Beauty and wellness venture capital firm Sekhmet Ventures has announced that its portfolio partner Codex Beauty LLC (Codex) has closed its Series A round.
Codex, which was established by Sekhmet founding partner Barbara Paldus, is a global collective of skin care brands dedicated to natural, science-backed beauty products. Its global leadership team consists of experts from a variety of disciplines, including herbal science, cosmetic chemistry, dermatology, biotechnology, process automation, and optical spectroscopy.
“In the beauty and wellness space, there often exists an idea that ‘completely natural’ and ‘scientifically derived’ are mutually exclusive product attributes,” said Jacqueline Kissenpfennig, chief international business officer of Codex. “With our diverse team of experts and proprietary development processes, Codex Beauty is able to bridge that gap and offer products that are efficacious and are derived from the best plant ingredients our world has to offer.”
Related: Beauty-Centric Venture Capital Fund Sekhmet Launches
The company manufactures according to pharmaceutical standards, adhering to cGMP guidelines. Each product undergoes quality control and batch testing, and third-party certifications—such as EcoCert COSMOS, EWG Verified and MadeSafe—are sought.
“Codex utilizes a pharmaceutical approach to manufacturing and adheres to strict quality standards, so clean beauty customers can be confident that all products are safe,” added Sunna Helgadottir, Codex chief operating officer. “Codex also strives to offer products that perform well, and whose efficacy can be clinically demonstrated. We look forward to sharing these results with our customers.”
