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The Consumer Roundup #23
Welcome to The Consumer VC, a newsletter about venture capital and consumer. If you aren’t subscribed, come and subscribe below.
This issue is brought to you by Vauban from Carta - the easiest way to launch & run your venture investing.
I hope all the dads that are reading have a great Father’s Day.
📆 This week I’m hosting a webinar about How to Scale Your Consumer Brand from an Operations Perspective: How to Optimize your Supply Chain, Fulfill and Expand Globally on Tuesday (6/20) at 12pm PST.
It would be great to see you there.
On to the fundraising update -
Deals & Debuts
Beekeeper’s Natural, the health and wellness brand that produces clean, effective products powered by propolis and backed by science, raised $14 million co-led by Devonshire Investors and CAVU Venture Partners with participation from Vibrant Ventures and Muse Capital - PR Newswire
Unspun, the fashion and apparel technology brand that us 3D weaving technology to boost just in time manufacturing, raised $14 million Series A led by Lowercarbon with participation from Climate Capital, SOSV, Signia Ventures, MVP Ventures, 50Y and the Mills Fabrica - Vogue Business
A Quick Word From Our Sponsor
Vauban from Carta is the easiest way to launch & run your venture investing. They offer SPVs, and fund vehicles for GPs at all stages of the journey - from your first syndicate to operating a multi-million dollar venture fund. Their end-to-end platform automates your back-office and manual workflows so you can focus on what matters: finding the next unicorn & building investor relationships.
Oova, the at-home fertility tracker startup, raised $10.3 million Series A led by Spero Ventures with participation from US Fertility, Virgin Group, Jefferson Health, Connecticut Innovations, Hannah Bronfman and Sara Blakely - Spero Ventures
Hyper, the company that is making it easier to create online avatars, raised $3.6 million from Amazon - TechCrunch
Versed, which uses generative AI to help storytellers create video games, raised $1.7 million in pre-seed funding led by Google’s Gradient Ventures with participation from Cherry Ventures - TechCrunch
Henkel, the German consumer goods holding company, sells Diadermine skincare to Beauty International B.V. for $17.89 million - Fashion Network
Funds Raising Funds
Kyber Knight Capital, a venture firm cofounded by Sunny Dhillon and Linus Liang closed $120 million fund 1 that’s focused on pre-seed and seed. LPs include Alphabet, Inc. Chairman John Hennessy; Bain Consulting’s global head Manny Maceda; former Dreamworks Animation President Chris DeFaria; former President and CEO of eBay and Hewlett Packard Meg Whitman; former MGM Chairman and CEO Gary Barber; previous Warner Brothers Chairman and CEO Kevin Tsujihara and former Chairman and CEO of The Walt Disney Company Michael Eisner. - Globe Newswire
Black Seed, an early-stage British venture firm raised $6.2 million fund 1 that’s dedicated to supporting Black founders. Fund 1 was led by led by asset manager M&G Investments, with participation from Atomico and Molten Ventures - TechCrunch
Thanks for reading.