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Dewy Lab

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Clean ingredient cosmetics for sensitive skin

Huangpu, ChinaFounded 2020
Valuation $100–250M Last recorded · 2022
Total funding $10–50M Disclosed equity funding
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About Dewy Lab

Dewy Lab is a Chinese clean beauty brand headquartered in Shanghai, founded in 2020. The company develops cosmetics with a focus on 'clean ingredients' and 'excellent makeup effects,' specifically targeting female consumers aged 25-35 with sensitive skin. Dewy Lab's product line includes foundation cream, loose powder, and concealer, which have achieved significant sales, with monthly figures reaching up to 5 million RMB.

The company, legally known as Shanghai Da wei Science and Technology Development Co., Ltd. and led by founder and CEO Zhou Hui, has positioned itself in the high-end segment of the market. It launched its first collection in January 2021 and secured three rounds of financing within a year, including a Pre-A round of over ten million USD from investors like Huachuang Capital and the lifestyle platform Xiaohongshu.

A core aspect of Dewy Lab's strategy is its commitment to research and development. The company established the Dewy Lab Clean Beauty Standard (DCBS), eliminating over 70 controversial ingredients from its products. It has developed proprietary technologies like TC-Summit to replace D5 in foundations and "Velv-Rime" ingredients as a substitute for talcum powder in loose powders. To advance its R&D capabilities, Dewy Lab has formed strategic partnerships, including establishing a lab with Shanghai Jiao Tong University and collaborating with the global ODM leader Intercos Group to create exclusive clean beauty formulas.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Huangpu, China
Open positions
None listed
Dealroom signal
11.3/100
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Feb 2022 $20M $80M China Growth Capital · Huachuang Zhiye Capital · RedNote ↗
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • China Growth Capital
  • Huachuang Zhiye Capital
  • RedNote
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Huangpu HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dewy Lab on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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