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Il Makiage Invests in Technology Ahead of Wellness Launches

Cosmetics maker spends $40 million to buy Voyage81, an artificial intelligence startup.

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By: TOM BRANNA

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Beauty brand Il Makiage spent $40 million to acquire Voyage81, an artificial intelligence startup. The acquisition of the imaging software company comes as Il Makiage gets ready to launch two brands in the wellness space. “For the past two years, we have been searching for computational imaging solutions that can work in beauty and wellness to further advance our existing AI capabilities,” said Il Makiage CEO Oran Holzman. “I have met dozens of computer vision startups but could n...

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