13 Jan 2023 --- L’Oréal has issued its first venture capital investment in the metaverse and Web3 space, signaling industry’s readiness to adapt to an evolving digital landscape. L’Oréal’s corporate venture capital fund BOLD (Business Opportunities for L’Oréal Development) has made a minority investment in US-based startup, Digital Village, a metaverse-as-a-service platform and NFT marketplace for brands, creators and communities.