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Unilever Invests in Inner Beauty Firm Nutrafol

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By: TOM BRANNA

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When multinationals start investing, the promise of nutritional beauty supplements is turning into a reality. Nutrafol, a nutraceutical supplement for healthy hair growth for men and women, has closed its series A financing round. Unilever Ventures, the venture-capital and private-equity arm of the consumer packaged goods conglomerate, joined as lead investor after an initial introduction from investment platform CircleUp. According to Nutrafol, the company’s founders were frustrated by poo...

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