Wonderskin Raises US$50 Million to Expand Retail and Product Development
Wonderskin has closed a US$50 million Series A funding round to support its retail expansion and development of new cosmetic products. The post Wonderskin Raises US$50 Million to Expand Retail and Product Development appeared first on Global Cosmetics News.
THE WHAT? Wonderskin has closed a US$50 million Series A funding round to support its retail expansion and development of new cosmetic products.
THE DETAILS The funding was led by Insight Partners and marks a minority investment in the beauty brand. Wonderskin is best known for its Wonder Blading Lip Stain Masque, a peel-off lip stain that gained popularity on TikTok. The company plans to use the capital to grow its retail distribution and continue developing new cosmetic formulations through its in-house lab. Wonderskin is headquartered in London, with most of its manufacturing based in the United States.
THE WHY? The investment will help Wonderskin scale operations and introduce more products into the market. It also reflects investor interest in beauty brands with a strong online presence and proprietary technology.
The post Wonderskin Raises US$50 Million to Expand Retail and Product Development appeared first on Global Cosmetics News.
