Sekhmet Ventures (Sekhmet), is a Silicon Valley venture capital firm which invests globally in science-based companies addressing the clean beauty and wellness market. Yesterday Sekhmet announces closing Series A round funding with portfolio partner Codex Beauty LLC (Codex).
Established by Sekhmet’s founding partner Barbara Paldus, Codex is a global collective of skincare brands, dedicated to offering natural, science-backed beauty products to consumers of all ages and skin types. The company’s global leadership team is comprised of experts spanning a wide range of relevant disciplines, including herbal science, cosmetic chemistry, dermatology, biotechnology, process automation, and optical spectroscopy.
“The cosmetics market is saturated with products that make a strong first impression on consumers but lack quantifiable results,” commented Dianne Vavra, Chief Communications Officer of Codex Beauty. “To empower consumers to select products that are right for them, Codex embodies a strong belief that information transparency and regulatory compliance are critical.”
“In the beauty and wellness space, there often exists an idea that ‘completely natural’ and ‘scientifically derived’ are mutually exclusive product attributes,” stated Jacqueline Kissenpfennig, Chief International Business Officer of Codex. “With our diverse team of experts and proprietary development processes, Codex Beauty is able to bridge that gap and offer products that are efficacious and are derived from the best plant ingredients our world has to offer.”