Global investment firm Verlinvest has made a minority investment in French luxury skincare brand Cible Skin, which will go towards accelerating the company’s growth across Europe, China and the US and supporting its development of new products and treatments.
Verlinvest’s consumer-focused portfolio includes Swedish food company Oatly, European tomato brand Mutti, Dutch confectionery company Tony’s Chocolonely, Indian online beauty marketplace Purplle and US university admissions company Collegewise.
Its venture arm, V3 Ventures, currently backs cat food subscription brand KatKin and K-beauty brand Yepoda, and previously backed German grocery delivery company Gorillas, which was acquired by Turkish rival Getir in 2022.
Cible Skin was founded in 2015 by Dr Raphaël Aknin and Jean Ginefri. According to a press release, the brand “takes a rigorous, research-backed approach to developing high-quality formulations, made in France with the best natural, clean, active ingredients, and offers skincare products including cleansers, serums, and moisturisers”. The brand also offers treatments at its flagship clinic in Paris, La Maison Cible Skin.
In a statement, Ginefri said: “With this investment from Verlinvest, Cible Skin will be able to accelerate deployment in our two main markets, France and China, while evaluating potential for further expansion across Europe and America.
“Our goal over the next five years is to become the market leader in luxury, science-backed, cosmetics and we believe Verlinvest is the perfect partner to help us on this path, with their track record of supporting strong international growth while preserving and strengthening the DNA of the brands they back.”
Raphael Thiolon, Managing Director at Verlinvest, added: “It is rare in the beauty industry to find a brand like Cible Skin which combines a truly innovative product offering with a science-backed mission and phenomenal results that customers love.”