Charles Russell Speechlys In Guildford Advises Vegan Cosmetic Company, BYBI On $7 Million Series A Funding Round
A team from Charles Russell Speechlys in Guildford has advised vegan cosmetics company, the Clean Beauty Co Ltd (trading as BYBI) on its $7million Series A Funding Round, which is supported by Point King Capital and Unilever Ventures.
The Series A Funding Round comes at a time when people around the world are becoming more conscious of the products they purchase, and the ingredients being used, in a bid to help save the environment. The vegan cosmetics industry is experiencing steady growth and is expected to reach USD20.8 billion by 2025.
Founded by Dominika Minarovic and Elsie Rutterford in 2017, BYBI is a 100% natural, vegan and cruelty free skincare brand. BYBI’s vision is to bring climate conscious products to the masses. It is passionate in its fight against carbon, with a goal of becoming the first carbon negative beauty brand. In addition to the beauty products being formulated with the environment in mind, the packaging for BYBI’s products are made from recyclable materials, resulting in a positive environmental impact.
BYBI products are currently stocked at ASOS, Boots, Content Beauty, Fabled, Feel Unique, Lookfantastic, Morphe, Naturismo, Sephora and some of the leading websites stocking beauty products. BYBI products are also stocked in Europe, South East Asia, the United States of America, Canada and Oceania.
The Charles Russell Speechlys deal team was led by Corporate Partner, Rebecca Burford and supported by Corporate Associate, Pei Li Kew.
Dominika Minarovic, Co-Founder of BYBI commented: “The team at Charles Russell Speechlys has been excellent from start to finish. They have been super responsive, supportive, and fully understanding of our brand and vision. Rebecca, in particular, has provided invaluable and commercial advice at every stage of the way. We are so excited to be able to expand our operations into the United States and continue working towards our goal of becoming the first ever carbon negative beauty brand as a result of this Series A Funding Round.”
Rebecca Burford, Partner, Charles Russell Speechlys commented: “It was an absolute pleasure to assist Dominika and Elsie. They are a thoroughly inspiring strong female team who have created an exceptionally strong brand that continues to grow. Advising both early stage companies and companies in the retail sector are key area of focus for the firm, so I am particularly excited to see Dominika and Elsie take BYBI to the next stage, with the expansion into the United States, enabled by the Series A funding.”
Charles Russell Speechlys employs over 160 staff in its Guildford office at One London Square and provides a full range of services to businesses and private clients in the region, backed by the resources of an international law firm. For further information, please visit www.charlesrussellspeechlys.com
IBA Annual Conference
The IBA heads to Miami for its 2022 Annual Conference bringing together thousands hundreds of lawyers from around the world.
What can UK investors interested in Life Sciences learn from their more experienced, including US, counterparts?
The recent tie-up between Canary Wharf and Kadans demonstrates the enthusiasm to access the lucrative UK life sciences market.
Helen Coward writes for Tax Journal on the main purpose test for SDLT group relief
Mainly ignored? The main purpose test for SDLT group relief
The Ayes have it - Collateral Warranties can be a ‘Construction Contract’
The Court of Appeal handed down its judgment in the case of Abbey Healthcare (Mill Hill) Limited v Simply Construct (UK) LLP
Charles Russell Speechlys advises Caretech Holdings PLC on its proposed £870.3 million take private
Charles Russell Speechlys is advising the independent board of Caretech Holdings PLC, in its take private sale to Amalfi Bidco Limited.
Charles Russell Speechlys advising Battery Ventures on the sale of SPT Labtech for £650 million.
Battery Ventures has raised over $9 billion to invest in software and services, enterprise infrastructure, and much more around the world.
Windrush Day 2022 – supporting access to justice
Charles Russell Speechlys is proud to continue supporting survivors of the Windrush scandal in their fight for justice.
The Leasehold Reform (Ground Rent) Act 2022: Landlords and developers beware serious sanctions for non-compliance
The Leasehold Reform (Ground Rent) Act 2022 received Royal Assent on 8 February 2022 and will come into force on 30 June 2022.
EG quotes Emma Preece on the Picturehouse and BNY Mellon rent arrears cases
“The case is being closely watched by landlords and tenants alike as the impact of the pandemic lives on in the commercial property sector”
Charles Russell Speechlys has advised long-standing client Stonegate on a series A investment into Peckwater Brands
Stonegate is one of the largest pub companies in the UK with a rich portfolio that covers over 4,500 sites.
Pro bono support for major office premises move for charity in Stoke-on-Trent
Emmaus entities provide safe homes, community support and meaningful work to formerly homeless people across the UK.
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups in the UK
Julia Cox and Felicity Chapman write for International Adviser on the rise of pre-nups
Property Patter: Reasonable Endeavours
What does it mean to use ‘best’, ‘all’ or ‘reasonable’ endeavours?
Could the UK’s Life Sciences Vision be restricted by its Immigration Policy?
We explore some of the visa options that may be open to businesses in the sector and their relative pros and cons.
New Swiss succession law on the transfer of businesses
On 10 June 2022, the Federal Council adopted its Message amending the Civil Code on the transfer of businesses by succession.
Health on the shelf – Unexpected backtrack on junk food promotions
Joshua Green writes for Spear's Magazine on Wagatha Christie’s lessons for HNWs
Wagatha Christie’s lessons for HNWs
Stephanie Bonnello writes for the Practical Law Dispute Resolution blog on witness evidence
When are witness summaries permitted instead of witness statements and when should material be struck out from a witness statement?
Hannah Turner writes for the EG Legal Q&A on the validity of a section 21 notice
Q&A: Tackling technicalities and typos
Emma Humphreys and Paul McCarthy write for Property Week on the new landlord digital ID checks
Emma Humphreys and Paul McCarthy write for Property Week on new landlord digital ID checks