IQONIC.AI has secured a seven-figure seed funding to enhance its AI-driven personalization technology in the beauty and health sectors.

Target Information

IQONIC.AI, a cutting-edge AI company based in Potsdam, has successfully secured a seven-figure seed funding round. This fresh capital will enable the startup to expand its AI models, particularly in the fields of hair and health, and to penetrate new markets. The company utilizes its proprietary AI algorithms to provide personalized product recommendations for hair, skin, and dietary supplement brands, enhancing the customer experience and reducing test and purchase errors. By identifying potential medical issues through analysis, IQONIC.AI promotes a proactive approach to prevention.

Industry Overview

Germany's beauty and healthcare market is undergoing a significant transformation, driven by technological advancements and consumer preferences for personalized solutions. The beauty sector alone is projected to generate substantial revenue growth, especially with the rise of AI-driven applications that offer tailored recommendations based on individual characteristics.

In 2023, the hair care market in Germany alone is expected to reach approximately €3.06 billion, yet there is currently no existing offering that provides personalized AI-based hair