Unilever Ventures returned to participate in an L Catterton-led series B round that will fund the hair supplement developer's marketing and research and development activities.
US-based hair growth supplement developer Nutrafol secured $35m on Tuesday in a series B round featuring Unilever Ventures, the corporate venturing subsidiary of consumer goods manufacturer Unilever.
The round was led by private equity firm L Catterton and it comes after a series A round of undisclosed size for Nutrafol in 2017 that was led by Unilever Ventures and backed by undisclosed strategic partners.
Nutrafol produces natural supplements that are designed to improve the growth, strength, density and texture…