BOLD corporate venture fund of L’Oréal

WHO WE ARE

We are the venture capital fund of L’Oréal. We invest in startups creating the beauty that moves the world.

Our mission is to partner with extraordinary entrepreneurs to seize what’s next in beauty while upholding our key values: passion, innovation, open-mindedness, entrepreneurial spirit, excellence, and responsibility.

Global in scope, our strategic corporate venture fund explores the frontier of beauty via minority investments in promising startups across the beauty value chain

OUR INVESTMENT AREAS

BRANDS

Emerging brands with strong stories and disruptive potential, as well as innovative services promoting integrated wellness, health, and beauty
AUGMENTED BEAUTY

Data- or tech-augmented innovations in the beauty industry where L’Oréal has been a leader for over a century
BIOTECH & GREEN SCIENCE

Advanced innovations in biotech and green science that propel us towards ever-greater sustainability and circularity
TECHNOLOGY ENABLERS

Software platforms and services amplifying the retail experience and accelerating the digitalization of the beauty industry, for both consumers and professionals

OUR INVESTMENT APPROACH

VALUABLE OPERATIONAL PARTNERSHIP
Our portfolio companies receive mentorship and operational advice from product, retail, digital, and research & innovation specialists from the L’Oréal ecosystem

OPEN DOORS
Our startups have ongoing opportunities to meet strategic partners, innovators, industry experts, investors, and founders in our worldwide beauty & tech network

RESPECT & TRUST IN OUR FOUNDERS
We prioritize positive, nurturing relationships with our portfolio companies while respecting their autonomy and governance

WE SHARE

the same values

Passion, innovation, entrepreneurial spirit, open-mindedness, excellence, responsibility

& principles

Integrity, respect, courage, transparency

HOW WE WORK

A TAILORED APPROACH
We adapt to your needs, offering you the contacts and mentorship that fit your mission and goals

A LONG-TERM VISION
We never think short-term, as every investment we make is strategic

READY TO LISTEN
We know we have as much to learn from you as you have to learn from us, and we are ready to listen

SELECTED INVESTMENTS

CEO testimonials for BOLD

We are very proud to be the partner of the passionate entrepreneurs. Here are testimonials from our portfolio companies.

Francis S. Maheu

CEO and Co-Founder of Functionalab Group

In BOLD and L’Oréal, we have found a strategic partner that goes beyond an investor, which is very refreshing and motivating. Their unique understanding of our industry, their focus on building the business and their long-term views make them unique in seeing the “bigger picture” and in their ability to add value. We always feel a strong alignment and their desire to support management in executing our plans and making our ambitions reality. We feel privileged to have them alongside us.

Marc Delcourt

CEO and Co-Founder of Global Bioenergies

Since its investment into Global Bioenergies in June 2019, we experienced a permanent support from BOLD, who provided significant input in the permanent reevaluation of business options and reinforced our interactions with the L’Oréal Group, while taking care of preserving the company’s independence.

Martin Stephan

Deputy CEO of Carbios

Committed for many years to circular economy, L'Oréal and then its corporate venture fund BOLD were among the first to engage with Carbios to support the development of our technology for enzymatic recycling of PET plastics. This unprecedented collaboration has generated concrete actions together with the provision of human, technical and financial means. The team at BOLD, who shares with us our values of innovation, passion and entrepreneurship, contributes to strengthen our expertise and to help us benefit from an ecosystem of excellence to accelerate the industrialization of our technology.