Kia-Charlotta secures funding from BayStartUP, LeVi GmbH, Marketing & Beteiligungs GmbH and MDC Finance GmbH.
Kia-Charlotta, a Munich, Germany-based producer of alternative beauty products, announced that it secured ca growth investment round.
The money was raised from a range of local investors based in Germany, including angels from BayStartUP, LeVi GmbH, Marketing & Beteiligungs GmbH and MDC Finance GmbH. With the fresh capital, the founding team wants to further expand growth in the globally booming natural cosmetics market, primarily through new products.
Kia-Charlotta, founded in 2017 by Kia Lindroos and Alexander Hesel. develops and markets 100% vegan and cruelty-free cosmetics. The company produces and sells premium nail polishes DTC and via 800 wholesalers and retailers, estimating sales growth of 400% for 2021 alone.