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Incubator/Accelerator
foundry.unilever.com

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Investments

35

Portfolio Exits

6

Partners & Customers

8

About Unilever Foundry

Unilever Foundry provides companies with access to Unilever's brands and the Level3 co-working facilities. Companies will also receive mentorship, guidance, and collaboration opportunities from Unilever and its partners.

Unilever Foundry Headquarter Location

100 Victoria Embankment

London, England, EC4Y 0DY,

United Kingdom

+44 (0) 207 822 5252

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Expert Collections containing Unilever Foundry

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Unilever Foundry in 1 Expert Collection, including Beauty & Personal Care.

B

Beauty & Personal Care

58 items

Startups in the beauty & personal care space, including cosmetics brands, shaving startups, on-demand beauty services, salon management platforms, and more.

Latest Unilever Foundry News

Unilever invites start-ups to partner on sustainable beauty solutions

Mar 14, 2022

Image: Unilever Beauty Unilever, which owns beauty brands including Dove, Vaseline and Tresemmé, is inviting start-ups, scale-ups and academic spinouts to partner with them on a new entrepreneurial challenge focused on sustainable beauty solutions. The Unilever Foundry, Unilever’s collaborative innovation network, is looking for start-ups who can bring “brilliant functional ingredients that work with nature” to its beauty and personal care products and packaging. The initiative is part of Unilever’s Positive Beauty Growth Platform, which aims to champion a new era of beauty that is equitable and inclusive, and sustainable through cutting edge science. The Growth Platform’s second challenge aims to find the next generation of biodegradable and sustainable ingredients and packaging. Unilever is looking for materials that “deliver incredible benefits to consumers,” while supporting its vision to do more good for the planet and help achieve its ambitious goals to protect and regenerate nature. Interested companies will have the opportunity to present unique biodegradable and sustainable cosmetic ingredients or packaging solutions to the Unilever beauty leadership and expert practitioners. The leading ideas will then be given the chance to explore partnership opportunities within Unilever’s beauty and personal care business, worth 20 billion euros. Unilever chief research and development officer, Richard Slater, said in a statement: “We’re creating the next generation of technologies and ingredients for our beauty and personal care products that are not only highly effective, but also natural and sustainable. Collaborating with disruptive new players in this space is going to lead to even more breakthroughs as we grow our business and portfolio for a future where people and planet can thrive together.” Unilever Foundry, global head Baz Saidieh, added: “Start-up-led partnerships are an important pillar to drive growth and innovation. The Positive Beauty Growth Platform is proving a catalyst of finding the greatest start-up innovations and powering experimentation at scale. If this call-out is half as successful as our last challenge, we should be in for some stunning collaborations.” Start-ups wishing to apply for the second challenge have until April 11. Virtual live challenge presentations will take place from May 23-27.

Unilever Foundry Investments

35 Investments

Unilever Foundry has made 35 investments. Their latest investment was in Rytle as part of their Biz Plan Competition on July 7, 2019.

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Unilever Foundry Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/1/2019

Biz Plan Competition

Rytle

Yes

1

7/1/2019

Biz Plan Competition

Kora

Yes

1

6/12/2018

Biz Plan Competition

Vase

Yes

1

6/12/2018

Biz Plan Competition

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10

12/1/2017

Seed

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$99M

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10

Date

7/1/2019

7/1/2019

6/12/2018

6/12/2018

12/1/2017

Round

Biz Plan Competition

Biz Plan Competition

Biz Plan Competition

Biz Plan Competition

Seed

Company

Rytle

Kora

Vase

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Amount

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

Unilever Foundry Portfolio Exits

6 Portfolio Exits

Unilever Foundry has 6 portfolio exits. Their latest portfolio exit was LoopMe on January 13, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/13/2022

Acq - Fin

$99M

11

10/19/2021

Acquired

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10

6/2/2021

Acquired

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10

8/6/2020

Acquired

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10

7/6/2020

Corporate Majority

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10

Date

1/13/2022

10/19/2021

6/2/2021

8/6/2020

7/6/2020

Exit

Acq - Fin

Acquired

Acquired

Acquired

Corporate Majority

Companies

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Valuation

$99M

Acquirer

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Sources

11

10

10

10

10

Unilever Foundry Partners & Customers

8 Partners and customers

Unilever Foundry has 8 strategic partners and customers. Unilever Foundry recently partnered with HelloAva on July 7, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

7/29/2019

Partner

United States

Unilever Jump-Starts Personalization with HelloAva Partnership

He continued , `` With our vision to become the ultimate hair companion for consumers , each of whom has unique hair needs , we are extremely excited about our partnership with HelloAva that allows us to leverage their cutting-edge technology and AI to provide personalised and ultimately useful hair care & styling solutions , including tailored products and regimen recommendations . ''

1

5/23/2018

Partner

United Kingdom

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10

4/20/2018

Partner

Germany

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10

10/10/2017

Partner

Germany

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10

7/13/2017

Partner

Ireland

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10

Date

7/29/2019

5/23/2018

4/20/2018

10/10/2017

7/13/2017

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United Kingdom

Germany

Germany

Ireland

News Snippet

Unilever Jump-Starts Personalization with HelloAva Partnership

He continued , `` With our vision to become the ultimate hair companion for consumers , each of whom has unique hair needs , we are extremely excited about our partnership with HelloAva that allows us to leverage their cutting-edge technology and AI to provide personalised and ultimately useful hair care & styling solutions , including tailored products and regimen recommendations . ''

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Sources

1

10

10

10

10

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