Olamide Olowe, a Nigerian-American entrepreneur, has reached a remarkable milestone in the global business landscape as the youngest Black woman to secure more than 10 million dollars in venture funding. Her achievement reflects a blend of scientific curiosity, cultural awareness, and disciplined leadership that continues to shape her growing influence in the skincare industry.
She co-founded Topicals in 2020 with a clear mission: to develop research-driven products for chronic skin conditions such as hyperpigmentation, eczema, and irritation, while ensuring that people of all skin tones were fully represented in both formulation and branding. Her approach drew attention at a time when consumers were demanding greater accuracy, transparency, and inclusivity from beauty companies.
Topicals entered the market with a focus on measurable results rather than marketing trends. This commitment, supported by dermatological research and clinical testing, quickly established the brand as a standout in a competitive field. Within a short period, Topicals became one of the fastest-growing skincare lines at Sephora, earning a loyal customer base and widespread industry recognition.
Olamide’s work demonstrates the value of building companies that serve communities often overlooked by traditional beauty standards. Her rise also shows how founders who understand both cultural context and scientific rigour can redefine entire categories. Investors and industry leaders have pointed to her combination of discipline, purpose, and strategic execution as the foundation of her success.
Beyond the commercial growth of Topicals, Olamide’s story carries wider significance. It underscores the expanding influence of young African and diaspora innovators who are reshaping global consumer markets through thoughtful problem-solving and representation. Her journey continues to inspire a new generation of founders who see possibility where others once saw limits.
