# Arcaea

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arcaea

- Industry: Consumer Products
- Headquarters: Boston, US
- Website: www.arcaea.com
- Total disclosed funding: $78M
- Latest round: Series A (Oct 27, 2021)
- Investors on record: 5

## About

Arcaea LLC is a biotechnology company focusing on innovative beauty solutions by harnessing biological science to develop unique ingredients that enhance product experiences while promoting sustainability.Arcaea LLC, founded in 2021, is based in Boston, US, and specializes in regenerative beauty solutions by leveraging biology for ingredient development. The company has gone through three deals, with its most recent funding round being a Series A on January 28, 2022, raising USD 78.00 mn from investors such as CHANEL S.A., Cascade Investment, Givaudan, Viking Global Investors, and Wittington Ventures. The CEO, Jasmina Aganovic, leads the company, which has not undergone any significant pivots or changes in its operational strategy.Arcaea specializes in innovative beauty products that leverage the unique capabilities of biology to create novel ingredients not found in traditional chemistry. Their core offerings are rooted in the concept of expressive biology, emphasizing the intersection of biological science with creative expression and technical expertise. By developing regenerative and biologically-derived ingredients, Arcaea aims to provide the beauty industry with a fresh toolset that enhances product experiences while promoting sustainability. The company markets its products primarily in North America, Europe, and select markets in Asia, targeting cosmetic manufacturers and brands seeking groundbreaking ingredients.Arcaea generates revenue through direct partnerships with beauty brands and manufacturers, structured around ingredient supply agreements where clients purchase Arcaea's unique ingredients for their formulations. The company also collaborates with brands for exclusive access to proprietary biological formulations, with pricing structures based on volume and exclusivity arrangements. Their focus on innovative, high-quality ingredients positions them competitively within the beauty market, appealing to various industry stakeholders.Following their Series A round on January 28, 2022, Arcaea plans to utilize the funding to develop new ingredients and beauty products by leveraging technologies such as DNA sequencing, biological engineering, and fermentation. The company aims to expand its product line and tap into new markets, including further penetration into Asia and Europe, with specific timelines for launches yet to be detailed. This strategy underscores their commitment to innovation and sustainability in the beauty sector.

## Funding rounds

- Series A, Oct 27, 2021, $78M — Cascade Investment, Viking Global Investors, Givaudan, Wittington Ventures, CHANEL S.A.

## Investors

- Cascade Investment — Series A
- Viking Global Investors (https://capitalatlas.ai/funds/viking-global-investors) — Series A
- Givaudan — Series A
- Wittington Ventures (https://capitalatlas.ai/funds/wittington-ventures) — Series A
- CHANEL S.A. — Series A
