Eurazeo Invests $53 Million In Pangaea Holdings, Creator Of Men’S Personal Care Brands Lumin And Meridian
Eurazeo Invests $53 Million In Pangaea Holdings, Creator Of Men’S Personal Care Brands Lumin And Meridian
07/21/21, 5:56 PM
Money raised
$53 million
Eurazeo, a leading global investment group with a diversified portfolio of $26 billion in assets under management, today announced a $53 million minority investment in Pangaea Holdings, Inc. The investment is part of a larger $68 million funding round including Unilever Ventures, GPO Fund, and existing investors Base10 Partners and Gradient Ventures, bringing Pangaea’s total capital raised since its founding to $87 million. Pangaea incubates and scales digitally native brands through a proprietary global e-commerce platform. The company built its roots in men’s personal care brands focused on effective, simple, and affordable skincare and grooming products.