CHINA – Hi!Papa, a Guangzhou, China-based personal care company focused on 3- to 12-year-old children in China, raised an undisclosed amount in Series A+ fundraise.
The round was led by L Catterton.The company intends to use the funds to further scale in the country’s personal care for kids market.Led by Founder and CEO, Jiangsheng Xuyu, Hi!Papa is a personal care company with a focus on meeting the skincare needs of school-age children in the country. The company develops its products via an iterative process involving its in-house team of researchers, universities and laboratories, taking consumers’ input and feedback into account. Its portfolio of products includes its flagship sunscreen, hydrating mists, as well as face cleansers, lotions, creams, balms, and masks. These are progressively developed based on insights and feedback the company gathers from a group of around 200,000 consumers before official launches. 20/12/2023
