In June 2015, Althea was founded to bridge authentic K-beauty to South East Asians.
Despite the increasing popularity of K-beauty items in the world, there was not a one-stop shopping destination where every and anyone in the world could enjoy authentic K-beauty products at a reasonable price, just as Korean consumers do in Korea.
Althea innovates the cross border distribution channel to connect K-beauty suppliers directly with SEA consumers.
Althea offers comprehensive K-beauty selections at the lowest price to our consumers and strives to become the gateway to the world, most favored by K-beauty suppliers.
Let’s begin a journey to Korea with Althea now.
Location: Malaysia, Kuala Lumpur
Employees: 11-50
Total raised: $3.5M
Founded date: 2015
Investors 4
Date | Name | Website |
- | BonAngels ... | bonangels.... |
- | Bridge All... | bapvc.com |
- | Tekton Ven... | tektonvent... |
- | 500 Startu... | 500.co |
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
27.05.2016 | - | $3.5M | - | techcrunch... |
Mentions in press and media 4
Date | Title | Description | Source |
04.08.2023 | Antler Malaysia appoints serial entrepreneur as associate pa... | ManagementNews Shadine Taufik · 8 Aug 2023 · 1 min readAntler Malaysia appoints serial entrepreneur... | techinasia... |
27.05.2016 | Althea raises $3.5M to sell Korean beauty products online in... | Althea, a Korea-based company that exports and sells cosmetics and beauty products to Southeast Asia... | techcrunch... |
19.10.2015 | Althea Raises Seed Funding from 500 Startups | Althea, a Kuala Lumpur, Malaysia-based ecommerce platform selling Korean beauty products, raised see... | finsmes.co... |
15.10.2015 | Daily funding roundup - October 15, 2015 | Quip secured $30M; OpenGov raised $25M; Niantic landed $20M OpenGov, which allows local governments... | vator.tv/n... |