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Monthly News Summary (January 2023)
Beauty Tech
Jan 31, 2023
This week:
M&A
N-able acquires Adlumin for USD 266 million to strengthen cybersecurity offerings
Next-gen Cybersecurity
Today
M&A
Bitsight acquires Cybersixgill for USD 115 million to enhance threat intelligence capabilities
Cyber Insurance
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Generative AI Infrastructure
Today
M&A
Snowflake acquires Datavolo to enhance data integration capabilities for undisclosed sum
Data Infrastructure & Analytics
Today
Product updates
Microsoft launches Copilot Actions for workplace automation
Foundation Models
Yesterday
M&A
Almanac acquires Gro Intelligence's IP assets for undisclosed sum
Smart Farming
Yesterday
Partnerships
Aduro Clean Technologies partners with Zeton to build hydrochemolytic pilot plant
Waste Recovery & Management Tech
Yesterday
Funding
Oishii raises USD 16 million in Series B funding from Resilience Reserve
Vertical Farming
Yesterday
Management news
GrowUp Farms appoints Mike Hedges as CEO
Vertical Farming
Yesterday
M&A
Rise Up acquires Yunoo and expands LMS monetization capabilities
EdTech: Corporate Learning
Yesterday
Beauty Tech
Jan 31, 2023

Monthly News Summary (January 2023)

Partnerships
Product updates

Partnerships

  • Revieve announced a strategic partnership with Google Cloud to enable retailers and brands to deliver personalized experience solutions like digital makeup, skincare, and other beauty experiences. (January 16, 2023; Company press release)

  • Proven Skincare announced a partnership with Sephora to bring its personalized skincare solutions to Sephora’s digital and brick-and-mortar stores. (January 17, 2023; Company press release)

Product update

  • L'Oréal introduced two new technology prototypes: 1) HAPTA, a handheld computerized makeup applicator for people with limited hand and arm mobility and 2) Brow Magic, a brow makeup applicator that scans the user's face to make recommendations on precise brow shapes and effects. (January 03, 2023; Company press release)

  • Function of Beauty announced the launch of hair styling products at Target stores. (January 5, 2023; Retail Dive)  

  • Estee Lauder announced the launch of an AI-powered voice-enabled makeup assistant (VMA) to enable visually impaired users to apply makeup. (January 11, 2023; Company press release)

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