Rachel Weiss, vice-president for strategy and growth at France-headquartered cosmetics brand L’Oreal’s US operations, has been appointed partner at its corporate venturing unit, Bold Ventures.
Weiss has spent almost 15 years at L’Oreal and said she would be an early-stage investor at Bold, which has been run by Laurent Schmitt, head of corporate finance, since 2018.
Bold invests in new business models in marketing, digital, retail, communication, supply chain and packaging. Its portfolio companies include Sillages Paris, and others, including Carbios, Global Bioenergies, Functionalab Group, Slick, Replica Software and Gjosa.