MiiN Cosmetics

miin-cosmetics.com ↗ ·Barcelona ·Other

MiiN Cosmetics is a Barcelona-based retailer and distributor of Korean beauty (K-beauty) products in Europe, selling through its own e-commerce site, wholesale channels and physical stores in Spain, Italy, Germany and France. Founded in 2014 by Lilin Yang and Patrick Siegenthaler, it has grown to a team of 300+ and has launched its own in-house brands, Ondo Beauty 36.5 and Meisani. In 2024 it sold a c.15% minority stake to Spanish investment vehicle Barlon Capital (advised by Clairfield) as a strategic growth partner.

Founded
2014
Founders
2
Total funds raised
—
Rounds
1
Investors
2
Last round
Apr 2024
SectorsE-commerce, Beauty & Cosmetics, Retail, Consumer Goods, K-beauty Start-up MapMarketplace & E-commerce › Vertical e-commerce retail

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Founders

Lilin Yang
Co-founder & CEO
Patrick Siegenthaler
Co-founder & Co-owner

Global models 5

Purplle
Online beauty retailer with its own brands and a growing chain of shops, the same mix of multi-brand store, own brands and physical stores as MiiN.
~$450MComparable
Memebox
South Korea / United States · memebox.com ↗
Sold Korean beauty products online outside Korea and moved into its own in-house brands, the closest pure K-beauty match to MiiN.
~$190MComparable
Sociolla
Beauty retailer and distributor selling many brands online, in its own stores and to other retailers, with a heavy share of Korean beauty, the same approach as MiiN.
~$150MComparable
Nykaa
Beauty retailer selling many brands online and in its own shops, with its own private-label brands, like MiiN's retail-plus-own-brand model.
~$150M (pre-IPO)Comparable
Birchbox
United States · www.birchbox.com ↗
Online beauty retailer that sold other brands online and in shops and added its own brands, similar to MiiN's direct-to-consumer model.
~$90MComparable

In the same niche 27 others

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Notes: Most funded first

Investors 2

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Barlon Capital
barloncapital.vc
Led round 2024 Spain
Mazinger Ventures
Investor HQ unknown

Funding rounds 1

DateRoundAmountLead
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