Financial News

Firms Invest $25 Million In Beauty App Developer

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By: TOM BRANNA

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Perfect Corp., a leading app developer in the beauty industry, received a Series A investment of $25 million led by China Creation Ventures and joined by Yuanta Asia Investment, Extol Capital and CyberLink Corp. The financing will be used to continue the development of Perfect Corp.’s mobile app suite that uses augmented reality (AR) and artificial intelligence (AI) to transform how consumers enjoy and interact with beauty products. More than 500 million app downloads and excitement around th...

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