Inclusive e-commerce beauty brand thirteen lune, backed by Diddy, Gwyneth Paltrow, and more, has closed a $3 million seed round led by venture capital firm Fearless Fund. “We are delighted to welcome thirteen lune into the Fearless Fund family,” says Arian Simone, President and Chief Executive Officer of Fearless Fund, according to Essence. “Nyakio has created a groundbreaking space to foster inclusivity in the beauty and wellness industries and we are excited to support the brand as they continue to scale over the next few years.” As a Black woman founder, receiving funding does not come easy. In fact, only 93 Black women have received venture capital funding over $1 million as of December 2020. Nyakio Grieco — founder of thirteen lune — learned firsthand how difficult raising money can be as an entrepreneur. She was fortunate to collect funds from friends and family to debut her brand into the market. The new funds marks a hopeful step forward to create a new landscape for more...

More allyship in the beauty industry is needed for Black and brown-founded brands who deserve a bigger platform to showcase their work. Thirteen Lune — a first-of-its-kind e-commerce platform — is setting out to create that space for these founders in a way that resonates with their consumers and also creates more financial gains for these brands. According to a press release, Thirteen Lune was launched to create an experience for consumers that allows them to discover beauty brands founded by Black and Brown entrepreneurs. As stated on the platform’s website, Thirteen Lune is considered the world’s first fully inclusive beauty platform that redefines how Black and Brown beauty brands are viewed from a consumer and industry standpoint. The purpose of the platform is to give each beauty brand a space to both educate and engage a wider audience. Thirteen Lune was co-founded by Nyakio Grieco — founder of nyakio™️ Beauty — and Patrick Herning — founder and CEO of plus size-inclusive...