This funding allows Pai to interrupt floor on new West London R&D and manufacturing services to fulfill the rising demand for its merchandise worldwide.
“Our Series B elevate gives the monetary firepower to supercharge progress in our core markets. Innovating the arduous manner, by growing and manufacturing our personal merchandise, is uncommon within the magnificence trade,” states Founder, Sarah Brown. “Famille C Venture shares each our ardour for product creation and our values round transparency and sustainability – which is what makes it an excellent partnership.”It will even help plans for direct to shopper platform improvement and an formidable pipeline of latest merchandise by way of the model’s ‘Pai Labs’ innovation hub. Such investments intention to serve and sustainably preserve their place as a class chief within the natural and clear skincare area. “We are very proud to help Pai Skincare and to be a part of its thrilling journey. Sarah based an organization with a extremely authentic mannequin and unbelievable potential. I’m satisfied Pai has a task to play and a key worth proposal which completely suits with new clients’ expectations. We are honoured to have the ability to present stable monetary backing in addition to tailor-made help,” mentioned Prisca Courtin-Clarins, Founder and CEO of Famille C Venture.Pai continues to be independently owned and run, with Sarah Brown remaining majority shareholder and CEO. Prisca Courtin-Clarins, Founder and CEO of Famille C Venture, will be part of the Pai board. CAPInvest, the household workplace which invested in Pai’s Series A in 2017, stays on as an investor and board member. Notes for Editors:About Pai Skincarewww.paiskincare.comFounded in 2007, the corporate’s imaginative and prescient is to be the main authority in natural skincare. Pai is the 2nd largest UK magnificence firm to be licensed to the Soil Association / COSMOS normal. The model can be Vegan Society, Cruelty-Free International and London Living Wage accredited. One Pai Rosehip Bioregenerate Face Oil is offered each two minutes. Pai is a number one advocate of UK Manufacturing, winner of the EEF (UK Manufacturer’s Association) UK Export Development Award 2014 and the Queens Award For Enterprise (International Trade) 2016. In 2020, it achieved its ISO 22716 (Good Manufacturing Practice) certification.Sarah BrownFounder of Pai, CEW Executive Board Member and Chair of its Young Executive.About Famille C Venture Famille C Venture was based in September 2017 by Prisca Courtin-Clarins, who’s accountable for the diversification of Famille C, the Courtin-Clarins household holding firm.Famille C Venture is a one of many investment corporations below the umbrella of Famille C.By discovering and supporting start-ups and SMEs which might be contributing to shifts within the trade, and constructing shut ties with these new gamers, Famille C Venture goals to assist construct the way forward for magnificence. Headed by Prisca Courtin-Clarins and utilizing 100% household capital, Famille C Venture is an entrepreneurial challenge that embodies the household’s ardour for innovation within the area of magnificence and well-being and helps Clarins in its improvement. Photo – https://mma.prnewswire.com/media/1484866/Pai_Rosehip_Bioregenerate.jpg Photo – https://mma.prnewswire.com/media/1484863/Sarah_Brown_Pai_Skincare.jpg Logo – https://mma.prnewswire.com/media/1485958/Pai_Skincare_Logo.jpg Related Links http://www.paiskincare.com SOURCE Pai Skincare
