THE WHAT? Swiftarc has announced the launch of a US$10 million Beauty Fund focused on backing female-led beauty and wellness brands.
THE DETAILS The Swiftarc Beauty fund is supported by a management team of industry veterans alongside an all-female Beauty Council comprising influential industry investment and beauty start-up executives.
THE WHY? Swiftarc Ventures said in a statement, “While this is just the beginning, we are committed to doing our part in forging a more equitable future where female entrepreneurs and underrepresented founders are given equal access to the funding and resources they deserve.”