On the 16th, the US natural coconut oil skin care brand Kopari Beauty announced the completion of the $20 million Series A financing, the world's largest consumer goods investment fund L Catterton's North American fund Growth Fund led the European consumer goods giant Unilever (Unilever)'s investment department Unilever Ventures and the US private equity fund, the University Growth Fund, participated.


Kopari will use this financing to strengthen product development, upgrade production capacity, and continue to expand the retail and international markets, upgrade the brand subscription platform, and improve the e-commerce platform interface and user experience.


Kopari was founded in 2015 by Hawaii-certified organic chef Kiana Cabell, beauty expert Gigi Goldman and health entrepreneur James Brennan, based in San Diego, USA. Kopari products feature natural coconut oil, which is free of sulfates, parabens, silicones and phthalates. It produces natural pure coconut oil and other natural ingredients from the Philippines through sustainable production techniques. Blended together to create a range of natural skin care products.






In January 2017, L Catterton teamed up with Ashton Kutcher, Jared Leto, Karlie Kloss, Hilary Duff, Shay Mitchell and other star investors to participate in Kopari's early investments. Since then, Kopari's business has expanded rapidly, with more than 1,800 physical stores worldwide, and has continued to enrich its product line. Its 26 products have won industry awards. (See "Glory" in the history article: L Catterton teamed up with Karlie Kloss and other celebrities to invest in coconut oil beauty brand Kopari Beauty)


In addition, Kopari is marketed in the United States, Canada, Southeast Asia and Australia through the brand's official website and retailers such as Sephora, Ulta, Nordstrom, Urban Outfitters, Riley Rose, Bloomingdale's, Anthropologie, Amazon, and Revolve.


Kopari co-founder and CEO Bryce Goldman said: "This financing further demonstrates the advantages of Kopari's products and coconut oil ingredients. With the unique composition of coconut oil, Kopari has gradually won the favor of more and more users. We are very I am pleased to be a partner of Unilever Ventures and L Catterton, which will help Kopari achieve tremendous growth, and we will invest more in product development in the future."


Michael J. Farello, managing partner of L Catterton, said: “We are optimistic and invested in Kopari in 2017. After two years of development, Kopari has proven great achievements in product development and international market expansion. We believe in Kopari With the ability to become a leader in natural beauty and care, we will continue to help Kopari explore the international market and develop more natural beauty and care products that meet the consumer's beauty habits."


Olivier Garel, Managing Director and CEO of Unilever Ventures, said: “We are very pleased to work with Kopari. Kopari has been working on a cleaner coconut oil product. We hope this cooperation will help Kopari further deepen its innovation and develop International market, rich product categories."


About L Catterton


L Catterton is the world's largest consumer goods investment company with six investment platforms, 17 offices worldwide and more than 150 investment and operations professionals. Founded in 2016, L Catterton is a merger of L Capital, a private equity and real estate investment arm of French luxury goods giant LVMH, and Catterton, a US consumer goods private equity firm. To date, L Catterton has completed more than 160 investments worldwide with a total investment of more than $15 billion, focusing on the consumer sector, covering assembly, food and beverage, retail and catering, consumer health, media and marketing services, and real estate projects. .


Growth Fund is L Catterton's investment fund for North America, which invests primarily in mid-sized companies with US$10 million to US$50 million in North America.


About Unilever Ventures


Unilever Ventures is a venture capital and private equity arm of European consumer goods giant Unilever, which invests in early stage developments in the areas of personal care, e-commerce and digital transformation. Unilever Ventures helps these companies accelerate growth with the assets and expertise of Unilever's global ecosystem.


| Source: Official Press Release
发送反馈
历史记录