Schmidt’s Naturals Creator Jaime Schmidt Pivots From CPG Entrepreneur To Investor With New Firm Color

Husband and wife Chris Cantino and Jaime Schmidt, co-founder of Schmidt’s Naturals, have formed investment firm Color to fund companies led by women, minorities and other societally-disadvantaged groups, and backed nut butter startup Wild Friends Foods. Color...

L’Oréal Establishes Venture Fund To Make Minority Investments In Rising Startups

L’Oréal has joined the corporate parade into venture investment with the launch of a fund making minority bets on startups poised to shake up the beauty industry. Called BOLD Business Opportunities for L’Oréal Development, the fund’s first investment...

A New Vision For Men’s Grooming: Maapilim Scores $4M To Advance Gender-Neutral Products Sold Digitally

Maapilim has picked up $4 million to move forward with its mission of modernizing the version of masculinity propagated in the grooming segment. Participants in the funding round include Viola Ventures, Kaeden Capital, a joint venture of...

The Moneyed Mayvenn: Essence Ventures Leads A $23M Series B Round To Grow The Hair Extension Business

Middlemen remain powerful even in an age in which they’re often disparaged. Take Mayvenn Inc., the wig and hair extension startup that’s snagged a $23 million round of Series B funding led by Essence Ventures with participation...

Sustainable Shampoo Startup OWA Haircare Secures Investment From Precursor Ventures

OWA Haircare has drawn more money to remake showering. The brand behind the waterless powder shampoo Moondust Hair Wash set to debut next year has received an investment from early-stage venture firm Precursor Ventures. The amount of...

Sundial Brands CEO Richelieu Dennis On What Beauty Entrepreneurs Should And Shouldn’t Do When Seeking Capital

Richelieu Dennis hasn’t slowed down since selling Sundial Brands, the company he launched with his mother Mary and college roommate Nyema Tubman in 1991, to Unilever last year. In addition to staying atop Sundial Brands as CEO...