Introducing the Vogue Business Funding Tracker, a running list highlighting the most notable and intriguing investment and M&A activity in fashion and beauty. From emerging disruptors to legacy giants undergoing major changes, we spotlight the deals that are shifting the dynamics of the sectors we cover, including fashion, beauty, tech and sustainability.
July 2026
Syntetica
Company description: Syntetica is a French startup that transforms textile waste into recycled nylon through a proprietary chemical method that allows the processing of fabrics containing multiple materials. The funding will help Syntetica build its first commercial facility in France, which will be able to transform hundreds of tons of post-consumer textile waste annually. While Syntetica already works with labels such as Victoria’s Secret and Etam, it also plans to scale its recycling efforts and partner with more fashion brands.
Funding and round: $30 million, Series A.
Investor(s): Ecotechnologies 2 (portfolio includes: Standing Ovation, Mantle8), Lululemon (portfolio includes: Epoch Biodesign, Samsara Eco, Zymochem), MAS Holdings (portfolio includes: Victoria’s Secret, Calvin Klein, Gap), Swen Capital Partners, EQT Ventures.
June 2026
Fleek
Company description: Founded in 2021 by Abhi Arora and Sanket Agarwal, Fleek is a wholesale vintage fashion marketplace. Fleek connects retailers and resellers with verified, secondhand clothing wholesalers worldwide, enabling them to source vintage inventory in bulk through a digital marketplace with integrated logistics and quality assurance.
Funding and round: $25 million, Series B.
Investor(s): Burda Principal Investments (portfolio includes: Vinted), Ebay Ventures, FJ Labs, H14, Andreessen Horowitz, HV Capital, Y Combinator, and more.
Whering
Company description: Whering is a digital wardrobe and styling app founded in 2020 by Bianca Rangecroft. The app enables users to catalogue the clothes they already own, create outfits, track wardrobe usage, and receive styling recommendations, with the aim of encouraging more intentional fashion consumption and reducing unnecessary purchases.
Funding and round: $7 million, Seed.
Investor(s): Ebay Ventures, Google AI Futures Fund.
June 2026
Halo
Company description: Hair technology company Halo has developed its first product, HaloBraid. Launching in salons this fall, the device will be the first automated hair braiding tool that works alongside stylists to halve braiding time from as long as 10 hours per appointment. Reddit co-founder Alexis Ohanian’s VC firm Seven Seven Six is leading the investment into a business that was launched off the back of Yinka Ogunbiyi’s winning Harvard Innovation Labs pitch last year.
Funding and round: $7 million, Seed.
Investor(s): Seven Seven Six (portfolio includes: Anthropic, ElevenLabs, Flock Safety), Bling Capital (portfolio includes: Palantir, Gusto, Everlane), AlleyCorp (portfolio includes: ShopMy, Gilt Groupe, Business Insider).
Investor comments: “As an investor, I look for founders that see something broken that everyone else has accepted as fixed. Braiding is a perfect example: it is a process that has not materially changed in thousands of years, despite being one of the most popular hairstyles for millions of Americans and a significant part of the $270 billion salon services industry,” said Ohanian. “Yinka has introduced a novel technology to a traditionally manual and highly specialized professional service.”
Innovist
Company description: L’Oréal Group has taken a stake in Indian personal care company Innovist. (Vogue Business reported on speculations back in March.) The company has a successful portfolio that includes Indian haircare brand Bare Anatomy, skincare brands Chemist at Play and Sunscoop, and bodycare brand Vinci Botanicals. The company was founded in 2018 by Rohit Chawla, Sifat Khurana, and Vimal Bhola with a focus on science-first formulations, transparent ingredients, and in-house research and development.
Funding and round: Majority stake, terms undisclosed.