Covalo raises €1.5M Seed round

7 June 2023· Zurich, Switzerland· manufacturing, health, ai, industrial_software, b2b, pure_software

The fresh capital will be used to scale Covalo’s platform, which helps beauty and personal care brands find and connect with suppliers of raw materials, and to expand into new markets, including the US.

Investors

LeadMassMutual Ventures
Also participating
High-Tech Gründerfonds

About Covalo

Stage
Seed
Headquarters
Zurich, Switzerland
Founded
2021
Team Size
21–50
Sectors
manufacturinghealthaiindustrial_softwareb2bpure_software

Source: https://www.eu-startups.com/2023/06/swiss-based-covalo-secures-e1-5-million-to-expand-its-sourcing-platform-for-personal-care-ingredients/