Yuv, a London, UK-based company specializing in AI-powered hair color technology, received an investment from Fresha.
The amount of the deal was not disclosed.
The company intends to use the funds to consolidate its position as a go-to platform for salons and beauty professionals globally.
Yuv is a beauty tech company prpviding the yuv Lab, a smart device designed for freelancers and salons, offering customizable hair color formulations at the touch of a button. Its technology has been awarded two patents, and the company has developed refillable hair color cartridges, reducing waste and promoting sustainability in the salon industry.
Fresha boasts a network of over 120,000 beauty businesses worldwide, with salons making up a large portion of its partners. Hair By integrating Yuv’s technology, Fresha is set to enhance precision, streamline inventory management, and deliver personalized services for clients.
FinSMEs
21/10/2024