Medical aesthetic products. Tattoo aftercare company Mad Rabbit Tattoo secures US$10 million Series A funding round

THE WHAT? Tattoo aftercare company Mad Rabbit Tattoo has secured US$10 million in a Series A funding round, led by private equity firm Lucas Brand Equity (LBE), with other investors including Mark Cuban, and H Venture Partners.

THE DETAILS With the new funding, Mad Rabbit plans to expand its product line, increase its marketing efforts, and grow its team.

THE WHY? The tattoo industry has been experiencing a surge in investment recently, showcased by the BIC acquisition of Inkbox and Prinker Korea Inc.’s recent investment from L’Oréal, while LG Household & Health Care announced the imminent launch of a portable tattoo printer. 

Oliver Zak, CEO of Mad Rabbit, says: “This investment will allow us to continue to innovate and expand our product line, while maintaining our commitment to quality and customer satisfaction.”

Medical aesthetic products refer to a category of products used in the field of medical aesthetics, which combines medical practices with cosmetic procedures to improve the appearance of individuals. These products are typically used under the supervision of trained medical professionals such as dermatologists, plastic surgeons, or specialized nurses. They are distinct from over-the-counter cosmetics in that they often contain higher concentrations of active ingredients or require medical expertise for their application.

Examples of medical aesthetic products include:

• Dermal Fillers: Injectable substances used to restore volume, fill wrinkles, and enhance facial contours. These may include hyaluronic acid fillers like Juvederm or collagen-stimulating fillers like Sculptra.

• Botulinum Toxin (Botox): Injectable neurotoxins used to temporarily paralyze facial muscles, reducing the appearance of wrinkles and fine lines caused by facial expressions.

• Chemical Peels: Solutions containing chemical exfoliants like glycolic acid, salicylic acid, or trichloroacetic acid, used to improve skin texture, treat acne scars, and reduce hyperpigmentation.

• Laser and Light Devices: Equipment used for various skin treatments, including hair removal, skin resurfacing, tattoo removal, and treatment of vascular and pigmented lesions.

• Prescription Skincare Products: Formulations containing active ingredients such as retinoids (e.g., tretinoin), hydroquinone, or prescription-strength antioxidants, designed to address specific dermatological concerns under medical supervision.

• Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production and improve skin texture and elasticity.

• Cosmeceuticals: High-quality skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing biologically active ingredients with proven efficacy.