Yuv, a sustainable beauty tech company, has secured £9.5 million in Series A funding to accelerate growth in the UK and expand into the US market.
Target Information
Yuv is an innovative beauty technology company that has introduced a smart, sustainable hair color lab system tailored for salons and freelancers. The company recently secured £9.5 million in Series A funding, primarily led by Nineyards Equity. Other participants in this round included Yuv's founder, Francisco Gimenez, existing investor VNV Global, and several strategic angel investors. The capital raised will be crucial in accelerating Yuv's growth within the United Kingdom while also facilitating an expansion into the United States slated for next year.
Industry Overview
The beauty and personal care market has witnessed significant evolution, particularly in the hair services sector. According to industry insights, the global salon hair services market is projected to experience robust growth, ascending from a valuation of $203.78 billion in 2025 to an estimated $341.67 billion by 2032. This growth trajectory underscores the increasing consumer demand for personalized and quality hair care services.
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In the United Kingdom specifically, the beauty tech sector has gained considerable momentum, with an increasing number of startups innovating in the space. The shift towards
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Nineyards Equity
invested in
Yuv
in 2023
in a Series A deal
Disclosed details
Transaction Size: $12M
Enterprise Value: $31M
Equity Value: $31M