Allies of Skin raises $20 million for US expansion

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Allies of Skin raises : A major step forward in the growth trajectory of Singapore-based skincare business Allies of Skin has been achieved with the recent large $20 million investment from Meaningful Partners.

The injection of funds will be used for a number of strategic projects, the most important of which are to increase marketing, progress R&D, and build out the team’s infrastructure, especially in the lucrative US market.

Allies of Skin, which Nicolas Travis founded in 2016, rose to fame quickly due to its science-based skincare philosophy. Clinically validated actives like retinoids, vitamin C, and antioxidants support the brand’s diversification from its original three products to a full suite of skincare treatments.

Peptides & Omegas Firming Eye Cream, Molecular Silk Amino Hydrating Cleanser, and Peptides & Antioxidants Firming Daily Treatment are a few of its notable goods. At now, forty illustrious merchants, such as Space NK, Mecca, Sephora, Dermstore, and Cult Beauty, supply Allies of Skin items to thirty-six nations.

By investing in Allies of Skin, Meaningful Partners is demonstrating its dedication to bolstering forward-thinking businesses in the health and beauty industries. Notable past investments by Meaningful Partners include cold-pressed juice and wellness shot industry leader Suja in the United States and vegan vitamin solution maker Sugarbear, which uses only organic and plant-based components.

Thanks to this huge investment, Allies of Skin can strengthen its position in the worldwide skincare industry and push the boundaries of science-driven beauty products even further.

Mia Collins

Mia's love for beauty innovation and her insights into modern lifestyle choices make her the go-to writer for readers seeking to stay ahead of the style curve.

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