THE WHAT? South Korean retail company Shinsegae Group is reportedly set to invest in U.S. feminine care wellness brand Rael as part of its US$50 million series B funding round, according to a report by Pulse News.
THE DETAILS Based in California, Rael was founded by three Korean women in 2017 and has since grown rapidly both on and offline.
Shinsegae’s corporate venture capital firm Signite Partners is allegedly set to act as a new investor with a US$23 million investment.
Rael’s corporate value was estimated at US$200 million for the new funding.
THE WHY? With K beauty maintaining its appeal, and feminine wellness shaking off its taboo stigma thanks to the likes of wellness lifestyle brands Goop and Poosh, it’s undoubtedly a lucrative investment to make.
Aesthetic injectable companies refer to businesses or companies that specialize in manufacturing, distributing, or providing aesthetic injectable products and services. These companies focus on developing and supplying injectable substances used for cosmetic purposes, typically administered by qualified medical professionals. Aesthetic injectable companies play a crucial role in the field of aesthetic medicine and cosmetic dermatology by offering a variety of injectable products designed to enhance facial features, reduce wrinkles, and improve overall skin appearance.
Key aspects of aesthetic injectable companies include:
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Product Development: These companies research, develop, and manufacture aesthetic injectables such as dermal fillers, botulinum toxins (e.g., Botox), collagen stimulators, and other specialized formulations. They often innovate new products to meet evolving market demands and technological advancements.
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Distribution and Sales: Aesthetic injectable companies distribute their products through authorized channels, including healthcare providers, medical spas, and aesthetic clinics. They may also sell directly to licensed professionals who administer these treatments.
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Regulatory Compliance: Due to the medical nature of their products, aesthetic injectable companies adhere to strict regulatory guidelines and obtain necessary approvals from health authorities (e.g., FDA in the United States) to ensure safety, efficacy, and quality standards.
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Training and Support: Many companies provide training and educational support to healthcare professionals on the proper use, administration techniques, and safety protocols associated with their injectable products. This ensures that practitioners can deliver treatments effectively and safely.
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Customer Support: Aesthetic injectable companies offer customer support services to healthcare providers and consumers, addressing inquiries, providing product information, and assisting with product usage and troubleshooting.
