Vuhes Magazine - Latest News & Updated Trends on Wellness, Beauty & Aesthetics, Luxury Living

    Home A new fund head to innovative startups is launched by L’Oreal

A new fund head to innovative startups is launched by L’Oreal

December 11, 2018

 

As the one of the most leading beauty brands in France, L’Oreal always try to looking for models of business invests, specializing in marketing, R&I, digital, retail, communication, supply chain and packaging. But this is the first time L’Oreal made a investment that aim to ‘innovative startups with high growth potential’. For more details, please follow this article below.

L’Oréal launches start-up focused corporate venture capital fund

L’Oreal is always’s trying to find the best way to promote beauty and cosmetics industry/globalcosmeticsnews.com

BOLD Business Opportunities for L’Oreal Development – A nursery for innovative and daring ideas

With the name is BOLD Business Opportunities for L’Oreal Development, this is the most meaning investment that L’Oreal ever made, and the first thing they do with this fund is purchase of a minority stake in Sillages Paris, a French startup specializing in online customizable fragrances using AI technology.
L’Oreal always has goals and plans, planning for their capital and this time is no exception. With a focus on the development of the beauty and cosmetics industry, L’Oreal is eager to look for innovative and reckless ideas, thus nurturing wisdom and opening up the strategic vision for companies – startup organizations is what they can do with this venture fund. Thereby, start – up organizations will have the opportunity to work with business organizations, who are partners of LOreal like Founders Factory, Partech International Ventures, Station F and Raise Ventures.
Jean-Paul Agon – the Chairman and Chief Executive Officer of L’Oreal has expressed his wish through the speaking about the new fun, as head of L’Oreal. He argues that the Bold Foundation is not just a investing in start-up organizations, the emergence of this venture fund will maintain long-term sustainability between LOreals partners as well as startup organizations. Young in people from start-up organizations will be fully utilized based on the support of broad vision of the entire industry that the Bold Foundations working environment provides.

So, it can say that BOLD Business Opportunities for L’Oreal Development is an incubator for innovative and daring ideas that will help LOreal promote the industry by invests new ideas early in the early stages.

RELATED ARTICLES
March 25, 2019
Anti-aging beauty devices for professional facial treatment at home

Anti-aging beauty devices for professional facial treatment at home

Here are two out of the most useful beauty devices available for people. #1: Lyft 2.0 – Anti-aging & Skin rejuvenation beauty device It is such a top-selling product integrating with LED, ion and massage treatment that can improve...

November 09, 2017
Discover the new Royal Parade Make Up collection

Discover the new Royal Parade Make Up collection

Discover the palette of shades inspired by traditional lighting and characterized by bright and bold colors. THE COLLECTION   It evokes the Christmas atmosphere that feels at parties, with a palette of shades inspired by traditional lights and characterized...

May 25, 2017
Top Beauty Lipstick Colors For Fair Skinned Women

Top Beauty Lipstick Colors For Fair Skinned Women

Buying a lipstick is a confusing task for plenty of women. We often spend hours trying to choose the perfect color by applying the tester lipsticks. A wrong choice can affect your look and beauty. For many people, choosing...

May 26, 2019
How Beauty brands win Gen Z’s hearts

How Beauty brands win Gen Z’s hearts

Nowadays, more and more industries are taking advantages of technology in their businesses. Beauty industry cannot be out of this trend. The use of AI in beauty industry is one of the important factors to attract the post-millennial generation....

March 23, 2017
InnovaDerma acquires Stevie K and Charles + Lee

InnovaDerma acquires Stevie K and Charles + Lee

The ‘made in Australia’ Stevie K Cosmetics brand that focus on mid-priced colour products aimed at millennials and Generation-Z with key markets including Australia, the UK and New Zealand. Charles + Lee, also Australian-made focus on men’s skin care products...