Beauty brand Junoco secures Series A funding
California-based sustainable skincare brand Junoco announced on Tuesday that it has raised $6.3m in Series A funding.
The funding round was led by Vision Plus Capital, with participation from Frees Fund.
The company intends to use the funds to introduce more skus, to upgrade its current collections with refillable packaging and to incorporate more upcycled ingredients into upcoming collections.
Founded by Kyle Jiang and Mira Peterson, Junoco is known for embracing minimal ingredients with products like its 10 ingredients cleansing balm, which sold more than 500,000 pieces within the first year of launch. Other popular products include its 'Clarifying Cleansing Powder, its Kale-No-More' pore clay mask, and 'Cleansing Cookie' cloth, among others.
The company says its mission is to “move away from the traditional beauty market, which relies on certain standards of “perfect skin” and standardized beauty, to sustainable, yet simplified formulas, one skincare product at a time.”
Earlier this month, the Junoco team also launched its first street-takeover project in San Francisco to invite people to celebrate the beauty of human imperfections and to raise awareness about how true beauty is boundless.
Looking ahead, the company is expected to introduce a body scrub. Products are available to purchase at Junoco.com.
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