Covalo raises €3.5M in funding extension to enhance its personal care data platform, led by Hi Inov with support from HTGF and seed+speed Ventures.
Amount Raised
€3.5 Million
Round Type
Seed
Investors
Description
Covalo, based in Switzerland, has secured €3.5 million in a funding extension to further develop its personal care data platform. This funding round was led by Hi Inov, with participation from existing investors HTGF and seed+speed Ventures. The investment will aid in expanding Covalo's offerings, including the creation of AI-based tools for workflow automation and regulatory compliance. Covalo's platform aims to streamline ingredient data management for the personal care industry.
Quick answer
Covalo raised €3.5 Million in a Seed round, dated April 2, 2026. Investors: Htgf, Seed + Speed Ventures and Hi Inov.
- How much did Covalo raise?
- Covalo raised €3.5 Million in a Seed round on April 2, 2026.
- Who invested in Covalo?
- Htgf, Seed + Speed Ventures and Hi Inov are named as investors in this round.
- What does Covalo do?
- Covalo is a Switzerland-based platform for ingredient discovery and data management in the personal care industry.
- Who are the decision-makers at Covalo?
- Fundz holds 1 contact at Covalo, including the Founder & Co-CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Analytics and Software around the same time
Companies in the same sectors as Covalo that raised within 45 days of this round, from Fundz verified event records.
- Adonis raised $40M (Series C) on March 25, 2026.
- QuartzBio raised an undisclosed amount on May 13, 2026.
- Ditto raised $8.9M (Funding Round) on May 12, 2026.
- ThoroughCare raised $2.3M (Seed) on May 8, 2026.
- Tessera raised an undisclosed amount (Series A) on May 5, 2026.
- profitize raised $1.6M (Seed) on May 5, 2026.
Who to call at Covalo, and when
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- An alert the day Covalo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Covalo, from your own LinkedIn network
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Related People
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