This article originally appeared in happi on July, 1, 2019.
Sekhmet Ventures (Sekhmet), a beauty and wellness venture capital firm, has announced the closing of the Series A round of its portfolio partner Codex Beauty LLC.
Established by Sekhmet Ventures’ founding partner Barbara Paldus, Codex is a global collective of skin care brands, dedicated to offering all-natural, science-backed beauty products to consumers of all ages and skin types. The company’s global leadership team is comprised of experts spanning a wide range of relevant disciplines, including herbal science, cosmetic chemistry, dermatology, biotechnology, process automation and optical spectroscopy.
“The cosmetics market is saturated with products that make a strong first impression on consumers but lack quantifiable results,” commented Dianne Vavra, chief communications officer of Codex Beauty. “To empower consumers to select products that are right for them, Codex embodies a strong belief that information transparency and regulatory compliance are critical.”
Sunna Helgadottir, chief operating officer of Codex, said that the company utilizes a pharmaceutical approach to manufacturing and adheres to strict quality standards, so clean beauty customers can be confident that all products are safe.
“Codex also strives to offer products that perform well, and whose efficacy can be clinically demonstrated. We look forward to sharing these results with our customers,” noted Helgadottir.