District Ventures Capital has closed an equity investment with Province Apothecary, marking its second investment in the clean beauty space.
WHO: Founded in 2012 by Julie Clark, Province Apothecary was created with the intent of providing natural, organic beauty products suitable for all skin types, including the most sensitive skin complexions. Using only high-quality, certified organic ingredients sourced from each Canadian province, their product line remains committed to innovation, sustainability, and small-batch skincare, and includes ingredients such as organic seaweed from Nova Scotia, maple syrup from Quebec, organic sunflower oil from Ontario, and organic beeswax from Alberta. In addition to products, the brand offers a variety of services from their Toronto clinic including Naturopathic Consultations, Facial Rejuvenation Acupuncture, and Eyebrow Shaping and Tinting.
District Ventures Capital is a venture capital fund investing in innovative companies in the food and beverage and health and wellness sectors. The fund is led by General Partner Arlene Dickinson. District Ventures is the leading ecosystem in Canada that focuses on the CPG space and brings capital, marketing support, programming, and commercialization as support to the companies it invests in.
IN THEIR OWN WORDS: “After learning about Province Apothecary and their organic product line, we were excited to learn more about the formulation process and company mission,” said Arlene Dickinson, General Partner, District Ventures Capital. “We came to discover a product that not only provided incredible skincare results for consumers, but a Canadian company that supported an array of sustainable practices and provided a fresh perspective into the beauty industry. Today, we are enthused to call them partners.”
“We’re delighted to partner with District Ventures Capital and to continue growing the Province Apothecary brand with their knowledge and expertise,” said Julie Clark, founder of Province Apothecary. “From the outset, Province’s mission has been to create not only a product but a brand that promotes health, wellness, and sustainability and we look forward to a partnership with a fund that shares this interest.”
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