L’Oréal Invests in Founders Factory Digital Startup Incubator

L’Oréal, the world’s largest cosmetic company, has announced an investment in the Founders Factory, a global multisector digital accelerator and incubator. The investment makes L’Oréal Founders Factory’s exclusive partner for investments in beauty tech startups worldwide, fulfilling part of L’Oréal CEO Jean-Paul Agon’s vision of the transformative power of digital for the beauty category.