Life Sciences

Innovaderma plc

Year

2021


Transaction type Equity Capital Markets & Corporate Broking

Sector Life Sciences

finnCap have advised InnovaDerma PLC on an up to £4.5m Fundraise.

InnovaDerma is a UK developer and marketer of beauty, personal care and clinically proven life science products. InnovaDerma has presence in the UK, Europe, US, Australasia, Asia and Africa.

This funding will be used to strengthen InnovaDerma’s balance sheet, provide capital to accelerate the Company’s global Direct-To-Consumer strategy and to enhance its e-commerce infrastructure and operational capacity.

Geoff Nash, Corporate Finance Director, finnCap Group, commented:

“finnCap is delighted to have secured the funding Innovaderma needs to accelerate its growth as the world returns to a greater level of normality post COVID. Innovaderma has some fantastic brands and a substantial growth opportunity under the leadership of its new CEO, Blake Hughes.”

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