Financial News

L’Oréal’s ‘BOLD’ Invests in Clean Beauty Brand Hanni

Vegan personal care products are sold at Sephora.

Clean body care brand Hanni is the latest company to receive investment from Happi International Top 30 Company L’Oréal’s venture capital fund, BOLD (Business Opportunities for L’Oréal Development).

Financial details of this deal were not released.

Hanni was founded in 2021 by former beauty executive Leslie Tessler. The vegan personal care company features products such as Splash Salve, a water-activated in-shower moisturizer. Products are sold at Sephora.

Hanni shave kit

Other ‘BOLD’ Ventures

In November 2025, expanding its presence in China and overall portfolio of clean beauty products, L’Oréal announced a minority investment in Lan, a Hangzhou-based clean beauty brand, as reported in Happi.

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