Covalo secures €3.5M seed extension
Zurich-based Covalo has raised a €3.5 million seed extension to address one of the personal care industry’s most persistent operational headaches: fragmented ingredient data spread across suppliers, formats, and compliance regimes.
The company says its platform connects more than 1,500 suppliers with roughly 6,000 brands, helping teams centralize and standardize ingredient documentation used across product development, procurement, and regulatory workflows.
Why ingredient data is becoming a bottleneck
Personal care brands are facing accelerating reformulation demands as regulations evolve and consumer expectations shift toward transparency and safety. Covalo points to an industry estimate that 80% of products could require reformulation by 2030, a trend that increases the volume and complexity of ingredient-related information that must be collected, validated, and kept current.
In practice, brands often manage ingredient specifications, certificates, and compliance statements through email chains, spreadsheets, and disconnected systems. That fragmentation can slow down launches, create version-control risks, and increase the cost of audits and regulatory submissions.
What the funding supports
With the new capital, Covalo is expected to expand its product capabilities and scale adoption across its network. The company’s core pitch is that a shared, structured layer for ingredient data can reduce repetitive back-and-forth between suppliers and brands while improving traceability.
The seed extension underscores growing investor interest in infrastructure software for regulated consumer goods, where data quality and speed-to-market are increasingly competitive differentiators.
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