Luxe oxygenated skincare brand Element Eight has closed a $6 million funding round and announced a slew of recent appointments, including former Sephora chief executive Martin Brok as a board member.
The brand raised $2.5 million from existing investors and an extra $3.5 million from latest investors, pushing the entire raised thus far as much as $7.9 million.
“With 45 percent of the round coming from surgeons, dermatologists, and PhD scientists, we have now a powerful validation of the scientific acumen of the brand. We were more than happy to even have participation from private family offices with experience in beauty investing, who accounted for 34 percent of the round,” said chairman and cofounder Bradley Patt.
He added that it can proceed onto...
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