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The Consumer Roundup #24
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.
Thanks to all those who checked out the webinar last week.
📆 For this week, If you’re based in LA or will be in town this, we’re hosting another coffee meetup for consumer founders & investors this Wednesday (6/28) morning in Venice, CA. Manufactured and Retention.com will be taking care of your coffee. Hope to see you there.
On to the weekly fundraising update –
Deals & Debuts
Jaya Apparel Group, owners of Cinq à Sept and Likely Brands, raised an undisclosed amount from Velocity Brands Group - Business Wire
Tony’s Chocolonely, the chocolate brand that focuses on fair trade practices, raised $10.9 million from Verlinest and JamJar - FoodBev
Hawaii Volcanic, the premium water brand, raised $10 million from L.A. Libations - BevNet
BranchOut Foods, the plant-based dehydrated snack brand, raised $7.1 million in their IPO - IPO Scoop
BetterBrand, the food-tech company known for their product “Better Bagel”, raised $6 million Series A at a $170 million pre-money valuation led by Verso Capital with participation from Gaingels Fund, Seven Seven Six, Craft Lane and Kyle Vogt, Chris Hollod and Jeff and Glenne Azoff - TechCrunch
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.
DREST, the fashion gaming site that allows users to style virtual models with real-world clothing, raised $19 million from co-founder Graham Edwards’s family office - Business Insider
GoodBuy Gear, a resale marketplace for baby and children’s products, raised $14 million co-led by Interlock Partners and Revolution Ventures - Built In Colorado
GGTech, the organizer of Esports events and tournaments globally, raised $12 million from Glisco Partners - Access Wire
GoodBuy, the browser extension that automatically reveals small business products on top of mega-retailer sites, raised $6.3 seed round led by StageDotO Ventures with participation from Capital Eleven - Boise Dev
Leap, the platform secures leases and runs physical stores for DTC brands, raised $15 million from BAM Elevate, Costonoa Ventures, Equal Ventures, and Hyde Park Ventures - WWD
Captions, the A.I. video editing app, raises $25 million Series B led by Kleiner Perkins with participation from Sequoia Capital, Andreessen Horowitz, and SV Angel - Business Wire
Beehiiv, a platform for writing, monetizing, and growing newsletters, raised $12.5 million Series A led by Lightspeed Venture Partners with participation from Social Leverage, Creator Ventures, Blue Wire Capital, and Contrarian Thinking Capital - TechCrunch
Glystn, which helps creators mass reply to their followers, raised a $4 million seed round from Eniac Ventures, Hannah Grey VC and Future Perfect Ventures
Shoppable Business, the e-commerce platform that helps businesses procure branded products, raised a $1.15 million pre-seed round co-led by Foxmont Capital Partners and Seedstars International Ventures - TechCrunch
Thank you for reading.