Discover our new platform for startups – read more

Céline Farcet

Interview

Broadening Horizons Through Deep Tech

Céline Farcet’s journey at L’Oréal R&I exemplifies a profound evolution in corporate innovation, transitioning from material science to spearheading tech partnerships.

She shifted her focus from academia to startup collaborations, particularly in Deep Tech, to enhance L’Oréal’s innovation pipeline. “I was super curious about it,” Farcet explains, highlighting her proactive move towards more open and collaborative innovation models.

This strategic shift in tech partnering strategies underscores L’Oréal’s commitment to integrating sustainable technology and deep tech collaboration into their corporate fabric.

Innovation at L’Oréal: A Global Perspective

The scope of Farcet’s role at L’Oréal is truly global. Her activity spans across the U.S., Israel, Asia, and Europe.

This international strategy allows L’Oréal to “scan globally all the innovations that could come from the ecosystem of startups.”

This ensures that only the most fitting advancements are chosen, aligning with their strategic challenges. Such global scanning is crucial for maintaining a competitive edge in the rapidly evolving cosmetics sector.

Pioneering Projects and Partnerships

Farcet shares insights into some exciting projects, such as L’Oréal’s acquisition of Lactobio. This Danish microbiome startup (the microbiome is the community of microorganisms, such as fungi, bacteria and viruses, that exists in a particular environment) is part of L’Oréal’s portfolio alongside Gjosa, a Swiss company. Gjosa developed a low-flow showerhead in partnership with L’Oréal.

These examples highlight L’Oréal’s dedication to diversifying its technology base and enhancing sustainability efforts. Furthermore, they reflect L’Oréal’s strategic approach to improving product offerings through innovative external collaborations.

The Role of Events in Scouting Innovations

Participation in events like Hello Tomorrow’s Global Summit is crucial for Farcet and her team.

These events help them identify and integrate cutting-edge technologies. “It’s not enough to just meet [startups],” Farcet explains.

She emphasizes the importance of conducting meticulous technical due diligence. This process determines the potential cosmetic value of new technologies. Consequently, this thorough vetting ensures that only the most promising innovations meet L’Oréal’s rigorous selection criteria.

Looking Ahead: Innovation at L’Oréal Through Sustainability and Tech Integration

Farcet is particularly excited about the role of sustainable technologies in meeting L’Oréal’s future goals.

The ‘L’Oréal for the Future’ program aims to transform L’Oréal’s activity by taking into
account the complete value chain (upstream and downstream) by 2030. One of the commitments leads to increase in the incorporation of bio-based ingredients through sustainable processes without increasing
land use.

This ambitious plan requires continuous innovation and effective partnerships, leveraging both to maintain a balance between growth and sustainability.

Find Céline on:

Find Ben on:

Summary

Become a member of Sesamers

Sesamers is a private community for entrepreneurs, VCs, corporates and events.

Follow Us

you might also like

FoodTech Startups

The Crushi, a Dutch company, aims to make an impact at SIAL Paris 2024 with its innovative frozen sushi, designed for quick preparation in an oven or air fryer. Co-founders Jeroen van de Velde and Martijn Klein have patented their product, combining fresh ingredients with crispy panko breadcrumbs. With intellectual property secured in the EU, U.S., and Japan, they plan to expand globally, starting with France. Crushi targets convenience-loving Europeans, offering vegan-friendly options that align with popular food trends like air fryers.

FoodTech + 1
Events Innovation

VivaTech 2024, held from May 22 to May 25 at Paris Porte de Versailles, has again proven to be a global epicenter for tech innovation and sustainable advancements. With more than 400,000 business connections made and over 13,500 startups participating, this event has solidified its place as a crucial meeting point for entrepreneurs, investors, and tech enthusiasts worldwide. This VivaTech 2024 recap will highlight the standout moments and key innovations that defined the event.

Events + 1
AI Podcast

Discover insights from Adrienne Jan, Chief Product Officer at Scaleway, on Product Management in AI, innovation, and career advice at VivaTech 2024. Learn about her journey and tips for future product managers.

AI + 1

Subscribe to
our Newsletter!

Stay at the forefront with our curated guide to the best upcoming Tech events.