Natural makeup brand Kosås has a group of new investors with expertise ranging from entertainment to fashion and digital — including Scooter Braun, the Man Repeller’s Leandra Medine and Arielle Charnas of Something Navy.
The three-year-old Los Angeles-based brand last month closed a Series A round of funding with investments by M3 Ventures, Braun’s TQ Ventures, Medine and Charnas, WWD has learned. The deal marks Braun’s first investment in the beauty space. TQ Ventures, a venture firm in which he is a partner with Schuster Tanger of the Tanger Outlets family, has primarily focused on wellness-related brands, such as Liquid IV and Bear’s Fruit Kombucha. It is also Charnas’ first time investing in a beauty brand and Medine’s second — she invested in skin-care brand Drunk Elephant last year. M3 focuses on brands that relate to “healthy living and youth culture” — it has invested in Van Leeuwen Artisan Ice Cream, a New York-based vegan ice cream company, and the activewear label Carbon38.
Source: Read Full Article