{"id":298510,"date":"2025-12-04T12:19:07","date_gmt":"2025-12-04T12:19:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/298510\/"},"modified":"2025-12-04T12:19:07","modified_gmt":"2025-12-04T12:19:07","slug":"dragons-den-record-breaker-yuv-styles-9m-funding-round-money-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/298510\/","title":{"rendered":"Dragons Den record-breaker yuv styles \u00a39m funding round | Money News"},"content":{"rendered":"<p>A beauty technology company which recently secured a record-breaking investment from Dragons&#8217; Den judges including the entrepreneur Steven Bartlett will this week unveil a further multimillion pound funding injection.<\/p>\n<p>Sky News has learnt that London-based yuv, which claims to have pioneered the world&#8217;s first smart hair colour lab system for salons and freelance stylists, will announce on Friday a $12m (\u00a38.9m) Series A funding round.<\/p>\n<p>The capital-raise has been led by Nineyards Equity, a Swedish-headquartered growth equity firm.<\/p>\n<p>Yuv, which was founded by Francisco Gimenez, who has also participated in the raise alongside other existing investors, created a dispensing platform for professional hair colourings, which it calls the yuv Lab.<\/p>\n<p>Money latest: <a href=\"https:\/\/news.sky.com\/story\/money-latest-budget-rachel-reeves-income-tax-consumer-personal-finance-news-13040934\" target=\"_blank\" rel=\"nofollow noopener\">Is property still a good investment?<\/a><\/p>\n<p>Connected to an app, the system replaces single-use tubes with refillable aluminium cartridges in order to reduce waste while offering precise colour formulations.<\/p>\n<p>The technology impressed both Mr Bartlett and fellow &#8216;Dragon&#8217; Sara Davies, with each investing \u00a3250,000 at a \u00a325m valuation &#8211; a record for a start-up pitching on the BBC show.<\/p>\n<p>Yuv&#8217;s Series A round is designed to accelerate its growth in the UK and pave the way for expansion in the US next year.<\/p>\n<p>&#8220;With the support of Nineyards Equity, VNV Global, and our investor network, we are doubling down on our mission to transform professional hair colour through sustainability, design, and technology,&#8221; Mr Gimenez said.<\/p>\n<p>&#8220;Our next chapter will bring yuv&#8217;s platform to more salons and freelancers across the UK, and soon to the US, where we see massive potential.&#8221;<\/p>\n<p>     <a href=\"https:\/\/news.sky.com\/download-app\" target=\"blank\" data-tracking-label=\"ui-app-promo-download-link\" class=\"ui-app-promo sdc-article-widget\" data-type=\"\" data-component-name=\"ui-app-promo\" data-testid=\"app-promo\" rel=\"nofollow noopener\"><\/p>\n<p>    <\/a><\/p>\n<p>Estimates suggest that the global salon hair care services market will grow in value from $204bn this year to nearly $342bn by 2032.<\/p>\n<p>&#8220;Yuv is bringing true digital transformation to professional hair colour by combining hardware, colour and software into a platform that solves real pain points for salons and freelancing hairdressers alike,&#8221; Eric S\u00e4vendahl, principal at Nineyards Equity, said.<\/p>\n","protected":false},"excerpt":{"rendered":"A beauty technology company which recently secured a record-breaking investment from Dragons&#8217; Den judges including the entrepreneur Steven&hellip;\n","protected":false},"author":2,"featured_media":298511,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[96,391,56,54,55],"class_list":{"0":"post-298510","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-entertainment","9":"tag-tv","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/298510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=298510"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/298510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/298511"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=298510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=298510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=298510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}