Meet Olamide Olowe, youngest black woman to raise $10m in funding

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Founder and CEO of Topicals Skincare, Olamide Olowe currently holds the record as the youngest Black woman ever to secure over $2 million in venture funding at the age of 26.

The milestone earned a spot in Forbes 30 Under 20 list in 2022 as she closed a significant $10 million financing round, with CAVU Consumer Partners taking the lead.

Founded in 2020, the company witnessed an impressive three-fold increase in revenue in 2021, achieving the remarkable feat of selling one product per minute in 2022. Olowe, drawing from her personal experiences growing up with chronic skin conditions and her tenure at Shea Moisture during her undergraduate years at UCLA, has been instrumental in shaping Topicals’ ethos.

– Cultivate partnerships that share your vision and bolster your mission. Olowe underscores the significance of strategic partners, like CAVU Consumer Partners, who provide not only financial support but also expertise and guidance.At the heart of Topicals’ philosophy lies the power of storytelling, serving as a catalyst for open conversations about mental health and challenging conventional beauty standards.

 

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