In June 2015, Althea was founded to bridge authentic K-beauty to South East Asians.
Despite the increasing popularity of K-beauty items in the world, there was not a one-stop shopping destination where every and anyone in the world could enjoy authentic K-beauty products at a reasonable price, just as Korean consumers do in Korea.
Althea innovates the cross border distribution channel to connect K-beauty suppliers directly with SEA consumers.
Althea offers comprehensive K-beauty selections at the lowest price to our consumers and strives to become the gateway to the world, most favored by K-beauty suppliers.
Let’s begin a journey to Korea with Althea now.
Despite the increasing popularity of K-beauty items in the world, there was not a one-stop shopping destination where every and anyone in the world could enjoy authentic K-beauty products at a reasonable price, just as Korean consumers do in Korea.
Althea innovates the cross border distribution channel to connect K-beauty suppliers directly with SEA consumers.
Althea offers comprehensive K-beauty selections at the lowest price to our consumers and strives to become the gateway to the world, most favored by K-beauty suppliers.
Let’s begin a journey to Korea with Althea now.
Location: Malaysia, Kuala Lumpur
Employees: 11-50
Total raised: $3.5M
Founded date: 2015
Investors 4
| Date | Name | Website |
| - | BonAngels ... | bonangels.... |
| - | Bridge All... | bapvc.com |
| - | Tekton Ven... | tektonvent... |
| - | 500 Startu... | 500.co |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 27.05.2016 | - | $3.5M | - |
Mentions in press and media 4
| Date | Title | Description |
| 04.08.2023 | Antler Malaysia appoints serial entrepreneur as associate partner | ManagementNews Shadine Taufik · 8 Aug 2023 · 1 min readAntler Malaysia appoints serial entrepreneur as associate partner Antler Malaysia country head and associate partner Frank Kang / Photo credit: Antler VC firm Antler has appointed Frank... |
| 27.05.2016 | Althea raises $3.5M to sell Korean beauty products online in Southeast Asia | Althea, a Korea-based company that exports and sells cosmetics and beauty products to Southeast Asia, has closed a $3.5 million Series A round for expansion. A report co-authored by Google this week tipped Southeast Asia’s internet economy ... |
| 19.10.2015 | Althea Raises Seed Funding from 500 Startups | Althea, a Kuala Lumpur, Malaysia-based ecommerce platform selling Korean beauty products, raised seed funding from 500 Startups. The amount of the deal was not disclosed. The company intends to use the funds to continue to grow in Singapore... |
| 15.10.2015 | Daily funding roundup - October 15, 2015 | Quip secured $30M; OpenGov raised $25M; Niantic landed $20M OpenGov, which allows local governments to bring their data to the cloud, has an additional $25 million, it announced on Thursday The oversubscribed funding round included existing... |