Chemberry, the ingredient search platform set-up by Swiss ingredients supplier Clariant in 2018, is going solo.
Effective since the start of March, the company is now operating independently under the new name Covalo, a brand of Covalo Ltd., a Swiss stock corporation established by former Chemberry employees.
The platform will also widen its mission to make beauty product development faster and easier, tackling challenges across the product development process beyond ingredient sourcing.
“We are very proud of what Chemberry has achieved in a short time under Clariant. Now, as Covalo, it will widen its mission to tackling challenges across the beauty product development process beyond ingredient sourcing,” commented Sibylle Mutschler, Head of Transformation, Clariant.
“Covalo’s vision is to make beauty product development faster and easier by connecting and facilitating collaboration between beauty brands and suppliers also in the areas of contract manufacturing, formulation and testing services, and packaging. We wish them well for the exciting times ahead.”
“Clariant has provided us with invaluable insights and support over the last few years,” added Timo von Bargen, Chief Executive Officer of Covalo.
“Being a part of an established specialty chemicals company also lent us the perspective of an ingredient supplier so we could understand the difficulties around ingredient marketing and transparency.
“This was critical for us when pitching our ideas not just to beauty brands but also to other ingredient suppliers.
“Although the last three years provided us with an incredible learning opportunity, we’re also excited for the next chapter where we will help beauty brands reduce time to market.”