tech

HaloBraid raises $7M from Seven Seven Six to end the six-hour hair salon appointment

HaloBraid aims to help salons speed up braiding with its first device, slated to launch later this year, that acts as a braiding assistant for professional stylists.

HaloBraid raises $7M from Seven Seven Six to end the six-hour hair salon appointment

TL;DR

  • HaloBraid has raised $7 million in seed funding, led by Seven Seven Six, to develop a robotic braiding assistant.
  • The device aims to reduce the time required for braiding hair, which can currently take up to 12 hours.
  • Founder Yinka Ogunbiyi, an engineer, views hair braiding as a technical problem solvable with technology.
  • The braiding assistant is designed to work with professional stylists, helping them complete braids in seconds after they start the process.
  • The company estimates that people spend 8 billion hours braiding hair annually, and 95% of surveyed individuals would braid more often if it were faster.
  • The investment will support product development, manufacturing, and salon partnerships.
  • HaloBraid's long-term vision includes creating technology to make textured haircare faster, easier, and more comfortable.