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The Consumer Roundup #17
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I hope you all are having a great weekend.
Some news – we’re doing another The Consumer VC LIVE event on Tuesday, May 23rd. This time we’re headed to Dallas, TX. I’ll be interviewing Matt Alexander, Founder & CEO of Neighborhood Goods followed by a CPG-focused panel with Marisa Bertha (Liquid Death), Blake Wiley (Access Capital), Greg Russell (Pitted Ventures) + a discussion with Lindsay Lightman (RevTech Ventures) about the future of retail from a technology perspective.
If you’re going to be in Dallas or plan on heading there –
Thank you RevTech Ventures for hosting us.
On to our weekly recap of all the consumer(esque) fundraises –
Range, the online wealth management provider that uses AI technology, raises $12 million Series A led by Gradient Ventures, Google’s AI-focused venture fund with participation from Expa, Red Sea Ventures, 8-bit Capital - FinSMEs
Wayhome, which allows new home owners to part buy and part rent, raises $10.11 million Series A led by Allianz X, Augmentum Fintech and Volution. Love Ventures and Cur8 Capital also participated - Tech.eu
Marble, a digital wallet that let’s you manage, shop and earn rewards on insurance policies, raises $4.2 million seed plus led by Distributed Ventures, with participation from new investors Blue Collective, Goodwater Capital, and CE Innovation Capital; existing investors IA Capital Group, MS&AD Ventures, Reciprocal Ventures - Insurance Innovation Reporter
EVEN, the platform that allows artists to sell their music directly to fans and for fans to get rewarded for that support, raises $2.2 million Seed Round led by CSA partners with participation from gener8tor, VC414, gAngels, Daniel Rotman, Adie Akuffo-Afful, Donte Murry, and Ogo - PR Newswire
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CPG & Consumer Brands
Hero Bread, the better-for-you low carb bread company, raises Series B which brings their total funding amount to $47.5 million. Investors in the round include Cleveland Avenue, DNS Capital, Union Grove Venture Partners, Composite Ventures, GreatPoint Ventures and The D'Amelio Family Fund, 444 Capital - PR Newswire
Origin by Ocean, the Finnish company that is turning algae into food, cosmetics, detergents, textiles, raises $8.41 million from Voima Ventures, Lifeline Ventures, Batofin and Security Trading - Arctic Startup
Sourse, the chocolate vitamin brand, raises $2.4 million in seed funding from New Theory Ventures, H Ventures, JAWS Ventures, Satori Capital, Short List Capital, Harlo Capital and LDR Ventures. Model Sanne Vloet and Nicole Cogan - Glossy
Ace Turtle, the Indian omnichannel eCommerce and retail platform, raises $34 million Series B led by Vertex Growth, SBI Investment Co. Ltd., Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures and Trifecta Capital - PR Newswire