Dermaself has secured €800,000 in seed funding to enhance its AI-driven skincare technology and expand its market presence as a leading Beauty Identity Provider in Europe.
Target Information
Dermaself is an innovative brand-agnostic AI beauty agent that quickly analyzes skin within three seconds, balances ingredients from any catalog, and provides personalized skincare routines via applications, widgets, and in-store kiosks. The company has successfully closed a seed funding round of €800,000, divided into two tranches, with plans to optimize its technology and expand its focus to address skin spots and wrinkles.
The funding was entirely equity-based and included investments from Personae S.R.L., CDP Venture Capital SGR S.p.A., Urban Venture S.R.L., Derming S.R.L., and various strategic business angels. The capital increase aims to enhance the technological and marketing team, develop its AI further, and launch both a B2B e-commerce application and a consumer-focused mobile app, positioning Dermaself to become the leading Beauty Identity Provider in Europe.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The beauty and personal care industry in its target country is witnessing significant evolution, driven by technological advancements and changing consumer preferences. With a focus on personalized solutions and sustainability, brands
Similar Deals
Club degli Investitori and other business angels → Bowlpros
2022
Personae S.R.L., CDP Venture Capital SGR S.p.A., Urban Venture S.R.L., Derming S.R.L.
invested in
Dermaself
in
in a Seed Stage deal
Disclosed details
Transaction Size: $1M
Revenue: $48M