Beauty product development made fast and easy. Buyers can find exactly what they need across the beauty industry & suppliers can better market their products.
Location: Switzerland
Employees: 1-10
Total raised: $4.09M
Founded date: 2021
Funding Rounds 1
| Date | Series | Amount | Investors |
| 06.04.2026 | Seed | $4.09M | Hi Inov |
Mentions in press and media 7
| Date | Title | Description |
| 06.04.2026 | Covalo Raises €3.5M in Funding | Covalo, a Zurich, Switzerland-based provider of an ingredients discovery and data platform for the personal care industry, raised €3.5M in funding round. The round was led by Hi inov with participation from existing investors HTGF and seed+... |
| 06.04.2026 | Covalo: €3.5 Million Raised To Build Data Backbone For Personal Care Industry | Covalo has secured a €3.5 million funding extension to accelerate its transition from an ingredient discovery marketplace into a foundational data infrastructure platform for the personal care industry. The round was led by Hi inov, with pa... |
| 04.04.2026 | Covalo Powers Up: €3.5M Investment Drives Ingredient Data Innovation | Covalo, a Swiss B2B platform, secured €3.5 million to revolutionize personal care ingredient data. The funding, led by Hi Inov, accelerates AI development and enterprise expansion. It addresses fragmented product information, streamlining R... |
| 02.04.2026 | Covalo lands €3.5M funding extension to advance personal care data platform | Covalo, a Switzerland-based platform for ingredient discovery and data management in the personal care industry, has raised €3.5 million in a funding extension. The round was led by Hi Inov, with participation from existing investors HTGF a... |
| 02.04.2026 | Covalo sichert sich Finanzierung in Millionenhöhe für nächste Wachstumsphase | Im Bereich Körperpflege hängt Innovation stark von Inhaltsstoffdaten ab – doch diese sind über Unternehmen, Systeme und Formate fragmentiert. Ein Produkt kann bis zu 40 Rohstoffe mit jeweils rund 20 zugehörigen Dokumenten enthalten. Diese ... |
| 02.04.2026 | Delta Labs bekommt 4,4 Millionen – Covalo erhält 3,5 Millionen – Penemue sammelt 1,7 Millionen ein | Im #DealMonitor für den 2. April werfen wir einen Blick auf die wichtigsten, spannendsten und interessantesten Investments und Exits des Tages in der DACH-Region. Alle Deals der Vortage gibt es im großen und übersichtlichen #DealMonitor-Arc... |
| 04.12.2024 | Covalo acquires Italy’s leading platform for the cosmetics industry | Covalo was founded as a spin-off of chemicals company, Clariant with the aim of expediting product development in the beauty and consumer goods industries by addressing challenges across the entire product development process. The company ... |