{"id":13491,"date":"2017-10-03T12:51:08","date_gmt":"2017-10-03T12:51:08","guid":{"rendered":"https:\/\/formulabotanica.com\/?p=13491"},"modified":"2021-07-06T13:19:41","modified_gmt":"2021-07-06T12:19:41","slug":"clean-beauty-co-raise-investment-funding","status":"publish","type":"post","link":"https:\/\/formulabotanica.com\/clean-beauty-co-raise-investment-funding\/","title":{"rendered":"Graduates BYBI Raise \u00a3150,000 in Investment Funding"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]When you enrol with Formula Botanica, the world is your oyster. Some of our graduates stay at indie level, while a small percentage of our graduates aim for world domination. Born out of a green beauty blog and book under its earlier name of the Clean Beauty Co, BYBI (By Beauty Insiders), is one of those graduate brands that think big from the outset. Started by Dominika\u00a0Minarovic and Elsie Rutterford, BYBI was founded with the intention of being pioneers in natural beauty industry in the UK.<\/p>\n<p>Their products, as Dominika and Elsie say, are:<\/p>\n<blockquote><p>Made with active botanicals and luxurious ingredients that feed your skin and hair; high quantities of our favourite plants, nuts, flowers and seeds. All the anti-ageing, super-moisturising, ultra-nourishing goodness that hasn\u2019t been diluted down with pointless fillers. Better for your skin, better for your body, better for the environment and better for you.<\/p><\/blockquote>\n<p>That pioneering approach is what has driven their business forward. Dominika and Elsie quit their day jobs last year after seeing great success with their online blog, their London-based DIY beauty workshops and the publication of their first book, titled <a href=\"http:\/\/amzn.to\/2hIe5EO\" target=\"_blank\" rel=\"noopener\">Clean Beauty: Recipes to Manage Your Beauty Routine, <em>Naturally<\/em><\/a><em>.\u00a0<\/em>The book has since been translated into three languages, and is available on ASOS and in shops like Urban Outfitters.<\/p>\n<p>The book marked a turning point for Dominika and Elsie. They then decided to start work in earnest on their high performance range of natural skincare products, hence the rebrand to BYBI. Working hard in their formulation labs, experimenting with the most innovative ingredients and testing out the market, the team designed an impressive range of fun, high performance botanical formulations. Ranging from their <a href=\"https:\/\/bybi.com\/\" target=\"_blank\" rel=\"noopener\">Babe Balm<\/a> to their\u00a0<a href=\"https:\/\/bybi.com\/\" target=\"_blank\" rel=\"noopener\">Prime Time<\/a> facial polish and their <a href=\"https:\/\/bybi.com\/\" target=\"_blank\" rel=\"noopener\">Mega Mist<\/a> toner, the team&#8217;s formulations show that effective natural skincare can be mainstream.<\/p>\n\n\t\t<style>\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 33%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div id='gallery-1' class='gallery galleryid-13491 gallery-columns-3 gallery-size-medium'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-300x300.jpg\" class=\"attachment-medium size-medium\" alt=\"BYBI Beauty\" srcset=\"https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-300x300.jpg 300w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-150x150.jpg 150w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-100x100.jpg 100w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-768x767.jpg 768w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-1024x1024.jpg 1024w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-250x250.jpg 250w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-672x671.jpg 672w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05-1038x1037.jpg 1038w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime05.jpg 1070w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-300x300.jpg\" class=\"attachment-medium size-medium\" alt=\"BYBI Beauty\" srcset=\"https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-300x301.jpg 300w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-150x150.jpg 150w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-100x100.jpg 100w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-768x771.jpg 768w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-1020x1024.jpg 1020w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-250x250.jpg 250w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-672x675.jpg 672w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03-1038x1042.jpg 1038w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/BabeBalm03.jpg 1070w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-300x300.jpg\" class=\"attachment-medium size-medium\" alt=\"BYBI Beauty\" srcset=\"https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-300x300.jpg 300w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-150x150.jpg 150w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-100x100.jpg 100w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-768x768.jpg 768w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-1024x1024.jpg 1024w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-250x250.jpg 250w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-672x672.jpg 672w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06-1038x1038.jpg 1038w, https:\/\/formulabotanica.com\/wp-content\/uploads\/2017\/10\/primetime06.jpg 1070w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\n<p>How did Formula Botanica play a role in helping the two Co-Founders make their high performance skincare range? &#8220;<em>We\u2019ve found the material of course invaluable to broadening our own expertise<\/em>&#8221; says Dominika. &#8220;<em>The sense of community and passion of our fellow students has also been really inspiring.<\/em>&#8221; <\/p>\n<p>Once the range was in place, Dominika and Elsie then decided to obtain investment funding. As Dominika says: &#8220;<em><span class=\"s2\">We got to a point where we couldn&#8217;t fill the demand of retailers and our customers with stock. We also\u00a0knew we could scale really quickly and create a real buzz around the brand, but we need some capital\u00a0to do it.<\/span><\/em><span class=\"s2\">&#8220;<\/span><\/p>\n<blockquote><p><em><span class=\"s2\">We got to a point where we couldn&#8217;t fill the demand of retailers and our customers with stock. <\/span><\/em><\/p><\/blockquote>\n<p>They decided to pitch for a loan through a programme offered by Richard Branson\u2019s\u00a0not-for-profit Virgin StartUp,\u00a0and were selected as one of the businesses that received\u00a0\u00a350,000 in funding: \u00a325,000 each. Watch this video in which you&#8217;ll see Dominika and Elsie meet with Richard Branson and his team of mentors.<\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/p6wCEd87zW8\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>This initial investment\u00a0proved a springboard, and Dominika and Elsie <a href=\"http:\/\/www.independent.co.uk\/news\/business\/indyventure\/clean-beauty-co-blog-richard-branson-startup-success-cosmetics-a7922776.html\" target=\"_blank\" rel=\"noopener\">have recently secured \u00a3150,000<\/a> from a group of private investors betting on the potential of their concept to take on the beauty market.<\/p>\n<p>Raising this sort of cash is never easy, as Dominika confirms. &#8220;<span class=\"s2\"><em>Because we&#8217;re such an early stage start up, we had to convince our investors that we had the vision and business acumen to make a real financial success of the business, which wasn&#8217;t always easy. Raising money as two inexperienced women also was challenging, but we gathered a group of individuals that are investing in us as well as the business and really believe in us.<\/em>&#8220;<\/span><\/p>\n<span class='bctt-click-to-tweet'><span class='bctt-ctt-text'><a href=\"https:\/\/x.com\/intent\/tweet?url=https%3A%2F%2Fformulabotanica.com%2F%3Fp%3D13491&#038;text=How%20%40FormulaBotanica%20graduates%20%40BYBIbeauty%20raised%20%C2%A3150k%20in%20investment%20funding&#038;via=FormulaBotanica&#038;related=FormulaBotanica\" target=\"_blank\" rel=\"noopener noreferrer\">How @FormulaBotanica graduates @BYBIbeauty raised \u00a3150k in investment funding <\/a><\/span><a href=\"https:\/\/x.com\/intent\/tweet?url=https%3A%2F%2Fformulabotanica.com%2F%3Fp%3D13491&#038;text=How%20%40FormulaBotanica%20graduates%20%40BYBIbeauty%20raised%20%C2%A3150k%20in%20investment%20funding&#038;via=FormulaBotanica&#038;related=FormulaBotanica\" target=\"_blank\" class=\"bctt-ctt-btn\" rel=\"noopener noreferrer\">Share on X<\/a><\/span>\n<p>The clean beauty duo are confident though that they can take on the big players. Being a small brand in a market of big corporations, such as beauty, means that the power of social is incredibly valuable. It gives you access to brand and market awareness, and gives your brand an edge. <a href=\"https:\/\/www.virginstartup.org\/how-to\/how-make-social-media-work-your-business\" target=\"_blank\" rel=\"noopener\">BYBI are undercutting old-school big brands<\/a> by being faster and more agile, and can share their entire journey and development on social media.<\/p>\n<p class=\"p1\"><span class=\"s2\">What&#8217;s next for the rising stars of the UK clean beauty scene? How will they use the investment capital raised for the next stage of their business? Dominika says many plans are afoot. &#8220;<\/span><em><span class=\"s2\">We will use the investment on new product development, hiring a rockstar team and doing some really fun and stand out marketing. Stay tuned!&#8221;. <\/span><\/em><\/p>\n<p class=\"p1\"><span class=\"s2\">We can&#8217;t wait to see what&#8217;s next for the entrepreneurial duo. We know that we&#8217;ll be at the front of the queue to buy their new product releases and hope you will too!<\/span><\/p>\n<p>BYBI get more recent mentions here:<\/p>\n<p><a href=\"https:\/\/formulabotanica.com\/graduates\/bybi-beauty\/\">BYBI Beauty Formula Botanica Graduate Profile<\/a><br \/>\nand there last round of funding is mentioned <a href=\"https:\/\/formulabotanica.com\/formula-botanica-business-growth\/\">here<\/a>.<\/p>\n<hr \/>\n<p>Follow BYBI Beauty on social media:<\/p>\n<ul>\n<li><a href=\"https:\/\/bybi.com\/\" target=\"_blank\" rel=\"noopener\">BYBI Website<\/a><\/li>\n<li><a href=\"https:\/\/www.instagram.com\/bybibeauty\/?hl=en\" target=\"_blank\" rel=\"noopener\">BYBI Beauty on Instagram<\/a><\/li>\n<li><a href=\"https:\/\/www.facebook.com\/BYBIBeauty\/\" target=\"_blank\" rel=\"noopener\">BYBI Beauty on Facebook<\/a><\/li>\n<li><a href=\"https:\/\/twitter.com\/bybibeauty?lang=en\" target=\"_blank\" rel=\"noopener\">BYBI Beauty Co on Twitter<\/a><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]When you enrol with Formula Botanica, the world is your oyster. Some of our graduates stay at indie level, while a small percentage of our graduates aim for world domination. Born out of a green beauty blog and book under its earlier name of the Clean Beauty Co, BYBI (By Beauty Insiders), is one of those graduate brands that think [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":45598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[6,51],"tags":[169,16],"class_list":["post-13491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-graduates","category-school-news","tag-clean-beauty-co","tag-graduates-tag"],"cp_meta_data":{"_edit_lock":["1625573944:2984"],"_oembed_77468e2c2f183016b89b98f286b86ce3":["{{unknown}}"],"_oembed_2a3b2dc069f6aa312e1805ca61709f60":["{{unknown}}"],"_edit_last":["2984"],"_pilotpress_redirect_location":["-1"],"_thumbnail_id":["45598"],"slide_template":["default"],"_single_add_custom_css":[""],"_wpb_vc_js_status":["false"],"_kleo_transparent_menu_color":["white"],"_kleo_title_color":["#"],"_kleo_title_bg":["a:5:{s:3:\"url\";s:0:\"\";s:6:\"repeat\";s:6:\"repeat\";s:4:\"size\";s:7:\"inherit\";s:10:\"attachment\";s:6:\"scroll\";s:8:\"position\";s:8:\"left top\";}"],"_kleo_title_bg_color":["#"],"_kleo_post_layout":["default"],"_kleo_header_layout":["default"],"_kleo_page_menu":["default"],"_kleo_page_menu_secondary":["default"],"_yoast_wpseo_focuskw_text_input":["Clean Beauty Co"],"_yoast_wpseo_focuskw":["BYBI"],"_yoast_wpseo_linkdex":["74"],"_yoast_wpseo_content_score":["30"],"_yoast_wpseo_primary_category":["6"],"_oembed_4d745d91c40f294f513614766622fdda":["{{unknown}}"],"_item_likes":["9"],"_yoast_wpseo_title":["Graduates Clean Beauty Co raise \u00a3150k in investment funding"],"_yoast_wpseo_metadesc":["Formula Botanica Graduate brand BYBI raised \u00a3150,000 in external investment funding for their clean beauty brand. 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