The Consumer Roundup #24
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Hey friends,
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.
RSVP Here For Coffee Meetup in LA
On to the weekly fundraising update –
Deals & Debuts
Consumer Brands
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
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Consumer Technology
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
Retail
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
Creator Economy
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
eCommerce Technology
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.