Unilever20 Jul 2022 19:13
If any new investors wondered about the Unilever JV suspicions here's some info gathered from posters like Gidget, Smeeno, Chesh and others on here.
Might be putting 2 and 2 together but.. Hopefully I'll get the order of relevance in order!
Unilever have been Labskins customer for many years and partners on numerous projects (friends x)
Unilever is delving into the microbiome, the next big trend in skin care https://www.glossy.co/beauty/unilever-is-delving-into-the-microbiome-the-next-big-trend-in-skin-care/
UNILEVER-BACKED CATHAY INNOVATION RAISES US$1 BILLION TO INVEST IN TECH START-UPS (Gerry's Tweet) https://twitter.com/gjbrandon/status/1547590677038387201?s=20&t=iD8-9BeptPpiQ3Hc5QK0rA
"UNICORNS"
Since then, we’ve backed over 120 early-stage startups at the center of digital revolution across Europe, Asia and North America. Of these small, emerging startups, 19 have already become Unicorns such as Chime Bank, Wallbox (NYSE: WBX), Ledger, Glovo (acquired by Delivery Hero), Pinduoduo (NASDAQ: PDD), Owkin, Sidecar Health, Zen Business, FinAccel, Drivy (acquired by Getaround) and Momenta. We’ve expanded to emerging markets with dedicated teams and funds covering Africa (partnering with AfricInvest), Southeast Asia and Latin America (alongside Seaya Ventures). Apart from our last $750M Global Innovation Fund, we’ve also launched several specialized funds in areas like seed fintech, energy, cartech and Web3 (in partnership with Ledger) along with our Fund of Funds, Cathay InnoSquare. https://medium.com/cathay-innovation/1b-to-invest-in-startups-transforming-industries-society-39e1fa2721f7