The Consumer Roundup #19
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Hey Friends,
Hope you’re all having a great weekend.
Final Reminder: If you’re in Dallas, TX – we’re producing another The Consumer VC LIVE event THIS Tuesday, May 23rd. 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)
If you’re going to be in Dallas or plan on heading there –
Click Here to RSVP
On to the fundraising update –
Deals & Debuts
Consumer Tech
Hallow, the faith-based app that has 10 million downloads, raises $50 million Series C led by Goodwater Capital - Hallow
Utitea, the company that’s trying to foster connection between music artists and their superfans, raised a $7 million seed round led by 1st Class Guernsey, Chaos Capital, TokenSociety and Fuel Venture Capital - Music Ally
Azteco, the fintech company that’s focused on unbanked users to create and top up digital wallets using Bitcoin vouchers, raises $6 million seed round led by Jack Dorsey and also includes Lightning Ventures and Hivemind Ventures - Built in LA
AnotherBlock, the blockchain-based music marketplace, raises $4.3 million led by Stride VC - TechCrunch
A Quick Word From Our Sponsor
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Consumer Brands
Shein, the online fashion company, raises $2 billion at $66 billion valuation. Sequoia Capital and General Atlantic co-led the round - WSJ
Prime Roots, the company that makes deli-style meats made from koji mycelium, raises $30 million Series B from True Ventures, Pangaea Ventures, Prosus Ventures, Top Tier Capital, Diamond Edge Ventures, SOSV/IndieBio, Solasta Ventures, Monde Nissin, Alumni Ventures, Gaingels, Meach Cove Capital, The House Fund, and Hyphen Capital - PR Newswire
Ora, the Singapore-based telehealth and skincare brand, raises $10 million Series A led by TNB Aura and Antler, with participation from Gobi Partners, Kairous Capital and GMA Ventures - Asia Tech Daily
LS Cream Liqueur, the first black-owned cream liqueur brand, raises investment round from Fearless Fund - PR Newswire
Millie Bobby Brown’s Florence by Mills launches a coffee line - NOSH
Funds Raising Funds
Growth equity firm, BroadLight Capital, debuts with $225 million fund 1 focused on technology, consumer, and media & entertainment sectors. It was founded by entertainment attorney Kevin Yorn, talent manager Rick Yorn and investment banker David Dorfman - Deadline