L'Oréal Group : Press Releases

Clichy, 25 October 2023 – Recognizing the 50 million people around the world who have limited fine motor skills, L’Oréal today announced that Lancôme HAPTA, a smart makeup applicator designed for people with limited arm mobility, has been included in TIME Best Inventions 2023 under the accessibility category.

Clichy, 22 September 2023 – L’Oréal announces an agreement to make a minority investment in SHINEHIGH INNOVATION, an innovation-led biotech company in China, to establish a long-term partnership for the co-development of novel and sustainable beauty solutions. This is L’Oréal’s first open innovation investment in China through Shanghai Meicifang Investment Co., Ltd (Meicifang), with the support from BOLD (Business Opportunities for L’Oréal Development), L'Oréal Groupe’s strategic innovation venture capital fund company. It is also the first investment from L’Oréal’s well-known BIG BANG Beauty Tech Innovation Challenge initiated four years ago in China, proving the successful achievement in China’s open innovation ecosystem

L’Oréal, the world leader in beauty, and Verily, an Alphabet precision health tech company, today announced the launch of My Skin & Hair Journey, a multi-year study that will help researchers better understand the biological, clinical and environmental factors that contribute to skin and hair health over time

Clichy, 29th June 2023 – L’Oréal today announced a partnership with the University of California (UC) Berkeley's Bakar Labs, a leading biotech incubator. This collaboration opens up avenues for Bakar Labs’ incubated startups, to benefit from and gain access to L’Oréal’s 3D reconstructed skin models, for free.

Paris, 16 June – L’Oréal today announced France’s ‘Caring 4 Beauty’ team as the winner of Brandstorm 2023, L’Oréal’s global, immersive learning competition for youth under 30. ‘Caring 4 Beauty’ won for their concept, URMODEL, inspired by the theme, ‘Crack The New Codes of Beauty’, referencing technology’s growing influence across the beauty industry. The selection was announced live from the Viva Technology conference in Paris.

Highlighting beauty as a force for individual and collective good, the innovations span smart and sustainable beauty innovations and digital services, as well as data-powered diagnostic devices for inclusive, personalized, and virtual beauty.

Clichy, 1 June 2023 - BOLD, L'Oréal’s corporate venture capital fund, today announced a minority investment in Debut, making it the exclusive beauty industry investor in the company. The investment will enable Debut, a US biotech company to rapidly scale its manufacturing platform and meet growing demand for breakthrough ingredients to be used in cosmetics, skincare and packaging. The investment builds on existing joint development programs between L’Oréal and Debut that leverage Debut’s extensive IP portfolio, from which more than 7,000 ingredients can be created in order to bring high-value, more sustainable ingredients to market faster.

The investment, made through L'Oréal's corporate venture fund, BOLD, will support the creation of new, sustainable ingredients derived from living organisms. Through Geno’s biotechnology expertise, L’Oréal will replace traditional ingredients with bio-based alternatives, such as those made from plant-based sugars. These new ingredients will be used across various L’Oréal products, making a significant leap towards the company’s goal of 100% eco-designed formulas and ingredients that are 95%-derived from renewable or abundant sources.

Clichy, 12 January 2023 – L’Oréal’s corporate venture capital fund BOLD (Business Opportunities for L’Oréal Development) announces a minority investment in US-based startup, Digital Village, a metaverse-as-a-service platform and NFT marketplace for brands, creators, and communities.