Junoco, a San Francisco, CA-based sustainable skincare and beauty brand, raised $6.3m in Series A funding.
The round was led by Vision Plus Capital with participation from Frees Fund.
Founded by serial entrepreneur Kyle Jiang and Mira Peterson, Junoco offers a 10 ingredients cleansing balm which has sold more than 500,000 pieces within the first year of launch.
The brand formulates its products without microplastics and when possible, utilizes upcycled ingredients in its formulas to reduce waste and repurpose materials that would otherwise go unused. Its packaging is recyclable and made from FSC certified material to ensure that the materials used come from ethically managed sources.
The company intends to use the funds to introduce more skus with 10 ingredients or less in it, upgrade its current collections into 80% refillable packaging and incorporate more upcycled ingredients into future collections.
JUNOCO products are available to purchase on www.JUNOCO.com.
FinSMEs
31/05/2022