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Context secures growth equity funding to expand unisex beauty brand

Context, an NYC-based unisex health and beauty brand, has secured an undisclosed amount of growth equity funding. The investment came from Florida-based private equity firm, Volta Global. “Our private equity investment philosophy focused on finding business partners for the long term aligns perfectly with David [Arbuthnot’s] vision for Context,” Marko Dimitrijevic, chairman of Volta Global, said in a statement.   Arbuthnot, …

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Birchbox tests more tailored beauty delivery service with Birchbox Select

Birchbox, the OG beauty subscription service based in New York, is becoming more personalized in an effort to cash in on the customization trend their subscribers are keen on adopting with Birchbox Select. Founded in 2010 by Katia Beauchamp and Hayley Barna, their goal for the company was to give women an easy and fun way to get in the know …

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Function of Beauty raises $9.5 million for custom haircare service

Function of Beauty, a custom haircare service based in Stamford, Connecticut, has raised $9.5 million in Series A funding. With the new funding, the company has raised $12 million to date. The investment round was led by GGV Capital and its existing investor Y Combinator also contributed to the round. As Y Combinator alum, Hien Nguyen, Zahir Dossa and Joshua Maciejewski co-founded …

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Drunk Elephant receives minority investment from VMG Partners

Drunk Elephant, an all-natural skincare line, has raised an undisclosed amount of funding. The investment came from San Francisco-based private-equity firm, VMG Partners and Leandra Medine, founder of online fashion and media property, Man Repeller. “I found Tiffany [Masterson’s] message of clean clinical as something that resonated for me,” Robin Tsai, principal at VMG, told WWD. “It’s refreshing, compelling and …

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