About LYCL Inc.
LYCL Inc. is a Korean
skin care and tech startup established in 2013. The company combines three
different business models: unpa.me, a review and content platform for K-Beauty
products, palett.me, an influencer network platform, and unpa.Cosmetics, the
startup’s own skin care brand. This setup leads to a fast development of
data-driven, consumer-centric and highly innovative skin care products. LYCL
Inc. already has a strong footprint in South Korea with the majority of product
sales generated through a direct-to-consumer (DTC) business model via LYCL’s
own website.
About OSCAR&PAUL Venture Capital
OSCAR&PAUL is the recently established platform for all internal and external ventures at Beiersdorf. While OSCAR&PAUL Mastering Corporate Indie Brands develops new brands and business models from within the company, OSCAR&PAUL Beiersdorf Venture Capital focuses on corporate investments in external strategic opportunities. True to Beiersdorf’s entrepreneurial DNA, OSCAR&PAUL Beiersdorf Venture Capital invests in innovative companies and start-ups, establishing long term partnerships to drive the impact of disruptive technologies, new business models and skin care innovations.