Straand raises capital from Unilever Ventures
Straand, an Australian hair care brand, raised capital from Unilever Ventures on Dec 10, 2023. Amount invested is separate from enterprise value.
Transaction summary
- Company
- Straand
- Investor(s)
- Unilever Ventures
- Announced
- 2023-12-10
- Geography
- Australia
- Tags
- CPGHair CareScalp Care
- Type
- Capital Raise
- First added
- 2026-06-18
- Latest update
- 2026-07-17
Parties at the deal date
Investor(s)
Unilever Ventures is the venture capital and private equity arm of Unilever. We support forward-thinking founders who are crafting brands for the modern consumer.
Snapshot preserved for this transaction; current company profiles may differ.
Raise and valuation context
100% enterprise value
USD 4.0M
100% enterprise value | USD
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
-
Period not stated
Basis: FundComb estimate
EV / EBITDA
-
EBITDA basis not stated
Basis: FundComb estimate
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Investment Amount: USD 4.0M
Google News headline/snippet evidence: Beauty Independent reported on Dec. 10, 2023 that Unilever Ventures reinvested in Straand to increase the scalp care brand's funding to over $4M; Cosmetics Business reported on Dec. 12, 2023 that Straand secured $4 million from investors including Unilever Ventures. Full articles were not fetched, currency is stated only as '$', and the amount appears to be total funding/round amount rather than solely Unilever Ventures' contribution.
Basis
- USD 4.0m investment amount is treated as publicly disclosed or derived directly from public source data.
- Valuation covers 100% of the target; the amount invested or paid for a stake is separate.
Source summary
No public source summary has been published for this transaction yet.