New Investments
Pan-African Beauty Startup Zuri Secures Investment from Launch Africa Ventures
Pan-African beauty startup Zuri has secured its first institutional tech investment from Launch Africa Ventures.
This investment comes after a period of impressive growth for Zuri, fueled by the company’s vision and leadership.
Zuri is a Black-owned company that designs, manufactures, and distributes hair products, cosmetics, and services.
They cater to both individual customers and businesses, including through a franchise model.
Recently, they’ve expanded their offerings to include performance and inventory management systems for hair salons.
Zuri is operating in the Democratic Republic of Congo, Uganda, and Rwanda, with plans to expand further into France and Belgium.
The company is on a mission to revolutionize the beauty industry by celebrating diversity, empowering women, and making beauty experiences more accessible.
Zuri’s remarkable journey began in 2016 when CEO Gisela Van Houcke started selling products from her car.
Through hard work and strategic planning, she has transformed Zuri into a powerful tech-driven company with a presence across Africa.
Zuri boasts over 20,000 loyal customers, 60 passionate employees, and over 500,000 engaged social media followers.
Launch Africa Ventures sees this investment as an opportunity in the growing African beautytech industry.
They plan to support Zuri’s geographical and product diversification, improve their technology strategy, and help them find new partnerships.
“Zuri is more than just a beauty brand,” says Gisela Van Houcke. “We are redefining beauty standards and creating a space for women to embrace themselves.”
The funding from Launch Africa Ventures will allow Zuri to expand further across Africa and Europe, solidify its market leadership, and continue to empower women worldwide.
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