LUUM Precision Lash Closes Funding Round with Strategic and Institutional Investors
Summary
View the full release here: https://www.businesswire.com/news/home/20220712005529/en/"This round of support from investors such as Ulta Beauty strongly signals our evolution as we bring our robotics one step closer to wide-spread availability," said Nathan Harding, CEO and co-founder, LUUM. "Oakland-based LUUM will leverage this latest round of support to build its next-generation machine for a soon-to-be-announced pilot program with one of the top five leading U.S. cosmetics brands. "Our teams are incredibly interested in exploring more technologies that amplify beauty experiences for our consumers and in funding LUUM, we believe we are supporting yet another exciting industry advancement. "LUUM is revolutionizing the multi-billion-dollar eyelash extension industry with precision robotics and AI, creating an entirely new category Beauty Experience Automation. In addition to a robust global patent portfolio and a high-profile list of angel and institutional investors, LUUM touts a Net Promoter Score of 82 from customers, a 5-star review from PopSugar magazine, and has been featured on the Today Show.