Six-figure funding secured by award-winning hair care brand

Birmingham-based Afro hair care company Nylah’s Naturals has secured £530,000 in funding.

The investment is led by Midven and includes contributions from the Midlands Engine Investment Fund via the MEIF West Midlands Equity Fund and the West Midlands Co-investment Fund.

Nylah’s Naturals focuses on providing hair restoration solutions for Black women with Afro hair, with future plans to expand globally and serve a broader audience.

Due to this investment fund, the company has been able to appoint Bob Holt OBE, former CEO of the global cosmetics brand Revolution Beauty PLC, as its executive chairman.

Additionally, Dr. Sharon Wong, a renowned dermatologist and hair loss disorders specialist, has been named as the clinical advisor.

Kameese Davis, CEO of Nylah’s Naturals says, “In a landscape where less than 1% of VC money in the UK is allocated to all-female teams and only 0.02% reaches Black women entrepreneurs, this investment from both the MEIF and the West Midlands Co-Investment Fund, and our esteemed angels takes on an even greater significance. It not only demonstrates Midven’s commitment to levelling the playing field for underestimated founders but also serves as an example of hope for those facing immense barriers in the world of entrepreneurship.

“With this support, Nylah’s is poised to redefine the hair care offering for Black women and make a meaningful impact, not only for ourselves but for aspiring entrepreneurs who look up to us as well. The future holds incredible promise, and we are eager to begin this journey.”