Esqa Funding: How Much Did They Raise & Key Investors

How Much Did Esqa Raise?
Funding & Key Investors

Esqa, the pioneering Indonesian vegan cosmetics brand, has successfully secured a significant capital injection, bringing its total funding to $10M. This latest strategic investment of $4M underscores the company's robust growth trajectory and its increasing dominance within the premium beauty sector. By prioritizing high-quality, cruelty-free formulations, the brand has effectively captured the attention of institutional investors looking to capitalize on the burgeoning demand for ethical consumer goods in Southeast Asia.

The recent financing round reflects a broader trend of institutional confidence in sustainable beauty brands that demonstrate both scalability and strong market resonance. As Esqa continues to refine its product portfolio, this influx of capital serves as a critical catalyst for its next phase of expansion, enabling the firm to solidify its market position and enhance its operational capabilities across the region.

What is Esqa?

Esqa

Manufacturing

Cosmetics, Beauty Supply & Personal Care Products

Retail

Esqa stands as the premier vegan cosmetics entity in Indonesia, distinguished by its commitment to premium quality makeup that emphasizes natural beauty rather than artificial alteration. The company offers a comprehensive suite of products spanning face, eye, cheek, and lip categories, all while maintaining a strict cruelty-free and vegan ethos. By aligning its product development with the values of modern, conscious consumers, Esqa has successfully carved out a unique niche in the competitive beauty landscape, effectively bridging the gap between luxury aesthetics and ethical manufacturing standards.

How much funding has Esqa raised?

Esqa has raised a total of $10M across 2 funding rounds:

2022

Series A

$6M

2024

Other Financing Round

$4M

Series A (2022): $6M with participation from East Ventures and Unilever Ventures

Other Financing Round (2024): $4M led by Unilever Ventures

Key Investors in Esqa

East Ventures

East Ventures is a prominent venture capital firm in Southeast Asia, focusing on supporting visionary founders from Seed to Growth stages with a strong emphasis on ESG-driven initiatives.

Unilever Ventures

Unilever Ventures is the corporate venture capital arm of Unilever, specializing in investing in high-growth companies to help them achieve brand recognition and scale.

What's next for Esqa?

With this major strategic investment, Esqa is well-positioned to accelerate its market penetration and deepen its brand equity. The company is expected to leverage these resources to scale its distribution networks, invest in R&D for new product lines, and potentially explore regional market opportunities beyond Indonesia. As the brand matures, the focus will likely shift toward optimizing supply chain efficiencies and strengthening its digital presence to maintain its competitive edge in the rapidly evolving beauty industry. The continued support from high-profile investors suggests a long-term commitment to scaling Esqa into a regional powerhouse.

See full Esqa company page

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