About Farmskin
Farmskin is a company based in Cheongju-si (South Korea) founded in 2017.. Farmskin has raised $5.74 million across 3 funding rounds from investors including Translink Investment, TransLink Capital and Mashup Angels. Farmskin offers products and services including Natural Cosmetics. Farmskin operates in a competitive market with competitors including Shinsegae International, Dr.Wu Skincare, oliveinternational, Lilycover and DERMAdoctor, among others.
- Headquarter Cheongju-si, South Korea
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name (주)팜스킨
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.74 M (USD)
in 3 rounds
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Latest Funding Round
$1.62 M (USD), Series A
May 18, 2020
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Investors
Translink Investment
& 2 more
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Employee Count
Employee Count
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Products & Services of Farmskin
Farmskin offers a comprehensive portfolio of products and services, including Natural Cosmetics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cosmetics derived from farm ingredients via scientific methods
Funding Insights of Farmskin
Farmskin has successfully raised a total of $5.74M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.62 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $1.6M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series A - Farmskin | Valuation |
investors |
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| Aug, 2019 | Amount | Series A - Farmskin | Valuation |
investors |
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| Dec, 2017 | Amount | Seed - Farmskin | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Farmskin
Farmskin has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Translink Investment, TransLink Capital and Mashup Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage VC firm
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Founded Year | Domain | Location | |
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US & Asia focused seed, early & expansion stage VC firm
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Founded Year | Domain | Location | |
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Angel networks are facilitated for Korea-based companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Farmskin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Farmskin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Farmskin Comparisons
Competitors of Farmskin
Farmskin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shinsegae International, Dr.Wu Skincare, oliveinternational, Lilycover and DERMAdoctor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Beauty and fashion products are manufactured by Shinsegae International.
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| domain | founded_year | HQ Location |
Skincare products are manufactured and distributed globally by Dr.Wu.
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| domain | founded_year | HQ Location |
A range of skincare products is offered by Olive International.
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| domain | founded_year | HQ Location |
Internet first brand of skin care products
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| domain | founded_year | HQ Location |
Manufacturer of skin care products
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| domain | founded_year | HQ Location |
Natural cosmetics are produced using traditional French soap-making techniques.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Farmskin
Frequently Asked Questions about Farmskin
When was Farmskin founded?
Farmskin was founded in 2017.
Where is Farmskin located?
Farmskin is headquartered in Cheongju-si, South Korea. It is registered at Cheongju-si, North Chungcheong, South Korea.
Who is the current CEO of Farmskin?
Taeil Kwak is the current CEO of Farmskin.
Is Farmskin a funded company?
Farmskin is a funded company, having raised a total of $5.74M across 3 funding rounds to date.
What does Farmskin do?
Farmskin was established in 2017 in Cheongju-si, South Korea. Operations are conducted in the skincare industry, where natural ingredients are utilized following scientific validation to deliver effective solutions. Products are distributed worldwide to support healthy skin and overall wellness. Continuous research is maintained to refine offerings, with leadership provided by executives including the CEO.
Who are the top competitors of Farmskin?
Farmskin's top competitors include Shinsegae International, Dr.Wu Skincare and Lilycover.
What products or services does Farmskin offer?
Farmskin offers Natural Cosmetics.
Who are Farmskin's investors?
Farmskin has 3 investors. Key investors include Translink Investment, TransLink Capital, and Mashup Angels.
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