Skincare brand Silk Therapeutics has secured $11m in series A3 funding, raising capital from Kraft Group and Lear Corporation among others.
Diversified conglomerate Kraft Group has co-led an $11m series A3 round for US-based skincare product maker Silk Therapeutics that included car component manufacturer Lear Corporation also contributing.
Private investor Jeff Vinik co-led the round with participation from angel investor Roy Disney and Altman Health Investments, the seed fund run by Silk Therapeutics co-founders Greg Altman and Rebecca Horan.
Founded in 2013, Silk Therapeutics develops, manufactures and sells skincare products based on silk materials. It plans to expand into the performance…