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Corporate Venture
unileverventures.com

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Investments

154

Portfolio Exits

27

Funds

5

Partners & Customers

8

About Unilever Ventures

Unilever Ventures (UV) is the global venture capital arm of Unilever. The firm invests in early stage companies which could become strategically relevant to Unilever and can benefit from access to Unilever's assets and capabilities. UV focuses its investment in: Personal Care; Digital Marketing; Refreshment; and Technology that could be deployed to help Unilever's sustainability mission.

Unilever Ventures Headquarter Location

1st Floor 16 Charles II Street

London, England, SW1Y 4QU,

United Kingdom

+44 (0)20 7321 6199

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Expert Collections containing Unilever Ventures

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

Find Unilever Ventures in 2 Expert Collections, including E-Commerce.

E

E-Commerce

22 items

F

Food & Beverage

123 items

Research containing Unilever Ventures

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CB Insights Intelligence Analysts have mentioned Unilever Ventures in 1 CB Insights research brief, most recently on Apr 8, 2021.

Latest Unilever Ventures News

How Success Happened for Selina Sykes and Laura Fruitman, CEO and CMO of The Uncovery

Jun 21, 2022

Creating Unilever's engine for experimentation and growth in beauty and well-being products. Opinions expressed by Entrepreneur contributors are their own. Innovation has always been at the heart of Unilever , from successfully re-inventing soap in the late 19th century to pioneering sustainable living today. Their current innovation agenda is fueled in part by a strong ecosystem of groundbreaking programs that explore growth opportunities beyond their existing portfolio, like China's Uni-Excubator, the Positive Beauty Growth Platform, and Unilever Ventures. The Uncovery Also on the innovation agenda is The Uncovery , a brand incubator led by CEO Selina Sykes and CMO Laura Fruitman, that brings together the best of Unilever's capabilities with the spirit of organic experimentation, to develop and launch new brands in high growth spaces and drive portfolio transformation in beauty and wellbeing. Discovering what consumers need and delivering it fast "While Unilever's core beauty brands focus on landing innovations for consumers, at the Uncovery we're enabled by our agile model to develop and experiment with digitally native brands which access spaces beyond the priority scope for our big brands. Our model allows us to move fast – our fastest launch to date has been 39 days from idea to delivery," says Selina Sykes, VP, New Business Creation at Unilever. "Beauty and wellbeing is a rapidly evolving market. In order to be at the forefront of trends and serve the consumers of the future as we wish to, we will need to be able to innovate and adapt as efficiently as possible." The Uncovery is enabled by its agile innovation model to develop new, digitally native brands in high-growth spaces that drive the transformation of Unilever's portfolio. It has built a data-driven brand development process that uses revolutionary insight capabilities, and an ecosystem of collaborators to enable the delivery of breakthrough innovation. In this way, the cross-functional teams of The Uncovery can ideate, test and experiment at speed to solve meaningful consumer problems and provide solutions for underserved needs. "Our brands at The Uncovery are providing consumers with product solutions that they not only want, but need," says Laura Fruitman, Chief Marketing Officer of The Uncovery. "We identify consumer needs and demands in spaces that are currently underserved and work quickly to find superior solutions that we can launch and test as brands with them." Developing purpose-driven brands In 2021, The Uncovery piloted the development of purpose-led brands including Mojo, For Every Type, and Ferver. Each brand was created and executed by a lean dedicated cross-functional team in a disruptive end-to-end innovation model, delivered, from idea to production in 6 months, and co-creation network of third parties and customers: Mojo a product line focused to support women to feel their best through menopause, offers holistic perimenopause solutions. The goal is to build a brand that addresses a consumer segment that often feels invisible, through a community of support, expertise and advisors. For Every Type was launched around the same time to offer premium hair care for protective styling that's healthier for natural hair. The ambition is to leave a long-lasting, positive impact on the black beauty industry with clean formulations and innovative formats. Ferver is responding to the demand for clean skincare by employing fermentation, an active powerful natural process with potency at its heart, to supercharge the efficacy of skincare actives. The Uncovery also serves to further build Unilever's capability in strategic territories, such as delivering digitally native brands with direct-to-consumer and eCommerce exclusive pure-play propositions. To date, The Uncovery has brought 7 eCommerce-focussed new brands in various high growth spaces to launch on the US market with skincare brand Ferver now available at Target. Entrepreneur Editors' Picks

Unilever Ventures Investments

154 Investments

Unilever Ventures has made 154 investments. Their latest investment was in Rael as part of their Series B on April 4, 2022.

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Unilever Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/11/2022

Series B

Rael

$35M

No

3

3/23/2022

Series C

PurePlay Skin Sciences

$35M

No

10

11/1/2021

Seed VC - IV

Ombre

$3M

No

7

9/14/2021

Series C - II

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$99M

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10

8/24/2021

Series C

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$99M

Subscribe to see more

10

Date

4/11/2022

3/23/2022

11/1/2021

9/14/2021

8/24/2021

Round

Series B

Series C

Seed VC - IV

Series C - II

Series C

Company

Rael

PurePlay Skin Sciences

Ombre

Subscribe to see more

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Amount

$35M

$35M

$3M

$99M

$99M

New?

No

No

No

Subscribe to see more

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Co-Investors

Sources

3

10

7

10

10

Unilever Ventures Portfolio Exits

27 Portfolio Exits

Unilever Ventures has 27 portfolio exits. Their latest portfolio exit was NUTRAFOL on May 31, 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

5/31/2022

Corporate Majority

$99M

1

1/31/2022

Merger

$99M

3

12/10/2021

Acquired

$99M

7

11/9/2021

Acq - Fin

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$99M

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10

6/14/2021

Acquired

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$99M

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10

Date

5/31/2022

1/31/2022

12/10/2021

11/9/2021

6/14/2021

Exit

Corporate Majority

Merger

Acquired

Acq - Fin

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

3

7

10

10

Unilever Ventures Acquisitions

2 Acquisitions

Unilever Ventures acquired 2 companies. Their latest acquisition was Iluminage on November 11, 2013.

Date

Investment Stage

Companies

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

Total Funding

Note

Sources

11/11/2013

Other

$99M

Acq - Fin

1

1/1/2008

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$99M

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0

Date

11/11/2013

1/1/2008

Investment Stage

Other

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acq - Fin

Subscribe to see more

Sources

1

0

Unilever Ventures Fund History

5 Fund Histories

Unilever Ventures has 5 funds, including New Voices Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

11/27/2017

New Voices Fund

$50M

2

4/15/2013

Unilever Ventures II

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$99M

10

9/30/2002

Unilever Ventures

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$99M

10

The Pledge for Paternity Leave

$99M

10

Unilever Corporate Ventures India

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10

Closing Date

11/27/2017

4/15/2013

9/30/2002

Fund

New Voices Fund

Unilever Ventures II

Unilever Ventures

The Pledge for Paternity Leave

Unilever Corporate Ventures India

Fund Type

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Status

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Amount

$50M

$99M

$99M

$99M

Sources

2

10

10

10

10

Unilever Ventures Partners & Customers

8 Partners and customers

Unilever Ventures has 8 strategic partners and customers. Unilever Ventures recently partnered with WPP on May 5, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

5/23/2018

Partner

United Kingdom

Unilever and WPP launch unique in-house collaboration in Singapore - WPP

Unilever Ventures and WPP launch unique in-house collaboration in Singapore .

1

10/5/2015

Partner

United States

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10

9/4/2015

Partner

Ireland

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10

9/10/2014

Partner

Netherlands

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10

2/24/2014

Partner

United States

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10

Date

5/23/2018

10/5/2015

9/4/2015

9/10/2014

2/24/2014

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United Kingdom

United States

Ireland

Netherlands

United States

News Snippet

Unilever and WPP launch unique in-house collaboration in Singapore - WPP

Unilever Ventures and WPP launch unique in-house collaboration in Singapore .

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Sources

1

10

10

10

10

Unilever Ventures Team

3 Team Members

Unilever Ventures has 3 team members, including current Chief Executive Officer, Olivier Garel.

Name

Work History

Title

Status

Olivier Garel

Chief Executive Officer

Current

Stephen Willson

Managing Partner

Current

John Coombs

Managing Director

Former

Name

Olivier Garel

Stephen Willson

John Coombs

Work History

Title

Chief Executive Officer

Managing Partner

Managing Director

Status

Current

Current

Former

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