Natural beauty and wellness retailer Onatera, formerly known as Ma Boutique O Naturel, raised €10MM to accelerate growth from French venture capital firm Capital Croissance.

WHO: French retailer Onatera was founded in 2011 leveraging 30 years of experience in Naturopathy. The business is an online retailer of natural and organic cosmetic products, food supplements, and essential oils.

DETAILS:

• Onatera raised €10MM of inward investment from French venture capital firm Capital Croissance.
• Previous owner Entrepreneur Venture, an investor since 2015, will exit the company in this transaction.
• According to Cosmetics Business, Onatera has achieved turnover of approximately €40MM with an average growth rate of 40% per year over the past four years.
• The company expects this investment to boost its turnover to €100MM within a year.