Formel Skin secures €5 million from Vorwerk Ventures, Cherry Ventures and Heartcore Capital.
Formel Skin, a Berlin, Germany-based DTC producer of dermatology products, secured a funding round totalling €5 million ($6M).
Formel Skin, founded as True Skin at the end of 2019 by Anton Kononov and Florian Semler, aims to create a new solution against skin impurities using a holistic approach and medical care together with dermatologist, Dr. Sarah Bechstein. Based on that, the company offers medical and science-based solutions to effectively tackle a broad set of dermatological conditions (e.g. acne). The products are customized according to the medical needs and skin conditions of individuals after an online check-up with dermatologists.
Formel Skin previously raised money from Heartcore and Cherry Ventures.