American beauty start-up brand Droplette completes round B financing of US $15.4 million
Recently, the US beauty beauty startup brand Droplette completed a $15.4 million B round of financing, which was led by Victress Capital and Spark Capital, while Bolt Ventures and Amplifyher Ventures continued to follow.
It is understood that Droplette was founded by Madhavi Gavini and Rathi Srinivas in Boston at the end of 2017. CEO Madhavi Gavini graduated from the Massachusetts Institute of Technology (MIT) and previously worked at Novopyxis, a drug developer in Cambridge, Massachusetts. This round of financing will accelerate Droplette's entry into new markets, expand its end-to-end automated capsule manufacturing technology, and promote the development of new products and technologies.
Droplette products are mainly divided into beauty instrument and active capsules, which apply physical principles to convert drugs into small molecular sprays that are easier to absorb. Active capsules use vegan, zero-cruel, flavor-free formula for different skin care needs, such as anti-aging, brushing acid and so on. In addition, Droplette has the support of NASA (NASA).