SWEN Capital Partners supports Fairglow through a €3 million fundraising round, alongside Ternel and Kima Ventures.
Fairglow is an environmental platform dedicated to the cosmetics industry. It supports companies in the sector in measuring, analyzing, and reducing the environmental impact of their beauty and health products, notably through Life Cycle Assessments (LCA) and carbon footprint analyses.
The platform also enables brands to highlight their environmental performance, anticipate regulatory developments, and facilitate the eco-design of more sustainable products.
This fundraising will allow Fairglow to accelerate its development around four strategic priorities:
- Expanding and enriching its sector-specific database, now one of the most comprehensive for beauty industry players
- Strengthening its environmental modeling engine, with the integration of artificial intelligence capabilities to improve data reliability and depth
- Early deployment of the Digital Product Passport (DPP) to help clients prepare for upcoming European regulatory requirements
- Accelerating commercial expansion across Europe, where demand for sustainable products continues to grow
This marks a new key milestone for Fairglow, which aims to become a leading player in the environmental transition of the cosmetics industry.
Congratulations to the four founding partners: Quentin Carayon, Evan Peters, Jason Melbourne, and Daniel Chen.