×
Ads
Published
Nov 13, 2022
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Augustinus Bader closes $25 million strategic funding round

Published
Nov 13, 2022

Luxury skincare and hair care brand Augustinus Bader has closed a $25 million strategic funding round, bringing the company’s value to $1 billion.

Augustinus Bader closes $25 million strategic funding round - Augustinus Bader


The funding round was led by historical investor Impala and newcomer General Atlantic, with the participation of Antoine Arnault, Natalia Vodianova and Javier Ferrán. 

The investment is expected to support the company’s global growth, including plans to scale in China, key Asia Pacific markets and Travel Retail. Likewise, Augustinus Bader plans to maximize continued expansion in the U.S. market with increased brand awareness and marketing initiatives. 

The brand was founded in 2018 by Charles Rosier and doctor Augustinus Bader. It is recognized for its products formulated with TFC8 technology and backed by three decades of research in skin healing and tissue repair. Its hero products include The Rich Cream and The Cream, which has earned the company over 100 global awards since launch.

Most recently, in October, the brand opened its first-ever pop-up shop, located in Los Angeles' The Grove shopping precinct, in partnership with U.S. luxury department store Nordstrom

Charles Rosier, CEO said, “Reaching unicorn status is a very proud moment for the Augustinus Bader brand. We welcome an investor group of this calibre to our shareholder base as we focus on the strategic expansion of our business. We believe there is a significant opportunity to reach more customers globally and look forward to Augustinus Bader’s next phase of growth as we aim to redefine luxury skin and hair care.”

Copyright © 2023 FashionNetwork.com All rights reserved.