# CosBeauty

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

- Industry: Hardware
- Headquarters: Shenzhen, China
- Website: www.cos-beauty.com
- Total disclosed funding: $15M
- Latest round: Series B (Jan 11, 2021)
- Investors on record: 7

## About

CosBeauty is a technology company focused on developing innovative solutions that enhance operational efficiency across multiple sectors, particularly in personal beauty and wellness. They provide advanced beauty devices and related services.CosBeauty, founded in 2013 in Shenzhen, China, specializes in beauty technology solutions. The company has successfully completed four funding deals, with its most recent funding round occurring on January 11, 2021, where it raised approximately CNY 100 million in a SERIES B round led by Xiaomi Group along with Shunwei Capital Partners. The company was founded by Huang Lewis, while Hedy Hu serves as the CEO.CosBeauty specializes in advanced beauty devices that cater to personal care and wellness needs. The company offers a variety of products designed to enhance skincare routines and promote beauty health, addressing consumer demands for effective and user-friendly solutions. Their product range is marketed towards individual consumers and includes devices that utilize innovative technology to optimize beauty treatments.CosBeauty generates revenue through direct sales of its beauty devices and subscription-based services that provide customers with ongoing support and product updates. Sales are conducted primarily through a B2C framework, facilitating direct transactions with consumers. The pricing structure is designed to accommodate various consumer segments, ensuring accessibility while maintaining product quality.CosBeauty plans to leverage its recent funding from the SERIES B round to enhance its product offerings and expand into new geographic markets. The company is currently designing new beauty devices, although specific release dates have not been disclosed. Additionally, there are intentions to penetrate more deeply into markets in North America and Europe by the end of 2022, expanding its presence and product availability in these regions.

## Funding rounds

- Series B, Jan 11, 2021, $15M — Shunwei Capital, Xiaomi Group
- Series B, Jun 5, 2017 — Infinity Group, Shenzhen Capital Real Estate Fund
- Series A, Feb 23, 2017 — NewMargin Ventures, Zheshang Venture Capital, Sangel Capital

## Investors

- NewMargin Ventures (https://capitalatlas.ai/funds/newmargin-ventures) — Series A
- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series A
- Sangel Capital (https://capitalatlas.ai/funds/sangel-capital) — Series A
- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series B
- Xiaomi Group — Series B