Powder Beauty raised an undisclosed amount in a pre-Series A round led by Sophia Collective and NKHEL to scale its operations in Saudi Arabia.
Round Type
Pre-Series A
DubaiE CommerceFashionRetailBeautyLifestyleCosmeticsInvestors
Description
Powder Beauty has successfully closed its pre-Series A funding round, led by Sophia Collective and NKHEL. The funding will help the startup scale its operations in Saudi Arabia, responding to the growing demand for eco-conscious beauty products.
Quick answer
Powder Beauty raised an undisclosed amount in a Pre-Series A round, dated August 26, 2024. Investors: Nithin Kamath, Nikhil Kamath, Maha Taibah, Sophia Collective and Nkhel. Powder Beauty is based in Dubai, Dubai, United Arab Emirates.
- How much did Powder Beauty raise?
- Powder Beauty raised an undisclosed amount in a Pre-Series A round on August 26, 2024.
- Who invested in Powder Beauty?
- Nithin Kamath, Nikhil Kamath, Maha Taibah, Sophia Collective and Nkhel are named as investors in this round.
- What does Powder Beauty do?
- Powder Beauty is the Middle East’s first female-owned and operated e-commerce platform for conscious beauty and wellness products, founded in 2018 by Ayat Toufeeq, Amina Grimen, and Marriam Mossall.
- Where is Powder Beauty based and how big is it?
- Powder Beauty is based in Dubai, Dubai, United Arab Emirates.
- Who are the decision-makers at Powder Beauty?
- Fundz holds 1 contact at Powder Beauty. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Powder Beauty that raised within 45 days of this round, from Fundz verified event records.
- Moxie Beauty raised $2.1M (Angel) on July 29, 2024.
- SEEN raised $9M (Series A) on September 25, 2024.
- Oak Essentials raised an undisclosed amount (Series A) on September 24, 2024.
- Salt Oral Care raised an undisclosed amount (Seed) on September 17, 2024.
- RŌZ raised an undisclosed amount (Seed) on August 12, 2024.
- Summer Fridays raised $15M on July 26, 2024.
Who to call at Powder Beauty, and when
A new round usually means Powder Beauty is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Powder Beauty raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Powder Beauty, from your own LinkedIn network
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Related People
Powder Beauty raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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