The Consumer Roundup #15
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Hey Friends,
Hope you all had a great week. Friendly reminder – if you’re in LA, I’m co-hosting a coffee meetup on April 26th from 8-10am at Menotti’s Coffee Shop in Venice for consumer founders and investors
Now on to our fundraising updates –
Consumer Technology
GOALS, the Swedish soccer video game company, raises $20 million Series A led by Seven Seven Six with participation from Northzone, Moonfire, and Cassius - Forbes
Karate Combat, the company that is building a full-contact karate league with immersive CGI, raises $18 million led by Bitkraft Ventures with participation from Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, RooxieXBT - Decrypt
Yonder, the UK-based credit card company that targets millennials and Gen-Zs, raises $15.4 equity round Northzone and RTP Global, with angel investors Joseph Moore, Crust Bros founder, and Kunal Shah, the founder of Cred, joining existing major shareholders Sharmadean Reid, GoCardless founder Matt Robinson and former footballer Rio Ferdinand - TechCrunch
Rock The Bells, the music commerce and content company focused on hip-hop founded by LL Cool J, raises $15 million Series B led by Paramount with partipation from Raine Ventures, Irving Azoff, Amex Ventures and Wildcat Capital Management - Hollywood Reporter
Kindred, the private homeswapping network & a Consumer VC alumn, raises $15 million Series A led by New Enterprise Associates with participation from Andreessen Horowitz, Caffeinated Capital, Bessemer Venture Partners, and Outset Capital - TechCrunch
Mansa, the streaming platform focused on diverse storytelling and Black culture, raises $8 million Seed round led by MaC Venture Capital and participation from Robert F. Smith, WndrCo, Mike Novogratz’s Galaxy Investment Partners, Base Ventures, Dubin & Co, and Rainmaker Films - AfroTech
Vinci Games, the game development studio currently developing a VR basketball experience called Blacktop Hoops, raises $5.1 million Seed round led by Makers Fund with participation from Y Combinator, Soma Capital, Pioneer Fund, Anorak Ventures, BonAngels, and Twitch co-founder Kevin Lin - FinSMEs
EVEN, the platform that allows music artists to sell their music directly to their fans, raises a $2.2 million seed round led by CSA Partners - TechCrunch
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CPG & Consumer Brands
Ynsect, the French insect protein company, raises $175 million - Bloomberg
KoRo, the Berlin-based better for you food brand, raises $22.1 million from SevenVentures, Associated British Foods, Haub Legacy Ventures HV Capital, Five Seasons Ventures and Partech - Tech.eu
VFC, the UK-based vegan fried chicken brand, raises $7.4 million led by Veg Capital - vegconomist
Cure, the functional hydration brand, raises $5.6 million Series A led by Lerer Hippeau with participation from Valedor Partners, Simple Food Ventures, Great Oaks Venture Capital, Joyance Partners, Silas Capital and Kim Clijsters - TechCrunch
eCommerce & Retail Technology
Rally, an e-commerce headless checkout platform, raises $12 million Series A led by March Capital with participation from Felix Capital, Commerce Ventures, Afore Capital, Alumni Ventures and Kraken Ventures - TechCrunch
Floodlight, the company that helps e-commerce sellers manage their finances from one dashboard, raises $6.4 million led by Aleph and 83North - CTech
Funds Raising Funds
Razor Group, the e-commerce aggregator, raises $88 million Series C at a $1.2 billion valuation and acquires Stryze, another e-commerce aggregator - TechCrunch
Define Ventures, led by Lynne Chou O'Keefe, raises $460 million across two funds to invest in early-stage digital health companies - Forbes
M&A
Lululemon is looking to sell Mirror, the connected fitness company they bought in 2020 - Bloomberg
Thanks for reading!