Company News, Financial News

Natural Cosmetic Ingredients Manufacturer Sophim Completes $21.4 Million Funding Round to Accelerate Development

Smalt Capital reaffirms its confidence in the company by investing $4.8 million.

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By: Lianna Albrizio

Associate Editor

Sophim, a family company specializing in the manufacturing of natural ingredients for the cosmetic industry, has completed a $21.4 million funding round to finance its growth and target the milestone of becoming a mid-cap company.    This capital will double the company's production capacity at its two industrial sites and accelerate its international development. A partner of Sophim since 2014, Smalt Capital is the only financial investor in this $4.8 million funding round, alongsi...

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