TLDR:
– Naturaz, a Black female-founded startup, raised $1 million in investments during its seed round
– The company focuses on formulating and distributing 100% vegan hair care products for curly hair
Naturaz, a clean health and beauty company, successfully raised $1 million in investments during its seed round, with key investors including the Philadelphia Community Impact Fund. The founder and CEO, Mumbi Dunjwa, utilized her chemistry background to create a groundbreaking product line that delivers 3X more moisture in curly hair. Despite challenges faced by Black female founders in fundraising, Naturaz managed to secure significant capital through strong relationships with investors. The company plans to use the funding to expand its retail presence and continue developing innovative, vegan hair care products.
