OMY Laboratories secure $11 million in financing to expand into the North American cosmetics market

The Québec City-based company specializing in personalized, innovative and environmentally friendly dermocosmetic products has completed its first round of Series A financing by securing $11 million in financing from Crédit Mutuel Equity, BDC Capital, Fondaction and Accelia Capital.

The full amount will be invested in OMY Laboratories’ growth by adding specialized employees and state-of-the-art equipment so as to continue to offer a wide range of personalized skin care products. OMY Laboratories have already revolutionized the cosmetics industry with their “SkinIA” technology, which uses artificial intelligence to analyze the skin and recommend a skin care product perfectly suited to the individual needs of their customers.

BCF is grateful to OMY Laboratories, and more specifically to their co-founders Andrea Gomez and Rachelle Séguin, for their trust. We are proud to have acted on behalf of OMY Laboratories during the implementation of this financing with a team consisting of Audrey St-Pierre, Laurence Lavertu and Chantal Mongrain.

To read the article, click here (in French only).