- Other investors include Fine Structure Ventures, Material Impact, GS Futures, Cavallo Ventures, Cultivian Sandbox Venturesand ACVC Partners
- In August 2021, Debut raised $22.6 million in Series A funding led by Material Impact
- French personal care company L’Oréal generated sales of 38.26 billion euros
Debut, a synthetic biology company that manufacturers beauty ingredients, has raised $34 million in Series B funding.
L’Oréal’s venture capital fund BOLD led the round.
Additional participating investors include Fine Structure Ventures, Material Impact, GS Futures, Cavallo Ventures, Cultivian Sandbox Venturesand ACVC Partners.
In August 2021, Debut raised $22.6 million in Series A funding led by Material Impact. This capital helped Debut scale its ingredient development model, establish its in-house brand incubator, and grow into its 26,000-square-foot facility in San Diego.
French personal care company L’Oréal generated sales of 38.26 billion euros.