Unilever Ventures

Unilever Ventures, established in 2002 and headquartered in London, operates as the investment arm of Unilever, focusing on venture capital and private equity. The firm specializes in direct investments in seed, early-stage, and later-stage companies, as well as fund of funds investments targeted at private equity funds. Unilever Ventures invests primarily in sectors such as personal care, digital media, e-commerce, healthcare, and consumer products, with a keen interest in companies that promote sustainable living and innovative technology. The firm typically invests between $0.5 million and $15 million, favoring minority or majority shareholdings, and aims to take a board seat in its portfolio companies. With additional offices in Mumbai, India, Unilever Ventures emphasizes opportunities in Asia and Europe, particularly Western Europe, while also considering investments in North America. The firm collaborates closely with The Unilever Foundry to support technology innovators through mentorship and growth financing, leveraging Unilever's extensive global ecosystem to accelerate the growth of promising companies.

Gunita Bhasin

Investor

Pawan Chaturvedi

Partner

Olivier Garel

Managing Partner

Isabelle Hemington

Principal

Libby Knowles

Investor

Andrew Lane

Co-Founder and Director

Anna Ohlsson

Partner

Anna Ohlsson-Baskerville

Partner

Devesh Papney

Principal

Clementine Provost

Investor

Priyanka Thakkar

Investor

Stephen Willson

Managing Partner

Past deals in FMCG

Milkbasket

Series B in 2020
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

Scentials

Series A in 2019
Scentials operates as a beauty brand studio platform that specializes in creating skincare and fragrance products endorsed by prominent Indian celebrities from sports, film, and entertainment. By leveraging these celebrity partnerships, Scentials enhances its visibility and brand recognition through extensive traditional and social media reach. The company offers a diverse range of products, including fragrances, skincare, makeup, and men's grooming items, ensuring that customers have access to authentic and affordable beauty solutions. This strategy of combining innovative beauty offerings with celebrity influence positions Scentials as a notable player in the beauty industry.

Frontier Markets

Seed Round in 2019
Frontier Markets Consulting Private Limited operates as a marketing, sales, and distribution company. The company specializes in selling durables for bottom of the pyramid households in rural and peri-urban India. It provides solar lighting products, including torches and lantern through last mile distribution points; household appliances, smartphones, and 4G services. Frontier Markets Consulting Private Limited was founded in 2009 and is based in Jaipur, India with additional offices in Rajasthan, Uttar Pradesh, Bihar, and Odisha, India.

Milkbasket

Series B in 2019
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

Milkbasket

Series A in 2018
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

Milkbasket

Series A in 2018
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

Milkbasket

Seed Round in 2018
Milkbasket is a subscription-based micro-delivery service fulfilling daily dairy essentials and household needs of customers every morning. They deliver milk, bread, eggs, juices, butter, and other daily items needed every morning, right at customer's doorstep, free of charge. The company was founded in 2015, built on the unique Indian habit of getting fresh milk delivered at home every morning. They are based in Haryana, India but is also delivering in Noida, Dwarka, Bengaluru, and Hyderabad.

Hangyo

Venture Round in 2013
Hangyo Ice Creams Private Ltd. produces ice creams, milk, and milk products. The company offers cones, candies, sundaes, and ice cream cups of various flavors; and milk products, such as butter milk, curd, lassi, cold coffee, and mango lassi. It offers its products through its retail stores in Bengaluru, Dakshina Kannada, Udupi, Uttar Kannada, Hubli, and Kerala; and dealers. The company was incorporated in 2002 and is based in Mangalore, India. Hangyo Ice Creams Private Ltd. operates as a subsidiary of Srikrishna Milks Pvt. Ltd.

Froosh

Series A in 2008
Froosh is a leading premium smoothie brand in the Nordics, specializing in fruit smoothies designed to promote healthy living. The company offers a range of smoothies that are made by squeezing, pressing, and mashing fresh fruits into glass bottles and paper cans. Froosh emphasizes the purity of its products by excluding concentrates, added sugars, and preservatives, ensuring that consumers receive only natural fruit beverages. By providing convenient and nutritious options, Froosh aims to help individuals incorporate more fruit into their diets and facilitate healthier lifestyle choices.

Brand New Brands

Series A in 2005
Brand New Brands is a groundbreaking new company that brings together the entrepreneurial spirit of a start-up and the resources of an established corporation to create new foods and beverages that promote health and wellness. Brand New Brands uses a portfolio-based incubator model to develop and market the highest potential new functional food business opportunities for the U.S. marketplace. Core to their approach is the commitment to create food and beverage products that are efficacious (by medical standards), honest and transparent in their claims, and satisfying to eat or drink. By vetting and assessing the potential of scores of new product concepts, they take the most promising opportunities and fuse them with talented, passionate and proven entrepreneurial teams who turn ideas into thriving new ventures. They focus their efforts and resources by innovating “category-creating” brand platforms that are capable of crossing over from niche markets to the mainstream in three to five years. They only pursue opportunities where they can claim distinct competitive advantages over large food companies through IP, brand creation or non-traditional distribution. Their strategy is to take the most promising new nutritional technologies and deliver them to the marketplace through great-tasting products with engaging “lifestyle” brands that educate and attract loyal customers and progressive retail partners. They take opportunities to market that are likely to scale quickly due to the convergence of scientific advances, consumer readiness and media attention.
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