French-headquartered venture capital firm Seventure Partners plans to unlock a third wave of microbiome innovation funds next year, aiming to invest €300 million in more than 20 cutting-edge companies, its CEO says.
In a move that indicates that the global beauty player is keen to invest at the cutting edge of technology, for the second consecutive year it has partnered with the ‘Hello Tomorrow Challenge’.
A new generation of consumers who are “informed, educated, connected and engaged” are driving innovation in beauty, according to industry expert Michel Barrocas.
Natural personal care companies are expected to be a key target for investors in 2010, according to Organic Monitor’s latest Strategic Insights report.
RCP Therapeutics is set to recieve significant investment from a US-based venture capital firm which will lead to the spin off of a new company dedicated to cosmeceuticals.
![The third Health for Life fund from the venture capitalist will be firmly focused on microbiome innovation, across skin, gut, vaginal and oral categories [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/seventure-partners-health-for-life-iii-microbiome-innovation-fund-to-be-released-in-2023-with-300m/15889718-1-eng-GB/Seventure-Partners-Health-for-Life-III-microbiome-innovation-fund-to-be-released-in-2023-with-300m.jpg)
