Anicut Equity Continuum Fund. The round values Pilgrim at approximately ₹3,000 crore ($361 million) pre-money.
Founded in 2020, Pilgrim blends globally sourced natural ingredients with scientific formulations to create innovative beauty solutions. The funding will deepen its offline footprint, enhance R&D, and build on its profitable online presence. “This funding marks a pivotal moment for Pilgrim,” said co-founder Gagandeep Makker. “It will help us expand and innovate while staying true to our mission of delivering world-ingredient beauty for modern consumers.”
Mar. 17, 2025 – indē wild Raises $5M in New Round
Beauty brand indē wild, known for merging Ayurvedic wisdom with modern science through its “Ayurvedistry” approach, has raised $5 million in a funding round led by Unilever Ventures, with continued support from existing investors SoGal Ventures and True. The capital will drive international growth, including expansion of its Sephora UK partnership and an upcoming launch in Sephora US.
“Today’s generation seeks brands that reflect their identity,” said Diipa Büller-Khosla, Founder of indē wild. “The most impactful brands are built on deep listening, constant evolution, and empowering communities to co-create their journey. I am excited to scale indē wild to new heights and redefine what it means to truly connect with our audience.”
Feb. 26, 2025 – Fara Homidi Beauty Raises New Funds
Fara Homidi Beauty has secured investment from Sandbridge Capital, which has taken a “significant minority” stake in the luxury beauty brand, which will use the new funds to expand its team, fuel marketing efforts, and drive international growth, with the UK as its first target market. Ken Suslow, Founder of Sandbridge Capital, highlighted the brand’s unique appeal, stating, “Fara Homidi Beauty’s artfully elevated approach to reimagining clean and efficacious colour sets it apart as a luxury, makeup-artist-driven label with global potential.”
Feb. 18, 2025 – Borntostandout Raises Series A Funding
Borntostandout, a Seoul-based luxury perfume label, has raised Series A capital in a funding round led by Touch Capital, with participation from BOLD, L’Oréal’s venture capital fund. The terms of the deal were not disclosed. The brand will use the new funds for “offline expansion in Europe and the U.S., enhancing fragrance discovery experiences, and strengthening its international market presence.” Jun Lim, founder and managing director of Borntostandout, stated, “Receiving backing from such prominent investors is powerful validation that fragrances infused with originality are one of life’s greatest luxuries.”
Launched in 2022 and distributed in over 60 countries, Borntostandout is known for its daring, provocative scents like Drunk Maple and Angels’ Powder. The brand plans to expand its flagship presence in Seoul and open stand-alone stores in Paris and New York.
Feb. 18, 2025 – Huda Beauty to Sell KAYALI Fragrance Business
Huda Beauty will sell KAYALI, the fragrance business founded by Huda and Mona Kattan, the latter of whom will partner with General Atlantic, a leading global growth equity firm, “to jointly own KAYALI post-sale and to support the brand’s ambitious plans of bringing the love for scent layering to the world.” With General Atlantic’s investment, KAYALI will now operate as an independent company, the companies confirmed, noting the “the separation comes after years of developing the brand in Dubai, establishing it as a globally renowned Middle Eastern brand recognized for its marketing, social media strategies, and delicious gourmand fragrances.”
KAYALI’s partnership with General Atlantic “will provide the necessary resources and expertise to accelerate the brand’s evolution while maintaining its authenticity, creativity, and deep connection with its community,” according to General Atlantic. “Mona Kattan will continue her role as KAYALI’s CEO, leading the brand into its next phase of growth and transformation.”
Feb. 7, 2025 – L’Oréal Takes Minority Stake in Jacquemus
L’Oréal has taken a minority stake in independent fashion brand Jacquemus and signed a “long-term, exclusive partnership” to manufacture and distribute the French fashion brand’s beauty offerings. The terms of the deal have not been disclosed. Cyril Chapuy, President of L’Oréal Luxe said, “We are thrilled to welcome JACQUEMUS and unleash together its outstanding luxury beauty potential. With its singular brand positioning, fueled by sensational creativity and social first playfulness, JACQUEMUS will perfectly complement L’Oréal Luxe’s portfolio of iconic brands and reinforce our worldwide leadership.”
Feb. 5, 2025 – L’Oréal Sells €3B in Sanofi Shares
L’Oréal has agreed to sell 29.6 million Sanofi shares for €3 billion, reducing its stake in the pharmaceutical company to 7.2 percent while retaining 13.1 percent of the voting rights. The sale is part of L’Oréal’s strategy to optimize its financial management following recent acquisitions. The company said the share sale “strengthens [its] balance sheet and enhances financial flexibility for future investments.”
Jan. 31, 2025 – Give Back Beauty to Acquire AB Parfums
Give Back Beauty, the Italian entity that makes perfumes for luxury brands like ZEGNA, will acquire AB Parfums from owner Angelini Industries. The deal will enable Give Back Beauty “to grow its distribution operations and add licensing deals,” per Reuters, as AB Parfums has an agreement with beauty giant L’Oréal Group to distribute fragrances for Ralph Lauren, Maison Margiela, and Diesel, as well as for brands like Trussardi and Laura Biagiotti.
Jan. 23, 2025 – SKYY Partners Takes Stake in 111SKIN
111SKIN has received a “significant minority investment” from SKKY Partners, the consumer-focused private equity firm co-founded by Jay Sammons and Kim Kardashian. With SKKY’s support, 111SKIN says that it “aims to strengthen its direct-to-consumer business while expanding its customer base in key markets, including North America and Asia. Co-founders Eva and Dr. Yannis Alexandrides will retain majority ownership and continue to lead the company, along with CEO Vanessa Goddevrind.
“We are excited to join forces with visionary partners that will help us write the future success story of our brand,” said Dr. Yannis and Eva Alexandrides, “The SKKY Partners team has tremendous experience working with distinctive, growth-oriented brands. They are passionate champions of our core values and share our drive for excellence,” Goddevrind added.
Jan. 22, 2025 – Deconstruct Raises $7.5M in Series A
Deconstruct has raised Rs 65 crore ($7.5 million) in a Series A round from L’Oréal’s VC fund BOLD, V3 Ventures, and DSG Consumer Partners, with additional participation from existing investors Kalaari Capital and Beenext. The New Delhi-based D2C skincare brand plans to use the funds for product innovation and enhance its distribution networks, especially on quick commerce and retail points. “Over the past year, we’ve helped 2Cr+ beginners start their skincare journey in the most remote pincodes. This funding empowers us to singularly focus on building highly effective yet gentle products,” said founder Malini Adapureddy.
Jan. 22, 2025 – American Exchange Group Acquires Urban Skin Rx
American Exchange Group has acquired skincare brand Urban Skin Rx. The terms of the deal have not been disclosed. “Urban Skin Rx® has built an impressive business with its clinical approach to skincare, and we are excited to add this brand into our rapidly expanding skincare and wellness portfolio,” said Alen Mamrout, CEO of American Exchange Group.
“This acquisition aligns perfectly with our growth strategy, and we see tremendous potential to expand Urban Skin Rx’s reach and impact. With our resources and expertise, we plan to grow the brand’s direct-to-consumer business, broaden its product range, and explore new brand extensions through strategic licensing and partnerships.”
Jan. 15, 2025 – Foxtale Raises $30M in Series C
Foxtale has raised $30 million in a Series C funding round led by Japanese beauty products company Kose Corporation, with participation from existing investors Z47 (formerly Matrix Partners India), Kae Capital, and Panthera Growth Partners. The Mumbai-based direct-to-consumer skincare brand will use the new funds to expand its product range and enhance its online presence. It has also entered into a strategic partnership with KOSÉ Corporation to expand the global beauty leader’s presence in India.
Jan. 13, 2025 – Ras Luxury Skincare Raises $5M in Series A
Ras Luxury Skincare has raised $5 million (Rs 43 crore) in a Series A funding round led by Unilever Ventures, with additional participation from Amazon Smbhav Venture Fund, Sixth Sense Ventures, and other angel investors. The luxury Indian beauty brand will use the new funds for “retail expansion, talent acquisition, R&D, product diversification, marketing, and technology advancements.” Pawan Chaturvedi, Head of Unilever Ventures Asia, highlighted the growth potential of India’s premium beauty market, stating, “Over the next 5-7 years, the premium beauty market in India will witness significant growth, and Ras, with its distinct value proposition, is well poised to capture this opportunity.”
