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The Consumer Roundup #29
Welcome to The Consumer VC, a newsletter about venture capital and consumer. If you aren’t subscribed, come and subscribe below.
Hope you all had a great weekend. Here are a couple of events that are coming up.
📆 If you’re in LA - We’re hosting another coffee meetup for consumer founders & investors this Wednesday (8/9) morning in Venice, CA.
📆 I’m also hosting a webinar about how to build and invest in Beauty and Personal Care Brands on Tuesday (8/29) at 12pm PST.
On to the update.
GoStudent, the tutoring marketplace, raised $95 million from Deutsche Bank, Left Lane Capital, DN Capital, Tencent, Prosus, DST, Coatue and Softbank Vision Fund 2 - TechCrunch
Inworld AI, which creates AI-based characters for games, raised $50 million led by Lightspeed Venture Partners with participation from Stanford University, Samsung Next, Microsoft’s M12 fund, First Spark Ventures cofounded by Eric Schmidt, and LG Technology Ventures - Venture Beat
Petal, which provides individuals access to credit cards that don’t require a credit score, raised a $20 million equity round and $200 million debt facility from Victory Park Capital - FinTech Finance News
Epiterna, the company that is working on slowing ageing, raised $11 million from Prima Materia - Sifted.eu
Ozlo, which produces earbuds to help you sleep, raised $10.1 million, led by healthcare investors LifeArc Ventures and Artis Ventures - Fast Company
Ansā Roasting, the Israel-based coffee-tech startup that has created an autonomous mini roaster, raised $9 million led by Jibe Ventures - PR Newswire
Grasp, the edtech startup that wants to increase the rate humans learn, raised $3.97 million led by Balterton Capital - EU Startups
MasterExchange, the music platform that allows anyone to invest in their favorite songs, raised $2.7 million round led by Vectr Fintech - Silicon Canals
Konscious Foods, the Canadian plant-based seafood brand, raised a $26 million seed round from Protein Industries Canada, Zynik Capital, and Walter Group - Business Wire
Pelvital, the company that produces Flyte – an at-home device that treats stress urinary incontinence, raised $2.68M led by Boomerang Ventures with participation from VisionTech Partners, Wisconsin Investment Partners, and Edward Bergmark - FemTech Insider
Béa Fertility, the company that produces at-home fertility kits, raised $3.2 million led by Octopus Ventures with participation from JamJar, Forward Partners, Calm/Storm and Q Ventures - Forbes
Evolvetogether, the personal care brand, raised a seed round led by True Beauty Ventures - Beauty Matter
Haus, the platform that helps brands measure ROI on their marketing spend, raised $17 million led by Insight Partners - TechCrunch
Funds Raising Funds
Ribbit Capital, known for their investments in Brex and Robinhood, raised $800 million for their 10th fund - The Information
Bansk Group, the CPG-focused private equity fund, raised $800 million fund - Buyout Insider
Livekindly Collective, a holding company of several plant-based food brands, acquired Alpha Foods for their sixth acquisition – Food DIve
Nona Lim, the ready-to-eat noodle company, has been acquired by DDC Enterprise, the Hong Kong-based food content platform - Nosh
BeautyBio, a clinical beauty and skincare brands, has been acquired by Nu Skin Enterprises’ subsidiary Rhyz, Inc. - Yahoo
Bondi Sands, the Australian sun and body care brand, was acquired by Kao Corporation - Premium Beauty News