The Consumer Roundup #2
Hey Friends,
I hope you enjoyed last week’s edition. Here are the latest fundraises & news in emerging consumer technology & consumer product industries. I’m also thinking about adding a jobs section as well for VCs firms and emerging companies that are hiring. If you’d be interested in the section and/or are advertising a job that would like to be featured, let me know.
In The News…
Shein is in talks to raise $3 billion in a down-round that would drop their valuation from $100 billion to $64 billion. But still eyeing an IPO later this year - More Here from Charged
Deals & Debuts:
Guayakí, producer of Yerba Mate, raises $75 million - More Here from Forbes
MySpace founders raise $32 million seed round for PLAI Labs, a Web3 gaming company, - More Here from TechCrunch
Modify Health, a food platform that delives get-friendly dietary meals, raises $10 million - More here from PR News
Carry1st, a South African social gaming publisher, raises $27 million - More Here from Tech Crunch
Goldenset Collective, a fund that invests in creators and their businesses, raises $10 million - More Here from TechCrunch
Posterity Health, the male fertility platform, raises $7.5 million - More Here from Business Wire
Syky, the digital web3 fashion platform, raises $9.5 million - More Here from Retail Dive
Grounded People, Canadian vegan footwear brand, raises $2.5 million - More Here from Fashion Network
Slay, a German positive social media network for teenagers, raises €2.5 million - More Here from TechCrunch
Waterdrop, a hydration platform, adds Novak Djokovic as an investor - More Here from Waterdrop
John Legend launches skincare line Loved01 that treats the needs of melanin-rich skin – More Here from PR Newswire
Diageo (owns Johnnie Walker, Guinness + 200 other alcoholic beverage companies) adds Don Papa Rum to its portfolio by purchasing them for $280 million upfront + $191.7 million based on 5-year performance - More Here from Rappler
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Thanks for reading,
Mike