L Catterton invests in Katherine Power's new beauty brand MERIT as part of $20m funding round

The brand, founded by serial entrepreneur Katherine Power in January this year, has been aggressively expanding in the US and Canada

MERIT, the minimalist beauty brand that is just eight months old, has announced a US$20m Series A funding round, led by private equity firm L Catterton.

The make-up brand was launched in January by serial entrepreneur Katherine . . .

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