Cyden (iPulse)
Swansea-based maker of home-use intense pulsed light (IPL) hair removal devices, sold under its SmoothSkin brand and as an ODM supplier to a large partner.
Cyden designs, develops and manufactures home-use IPL hair removal and light-based skin care devices, including LED red-light products. It sells them under its own SmoothSkin brand internationally and as an Outsourced Design Manufacturer to a single large customer. It is the main trading subsidiary of iPulse Ltd, was incorporated in 2002 and raised early venture funding including a Series C from Unilever Ventures in 2008. Parent iPulse Ltd reported turnover of £83.8m for 2023, down from £100.5m in 2022, with a pre-tax loss of £2.43m, and averaged about 275 employees in 2023. Note that this is a consumer beauty-tech hardware company, not an AI software company.
