텍트그룹 Aims for Global Beauty Branding with Seed Investment
Deal News | Jan 21, 2025 | Kakao Ventures Corp
텍트그룹, a budding player in the beauty industry, has successfully secured seed investment from Kakao Ventures. This funding aims to accelerate 텍트그룹's growth into a global beauty brand entity. Founded in 2019, this company has been making waves with its promise of meshing IT and K-beauty, offering a unique blend aiming at the global consumer market. The company envisions becoming a leader in the beauty sector, with a focus on integrating technological innovation into the heart of Korean beauty. This strategic funding is set to leverage 텍트그룹's market reach, enhancing its ability to lead in the industry. The plan includes launching new premium K-beauty products to solidify its stance as a global influencer. Kakao Ventures' investment signifies a vote of confidence in 텍트그룹's vision and potential for expansion.
Sectors
- Beauty and Personal Care
- Technology
Geography
- South Korea – This is the base for both 텍트그룹 and Kakao Ventures, and the origin of the K-beauty movement that 텍트그룹 is part of.
Industry
- Beauty and Personal Care – 텍트그룹 is aspiring to become a global entity in the beauty sector, indicating their focus within the Beauty and Personal Care industry.
- Technology – Kakao Ventures' investment supports the integration of IT solutions into 텍트그룹's beauty offerings, aligning with the Technology sector.
Financials
- Seed Funding – Seed investment received by 텍트그룹 from Kakao Ventures to aid in becoming a global beauty brand.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| 텍트그룹 | Target Company | Company | A company founded in 2019 aiming to integrate IT and beauty, transforming into a global beauty brand. |
| Kakao Ventures | Investor | Company | A private equity firm investing seed capital into 텍트그룹 to support its global expansion in the beauty sector. |