Skincare brand Yepoda secures Series B funding led by Verlinvest
German skincare brand Yepoda has successfully closed its Series B funding round, led by Brussels-based investment firm Verlinvest. Existing investors V3 Ventures and JamJar Investments also participated in this round.
Transaction snapshot
Deal value: Undisclosed
Deal multiples: N/A
Deal type: Series B
Investors: Verlinvest (lead), V3 Ventures, JamJar Investments
Founded in 2020 by Sander Joonyoung van Bladel and Veronika Strotmann, Yepoda has rapidly become a leading K-Beauty brand in Europe. The company integrates advanced Korean skincare innovations with a strong commitment to sustainability and clean beauty standards. All products are vegan, cruelty-free, sustainably packaged, and developed entirely in Korea using high-quality natural and active ingredients.
In 2024, Yepoda achieved over €65 million ($105.2 million) in revenue, serving more than one million customers across Germany, France, Italy, Spain, and the UK. The brand has maintained a profitable growth rate exceeding 120% year-over-year.
The new investment aims to support Yepoda's expansion into the U.S. market, further retail growth—including a significant partnership with Sephora—and continued innovation in product development. Yepoda is also dedicated to environmental sustainability, contributing 1% of its revenue to environmental initiatives through its partnership with 1% for the Planet.
Verlinvest, established 30 years ago by the family shareholders of beer conglomerate AB InBev, has a history of investing in high-growth consumer brands. Their involvement in Yepoda underscores their confidence in the brand's potential and aligns with their strategy of supporting innovative consumer businesses.
This funding round marks a significant milestone for Yepoda as it continues to expand its global footprint and reinforce its position in the skincare industry.
