Investments
35Portfolio Exits
6Partners & Customers
8About 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
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.
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
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.
Unilever Foundry Investments Activity
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 | |||||
12/1/2017 | Seed |
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 | ||
Amount | |||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 1 | 1 |
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 | 11 | |||
Date | 1/13/2022 | ||||
---|---|---|---|---|---|
Exit | Acq - Fin | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 11 |
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 | ||||
4/20/2018 | Partner | ||||
10/10/2017 | Partner | ||||
7/13/2017 | Partner |
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 | ||||
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 . '' | ||||
Sources | 1 |
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