Unilever Ventures has joined as a lead investor of Nutrafol, a nutraceutical supplement for hair growth for men and women.
Investments from Unilever Ventures, and other strategic partners, will be used by Nutrafol to progress scientific research, product development and drive growth in the medical, salon and e-commerce channels.
Stephen Willson, investment director of Unilever Ventures, said, “Hair loss is a global issue affecting millions of men and women every day. The founding team at Nutrafol, a nutraceutical supplement, has done a phenomenal job disrupting the status quo of the hair loss industry by shifting the paradigm in how western medicine talks about hair loss. Consumers are demanding natural solutions that work- the high trajectory growth of the brand is indicative that Nutrafol is on the frontier of that.”