THE WHAT? Venture capital group Cathay Innovation is raising US$1 billion to back tech start-ups, according to a report by Bloomberg.
THE DETAILS The third fund for the group, which is backed by Unilever and energy company TotalEnergies, it is focusing on sectors including digital health and financial technology companies.
The company will make investments of between 5 million euros to 80 million euros.
THE WHY? The investment fund comes amidst the current financial environment cutting tech valuations due to rising interest rates and inflation fears.
Co-Founder Denis Barrier said in an interview, “Valuation is lower in the market, so if you believe in tech, if you believe in the power and growth of digital platforms, for sure this is a very good time to invest.”
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
