12 Aug 2024 --- Myavana, specializing in AI-driven personalized hair care, closes a US$5.9 million seed round led by Ulta Beauty’s Digital Innovation Fund. The capital injection will advance Myavana’s HairAI technology using microscopic hair analysis and advanced algorithms to “decode the intricacies” of hair texture, type and condition. Based on this analysis, HairAI provides consumers with instant product recommendations tailored to their specific needs.