Tech Company Financing Transactions
Covalo Funding Round
Covalo secured a $4 million financing round on 4/2/2026. Investors included Hi Inov, High-Tech Gründerfonds and seed + speed Ventures.
Transaction Overview
Company Name
Announced On
4/2/2026
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The funding will support the expansion of Covalo's data platform and enterprise offering, including the development of AI-based tools for workflow automation, data processing, and regulatory compliance, as the company continues to scale its infrastructure for the personal care industry.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Hoeschgasse 83
Zurich, 8008
CH
Zurich, 8008
CH
Phone
Undisclosed
Website
Email Address
Overview
Covalo� makes beauty product development faster and easier. It is a comprehensive search platform that connects beauty brands with suppliers of ingredients, packaging, and services such as contract manufacturing, formulation, regulatory, compliance and testing. It also arms suppliers with the tools and real-time industry insights needed to effectively market products. Covalo is committed to making formulation-based consumer goods industries more transparent and sustainable by making it easier for suppliers to disclose, and for buyers to search for, up-to-date sustainability-related details. Covalo launched in 2021 and is based in Switzerland.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timo Bargen
Chief Marketing Officer
Alissa Arzner
Chief Operating Officer
Yann Chilvers
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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