The Consumer Roundup #23
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Hey friends,
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.
You can RSVP Here.
It would be great to see you there.
On to the fundraising update -
Deals & Debuts
Consumer Brands
The Green Coffee Company, which is seeking to become the world’s largest individual producer of arabica coffee, raised $25 million Series C - Daily Coffee
Ten Thousand, the men’s activewear clothing brand, raised $21.5 million Series A led by Provenance with participation from Fernbrook and Alfa - Retail Dive
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
Lalo, a company that produces and sells baby products, raised $10.1 million Series A led by Spin Master Ventures - Modern Retail
Gorgie, the energy drink company founded by Michelle Cordeiro Grant, rased a $6.5 million pre-seed round from Yossi Nasser, Harvey Sanders, Hans Tung, and Andrew Abraham - Forbes
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Consumer Technology
HyperPlay, a platform for launching Web3-native games, raised $12 million Series A co-led by Griffin Gaming Partners and Bitkraft Ventures - Decrypt
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
Sol Reader, which makes wearable fully immersive reading glasses, raised $5 million Seed round led by Garry Tan - TechCrunch
Hyper, the company that is making it easier to create online avatars, raised $3.6 million from Amazon - TechCrunch
One Future Football, the Australian virtual global soccer league that consists of 12 weekly matches, raised a $3 million round led Blackbird Ventures - 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
Retail
CAVA, the fast-casual Mediterranean restaurant chain, raised over $317 million in IPO - CNBC
M&A
Fanatics acquires Fexpro, a wholesaler of licensed sports and branded apparel in Latin America - WWD
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.