We Are Paradoxx Raises £3 million to Expand into U.S. Market

Irish hair care brand We Are Paradoxx has raised £3 million from investors including Tom Singh, founder of New Look, and Northern Ireland-based investors, Techstart Ventures and CoFund NI, according to The Irish Times.

Previously: Madison Reed Raises $52 Million to Expand Omnichannel

The funding will reportedly be used to expand into the U.S. market and for new product development, including hair tools. 

We Are Paradoxx raised £700,000 as part of the larger seed round.

According to The Irish Times, We Are Paradoxx reached 25% year-on-year growth during the pandemic. Its online sales increased 137%.