In this article, we delve into the dynamic and ever-expanding realm of skincare and beauty, focusing on the vibrant European market. This sector presents a wealth of opportunities for both established brands and innovative new entrants. With a diverse array of products and treatments tailored to meet a multitude of skincare and beauty needs, the market is a hotbed of creativity and technological advancement.
We have curated a list of 10 promising startups focused on skincare and health, founded between 2019 and the present. These startups are at the forefront of combining technology, health, and environmental consciousness, offering everything from AI-powered diagnostic tools to personalized beauty routines and sustainable skincare products. As we explore these startups, which range from diagnostic solutions for skin cancer to digitized personal care platforms, we’ll uncover how each is contributing to a healthier, more sustainable, and more conscious world. Let’s get right into it!
AI Medical Technology: Based in Stockholm they are dedicated to developing AI-powered diagnostic solutions that enable frontline healthcare practitioners to make diagnoses that are easier, faster, and more reliable. Currently undergoing clinical validation, their first product, ‘Dermalyser,’ is a support tool for diagnosing all skin cancers. Founded in 2020, they have secured over €940K in funding.
Avea Life: Headquartered in Zug, Switzerland, Avea Life specialises in personalised, science-backed supplements for anti-ageing and wellness. Their mission is to promote vibrant health and longevity, promising visible improvements within three months. Founded in 2021, they have raised over €5 million.
Clear: Located in London, Clear is a skincare app that offers personalised product recommendations and routine tracking for all skin types. It features a supportive community for sharing experiences and advice and provides tools for identifying skin types and monitoring skincare progress. Founded in 2021, the company has raised over €750K.
Dermanostic: Headquartered in Düsseldorf, Dermanostic offers dermatological consultations where patients upload skin photos and fill out a questionnaire, which is then analyzed by dermatology experts. Founded in 2020, the company has raised over €1.8 million and has successfully treated over 150,000 patients globally so far.
FORMEL Skin: Berlin-based FORMEL Skin is a health tech startup offering AI-powered and personalised dermatological treatments. Patients simply register online, complete a questionnaire, and upload photos for a dedicated doctor to assess. Founded in 2020, they have secured €35 million in funding.
Fussy: London-based Fussy is a sustainable personal care brand known for its deodorants with compostable refills, focusing on reducing single-use plastic in bathrooms. Originating from a successful Kickstarter campaign in 2020, the company has raised over €1.9 million, continually striving to raise environmental and quality standards.
HAIR & SKIN: Headquartered in Winterthur, Zurich, HAIR & SKIN is a medical retail company with fully digitalised clinics focused on autologous blood therapies and hair treatments. Their goal is to make these treatments, including hair transplants, accessible and affordable to a wider audience. Founded in 2020, they have raised over €7.8 million.
IndēWild: Amsterdam-based Indē Wild is a beauty brand that celebrates South Asian heritage, merging natural Ayurvedic practices with modern science in their product formulations. Co-created with its community, the brand focuses on simple, effective skincare routines and embraces diversity. Founded in 2021, the company has secured over €2.7 million.
Swan Beauty: Hamburg-based Swan Beauty offers personalised beauty videos through a smart mirror that integrates into any space, providing a sophisticated, interactive beauty experience. Their app allows users to follow and create personalised beauty content and offers advanced features like LED Beauty Light and a Full HD touchscreen. Founded in 2021, they have raised over €1.4 million.
Yepoda: Headquartered in Berlin, Yepoda merges Korean beauty expertise with sustainable solutions, offering skincare products. The brand makes K-Beauty more accessible in Europe and emphasises clean, vegan, and eco-friendly beauty practices. Yepoda donates 1% of every order to environmental projects, aligning beauty with ecological responsibility. Founded in 2019, they have raised over €1.5 million.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!
