Unilever Ventures has invested in feminine intimate and body care brand Luna Daily.
The funding will be used to expand the British business’ product range.
It follows investments from existing partners including venture capital firms Redrice Ventures and Joyance Partners, with Luna Daily raising £4.7m in capital so far.
Angel investors Aaron Chatterley, co-founder of Feelunique and Indu, and Jane Henderson, Chair of Beauty & Wellness at Mintel, previously invested in the brand.
“This collaboration feels incredibly organic, as we have been in conversations with Unilever Ventures since the inception of Luna Daily,” said Katy Cottam, founder of Luna Daily.
“Their support of our vision to cater to all ages and stages of womanhood, including our newest category of motherhood, made this the perfect time to begin our partnership.”
It comes after Luna Daily secured £3m to fuel its global expansion plans in 2023.
The funds were used to expand into new markets and saw the brand land an exclusive partnership with Sephora in North America.
Luna Daily also launched into a new category in June 2024 with its Motherhood Collection.
The range was designed to support women’s bodies through pregnancy and post-birth and includes lip balms and body washes.
It features a Post-Birth Soothing Spray, which the brand claims relieves pain from swelling, pain, bruising or inflammation.
The Skin Support Oil, meanwhile, uses a formula made with cacay oil to help reduce the appearance of stretch marks.
“We are excited by how Katy has elevated the consumer experience of body wash and care with her microbiome-balancing formulations for all skin,” added Anna Ohlsson-Baskerville at Unilever Ventures.
“She used her own experience to create an offering that cares for women’s bodies in their entirety and for all stages of womanhood.”
