THE WHAT? Liha Beauty has raised £1 million via a funding round led by private equity. The investment follows the £200,000 raised by the UK-based organic skin care brand pre-pandemic.
THE DETAILS According to a report published by WWD, the brand is planning series of pop-ups in London, UK to encourage trial and could expand internationally in the near future.
THE WHY? The investment will be used to build the team, allowing the Co-founders to be ‘more forward facing’, per WWD, quoting Co-founder Liha Okunniwa.