The Consumer Roundup #11
The Consumer Roundup #11
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Hey Friends,
I’m heading to Shoptalk today and will be there until Wednesday morning. If you’re in Vegas for it, would love to say hello. Here’s the latest edition of The Consumer Roundup featuring all the deals in consumer products and technology from the past week. I hope you’re having a great weekend.
Deals & Debuts
Consumer Brands & Retail
Blank Street Coffee, the coffee chain whose premise is to deliver a delicious cup of coffee cheaper than Starbucks, raises $20 million from General Catalyst and Tiger Global - Fast Company
Topo Designs, the outdoor apparel and bag company, receives growth equity investment from Gart Capital Partners - PR Newswire
True Botanicals, the clean skincare brand, raises Series B from NextWorld Evergreen - PR Newswire
Momofuku Goods, celebrity chef David Chang’s CPG line that sells “a line of restaurant-grade pantry essentials”, raises $17.5 million led by Siddhi Capital - The Spoon
Mad Rabbit, the tattoo skincare brand, raises $10 million Series A led by Lucas Brand Equity - Beauty Packaging
Vacation, the 80s & 90s inspired sunscreen brand, raises $6 million Series A led by Silas Capital - Business of Fashion
Matter of Fact, the clinical skincare brand, raises $6 million Series A led by Horizon Ventures and Cowboy Ventures - WWD
House of M Beauty, the saffron-based luxury skincare brand, raises $2 million from female angel investors within the Vietnamese community - Beauty Matters
BACX, the British plant-based performance drink, raises $1.5m round led by former F1 drive Sebastian Vettel - Vegconomist
Della Vite, the UK based Prosecco brand, raise $3.7 million led by La Hechicera rum founders Miguel and Laura Riascos - Just Drinks
Consumer Technology
Kream, the South Korean luxury goods reselling platform, raises $168 million Series C led by Altos Ventures - TechCrunch
ID Finance, the Spanish fintech company that is releasing a financial wellness app called Plazo, raises $32.3 million round led by Kingsway Capital - tech.eu
Bend Health, a telehealth provider pediatric behavioral care provider, raises $32 million from Maveron, SteelSky Ventures, and WVV Capital - PR Newswire
OP3N, the startup that is building the “Web3 version of WhatsApp meets Amazon, or WeChat meets Alibaba.” raises a $28 million Series A round led by Animoca Brands - TechCrunch
Reebelo, the Singapore-based consumer electronics reseller that’s expanding to the U.S., raises $29 million in Series A extension led by Cathay Innovation - TechCrunch
Illumix, the AR startup that creates new brand experiences and changes the way we shop online, raises $18 million Series A from LightShed Ventures, Henry Kravis, and Matthew Ball - Forbes
Good Eggs, the grocery delivery company, raises $7 million from Glade Brook Capital Partners on a $15 million pre-investment valuation. That’s a 94% drop in valuation from their height in 2020 - The Information
Thoughtfull, the south-east Asian mental health platform, raises $4 million in a pre-Series A round led by Sheares Healthcare Group - TechCrunch
Allermi, a telehealth and consumer products company that focuses on allergies and nasal sprays, raises a $3.5 million seed round led by Nelstone Ventures - Bizjournals
Loupe, the streaming online art gallery platform, raises $3 million Seed+ led by ALIAVIA Ventures - FINSmes
Maqsad, the Pakistani-based edtech platform that offers “an exceptional learning experience for students at a fraction of the cost”, raises $2.8 million seed round led by Speedinvest and Indus Valley Capital - Technode Global
MOGL, the marketplace that connects student athletes and brands for endorsement opportunities, raises $2.6 seed round led by Magarac Venture Partners - Sports Business Journal
M&A
Grind, the London based café retail group, acquires RTD brand Bottleshot for $18.3 million - Catering Today
Developing Stories
Turo updated their IPO paperwork and will be looking to go public once the market improves - TechCrunch
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