© Pai Skincare LtdLondon-based natural skincare model Pai has accomplished a £6.4m (€7.5m/$9m) Series B funding led by France-based Famille C Venture, a personal funding agency owned by the Courtin-Clarins household, founders and house owners of the Clarins Group.
This funding will allow Pai to put the foundations for brand spanking new R&D and manufacturing amenities in west London to fulfill the rising demand for its merchandise worldwide. Pai is thus setting itself up for sooner development after surviving the dual challenges of COVID and Brexit due to its vertical integration mannequin.
© Pai Skincare Ltd“Our Series B funding offers the monetary firepower to speed up development in our core markets. Innovating the exhausting method by growing and manufacturing our personal merchandise is uncommon within the magnificence trade,” says founder Sarah Brown. “Famille C Venture shares each our ardour for product growth and our values round transparency and sustainability – that’s what makes this partnership so nice.”
It will even assist plans to develop a direct-to-client platform and an bold pipeline of latest merchandise by means of the model’s ‘Pai Labs’ innovation centre. These investments intention to serve and maintain its place as a class chief in natural and pure skincare.
© Pai Skincare Ltd“We are very proud to assist Pai Skincare and be a part of their thrilling journey. Sarah has created an organization with a extremely authentic mannequin and incredible potential. We are honoured to supply stable monetary assist in addition to tailor-made mentoring,” mentioned Prisca Courtin-Clarins, Founder and CEO of Famille C Venture.