BYBI’s $7 Million Series A Funding Round

Charles Russell Speechlys advised Clean Beauty Co Ltd on the deal.

The $7million Series A Funding Round is supported by Point King Capital and Unilever Ventures.

The Series A Funding Round comes at a time when people around the world are becoming more conscious of the products they purchase, and the ingredients being used, in a bid to help save the environment. The vegan cosmetics industry is experiencing steady growth and is expected to reach USD20.8 billion by 2025.

Founded by Dominika Minarovic and Elsie Rutterford in 2017, BYBI is a 100% natural, vegan and cruelty free skincare brand. BYBI’s vision is to bring climate conscious products to the masses. It is passionate in its fight against carbon, with a goal of becoming the first carbon negative beauty brand. In addition to the beauty products being formulated with the environment in mind, the packaging for BYBI’s products are made from recyclable materials, resulting in a positive environmental impact.

BYBI products are currently stocked at ASOS, Boots, Content Beauty, Fabled, Feel Unique, Lookfantastic, Morphe, Naturismo, Sephora and some of the leading websites stocking beauty products. BYBI products are also stocked in Europe, South East Asia, the United States of America, Canada and Oceania.

The Charles Russell Speechlys deal team was led by Corporate Partner, Rebecca Burford (Picture) and supported by Corporate Associate, Pei Li Kew.

Involved fees earner: Rebecca Burford – Charles Russell Speechlys; Pei Li Kew – Charles Russell Speechlys;

Law Firms: Charles Russell Speechlys;

Clients: BYBI;