L’Oréal launches fund backing female-led start-ups

L’Oréal has launched a ‘BOLD Female Founders’ investment fund to support start-ups founded by female entrepreneurs, backed by 25 million euros.

The initiative will be developed by the group’s venture capital fund, called BOLD - Business Opportunities for L’Oréal Development, and will focus on investment opportunities worldwide across the wider beauty ecosystem, including brands, beauty tech, biotech, and green science.