Allies of Skin, a Singapore-based skincare brand, received an investment from Meaningful Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate its entrance into the United States across the digital and retail landscapes, including furthering marketing efforts, driving new product research and development and strategically building a US-based team.
Founded in 2016 by Nicolas Travis, Allies of Skin is a science-led skincare brand which started with three original products and has later expanded to a complete collection, using clinically-proven actives in charged concentrations to achieve results in minimum steps.
Allies of Skin is currently available in 36 countries and can be found across 40 retail partners, including Space NK, MECCA, Sephora, Dermstore and Cult Beauty and 800+ retail stores globally.
FinSMEs
27/03/2024