L’Oréal, the world’s leading beauty company, today named its second cohort of 13 pioneering companies from eight countries selected to join the group’s flagship sustainable innovation programme, L’AcceleratOR. This programme endowed with €100M aims to identify, pilot and scale sustainable solutions of the future to solve the most urgent challenges we all face in climate, nature and circularity.
Building on the success of its first cohort of start-ups and SMEs, the L’AcceleratOR programme’s second edition is marked by its expanded geographical footprint. It has also extended the range of sustainability challenges addressed, including the first water-technology selection.
Meet the 13 Change Makers
Next-Generation Packaging & Materials
- Arda Biomaterials (UK): Creating a plant-based leather alternative for premium materials.
- Bormioli Luigi (Italy): Reinventing ultra-light and resistant glass packaging.
- Auressens (France): Creating metal-free, recyclable reflective pigments for packaging.
- Newlight Technologies, Inc. (USA): Converting methane into packaging.
Innovative ingredients & Formulas
- Bioweg (Germany): Harnessing the power of precision fermentation for new raw materials.
- Envision Energy (China): Developing green ammonia for hair colorants from renewable energy.
Advanced industrial processes
- Without (India): Recycling technology for hard-to-recycle flexible packaging
- HCpect (China): Treating plastic waste through a novel chemical recycling technology.
- MacroCycle (USA): Recycling Polyethylene Terephthalate (PET) through a low-carbon solution.
- Nexus (India): Producing batteries using agricultural waste through a circular technology.
- Upheat Solutions Oy (Finland): Bringing energy efficiency with novel industrial heat pumps.
- Laminar (USA): Enhancing industrial water management through intelligent sensor technology to reduce overall usage.
Data intelligence
- Waterplan (USA): Addressing water and biodiversity risks to drive local action through an AI-native platform.
These 13 partners will enter an intensive acceleration phase led by the Cambridge Institute for Sustainability Leadership (CISL) innovation team, focusing on pilot readiness. They will also have the opportunity to gain access to L'Oréal's global resources to launch 6-to-9-months pilot projects and potentially have their solutions scaled across the Group’s international operations.
“We are working to unlock new frontiers in the beauty industry through pioneering solutions.” said Ezgi Barcenas, Chief Corporate Responsibility Officer at L’Oréal. “This second L’AcceleratOR cohort reflects our ambition to bring together entrepreneurial ingenuity, scientific progress and the global reach of L’Oréal to help scale breakthrough innovations.”
“We’re excited to welcome the second cohort in the L’AcceleratOR program after many months of careful selection to find commercially relevant solutions in target geographies internationally. The continued investment and support to sustainability innovation shown by L’Oreal demonstrates the power of foresighted brands to lead the market towards better solutions for all”, added James Cole, Chief Innovation Officer at CISL.
As we welcome this second cohort, we are also thrilled to unveil our new docuseries, Entering L’AcceleratOR, which chronicles the journey of three of our inaugural cohort of change makers. This series takes viewers behind the scenes to see how these startups and our internal teams have worked together to pilot breakthrough solutions for commercialization. You can watch the first episode and follow the full series on our L’Oréal YouTube Channel
For more information to follow the progress of these innovators, and to be informed about the launch of our next call for application, visit: https://www.loreal.com/en/commitments-and-responsibilities/for-the-planet/accelerator/.