Waldencast Acquires Obagi And Milk Makeup To Form Unicorn Beauty Brand Holding Company

Special purpose acquisition company Waldencast Acquisition Corp. has acquired the brands Obagi and Milk Makeup to form a multibrand beauty and wellness platform valued at $1.2 billion.  Jaime Castle and Tim Coolican, CEOs of...

IgniteXL Ventures Closes $10M Fund To Back Diverse Beauty And Wellness Founders

Beauty and wellness-focused venture capital firm IgniteXL Ventures has raised $10 million for a fund backing seed-stage disruptive brands and service providers from diverse founders often underserved by venture capital.

Esker Beauty Raises $500K In Pre-Seed Funding To Help It Grow Into An Elevated Modern-Day Version Of Calgon

“My goal is to turn people into bath people,” says Shannon Davenport, founder of clean bath and body care brand Esker Beauty. She’s taken a big step toward achieving that goal by closing a $500,000 pre-seed funding...

Gloss Ventures, The Company Behind Sacheu Beauty, Grows Its Portfolio With Acquisitions And Incubation

Gloss Ventures, home of influencer Sarah Cheung’s brand Sacheu Beauty, has taken a shine to more brands. The incubator and acquirer has purchased three brands—Vitamin Bounty, Active Wow and Zoë Ayla—in transactions financed...

Emerging As An Umbrella Company For Sustainable Brands, Eluma Beauty Inc. Acquires Miiko Skincare Co.

When Elate Cosmetics founder and CEO Melodie Reynolds incorporated her business four years ago, she did so under the name Eluma, a combination of the words “elevate” and “illuminate,” with the idea of creating an umbrella company...

Thirteen Lune Closes $3M Funding Round Led By Fearless Fund

Inclusive beauty e-tailer Thirteen Lune has closed a $3 million funding round led by Fearless Fund. Along with Fearless Fund, the venture capital firm from Arian Simone, Keshia Knight Pulliam and Ayana Parsons that