MANTLE, a Stockholm-based company specializing in clean and clinical skincare, has announced a significant milestone in its journey with the successful closure of a funding round totaling over €2.8 million. Led by London-based venture capital firm Venrex, this round brings MANTLE’s total funding to date to more than €8 million, underscoring investor confidence in the company’s vision and growth trajectory.

The investment infusion aims to propel MANTLE’s expansion efforts across Europe and the UK, where the brand has already garnered acclaim as one of the most celebrated newcomers in the skincare space. With plans to launch in the US, Germany, and the Netherlands this year, MANTLE is poised to introduce its award-winning formulations to a broader international audience. Moreover, the funding will enable MANTLE to accelerate research and product development activities conducted at its state-of-the-art lab in Sweden, further solidifying its position as an industry leader in skincare innovation.

Since its inception in 2020, MANTLE has distinguished itself by offering transformative formulas infused with a diverse range of innovative and active biomimetic ingredients. Designed to penetrate all layers of the skin and strengthen the skin barrier, MANTLE’s products have garnered widespread recognition for their efficacy and performance.

The brainchild of branding specialist Stina Lönnkvist and entrepreneur-investor Josefin Landgård, co-founder of digital healthcare unicorn Livi, MANTLE embodies a commitment to revolutionizing the beauty industry by empowering women to embrace their natural beauty. Josefin Landgård, CEO and co-founder of MANTLE, expressed her excitement about the partnership with Venrex, stating, “Their backing is a testament to the brilliant company that we have built so far, and the immense potential to grow from here.” She emphasized MANTLE’s dedication to providing innovative, science-backed formulas that resonate with customers and drive strong retention rates.

Tom Fleming, Founder and Partner at Venrex, echoed this sentiment, highlighting MANTLE’s cult following in Scandinavia and its transformative approach to skincare formulations. He expressed confidence in MANTLE’s ability to expand its customer base and business operations across Europe and beyond, leveraging its customer-centric ethos and innovative product offerings.

MANTLE’s product portfolio spans a comprehensive range of skincare essentials, including face moisturizers, masks, serums, intimate care products, body creams, and scrubs. Available on its website and through premium retailers such as Selfridges and Le Bon Marché, MANTLE has also forged strategic partnerships with luxury establishments like Estelle Manor, where its skincare products are featured in the minibars of every room, showcasing the brand’s commitment to accessibility and premium quality.

As MANTLE embarks on the next phase of its growth journey, fueled by the support of Venrex and other strategic partners, it remains dedicated to its mission of redefining beauty standards and empowering individuals to embrace their unique skin journeys. With a relentless focus on innovation, quality, and customer satisfaction, MANTLE is poised to make a lasting impact on the skincare industry and inspire confidence in consumers worldwide.

By Admin

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