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The Consumer Roundup #35
Expo East Coffee Event, TikTok Shop Webinar & LA Event
Welcome to The Consumer VC, a newsletter about venture capital and consumer. If you aren’t subscribed, come and subscribe below.
Hope you’re all having a great start to your Wednesday. I just landed in Philly to head to Expo East. I love this city. I went to college here and I always get excited when I’m able to visit. If you’re looking for a good Italian restaurant, highly recommend Dante and Luigi’s. For cheesesteaks, my two faves are Jim’s and Dalessandros. If you want great mussels and beer, check out Monk’s Café.
Since we had so much interest in our coffee meetup at Expo East tomorrow 9/21…we decided to rent out the WHOLE coffee shop!
Here are the details –
📆 Thursday, September 21st from 8-10 am at Capriccio Cafe and Bar @ Cret Park in Philadelphia
Thank you to all our partners – Manufactured, Egan Nelson, Michael Best, ForceBrands, BrandRock Insurance, Access VC, Velocity CPG, Firstlook, Coefficient Capital, and Product & Prosper. And special shoutout to Marc Nathan and Hudson Penn for kicking off the idea.
📆 Today I’m also participating in TikTok Shop Summit where I’ll be talking to Lisa Guerrera, CEO of EXPERIMENT about how she balances going viral with inventory supply and staying in stock. This is part of a 5 hour Summit today all about how to leverage TikTok and utilize TikTok Shop for your business. Join us starting at 9am PST / 12pm EST. Really appreciate Pipe17 for thinking of me.
📆 Finally – if you live in LA, I’m co-hosting another monthly DTC Coffee on September 27th. Would love to see you there!
On to the consumer fundraising update.
Revel, a Spain-based flexible car subscription service, raised $16.07 million in equity from KKR, Santander Consumer Finance and $107.1 million in debt - TechCrunch
Duckbill, the personal AI assistant, raised $25 million Series A led by Forerunner - Fast Company
Beat the Bomb, the interactive real life/in-person social video game company, raised a $15 million Series B from Otium Capital and Conversion Venture Capital (CVC2) - PR Newswire
Hearth Display, a digital whiteboard for family task management, raised $4.6 million from Female Founders Fund, Stellation Capital, Sweater Ventures, Behind Genius Ventures, an SPV led by Golden Hour Ventures and Dream Ventures, and Ingeborg Investments - TechCrunch
BookSeats, the event travel tech company that makes it easy for fans to plan and book travel to games or concerts, raised $1 million led by KB Partners with participation from Phoenix Capital Ventures and Calano Funds - PR Newswire
Favs, a social network that is focused on keeping up with close friends, raised $1 million pre-seed round from Sunset Ventures, Kleiner Perkins Scout Fund, David Cohen, and Ryan Holmes - TechCrunch
Mammaly, the European pet supplement brand that produces smart snacks, nutrient powders, drops, and sprays for dogs, raised $14.9 million from Iris Ventures, Five Season Ventures, and Attila Balogh - PBW News
Proven, the personalize beauty company that has two brands, Proven Skincare and Noteworthy, raised a $12.2 million Series A led by NewH2 Ventures - Retail Dive
Goodles, the better-for-you noodle brand co-founded by Gal Gadot, raised $13 million Series A led by L Catterton with participation from Springdale, Third Craft Partners, Willow Growth, Alumni Ventures, GingerBread Capital, IMG-Endeavor, Cosmic VC, and Electric Feel Ventures - FoodBev
Eight Day, a luxury skin care brand founded by Dr. Antony Nakhla, raised an undisclosed amount from L Catterton - Business of Fashion
Served, a UK RTD hard seltzer brand co-founded by Ellie Goulding, raised an undisclosed round from Heineken - Just Drinks
Le Petit Lunetier, the Paris-based eyewear brand, raised $4 million from Neso Brands - Fashion Network
Ten To One Rum, the rum brand owned by Marc Farrell and Ciara, raised $1 million from InvestBev Group - The Spirits Business
Zoa, the better-for-you energy drink brand founded by The Rock, raised an undisclosed amount from Molson Coors Beverage Company - Food Dive
Hoplark, the non-alcoholic hop tea brand, raises an undisclosed amount from Brooklyn Brewery and forms a strategic partnership with the alcohol brand - Brewbound
Code Mint, a clean beauty brand from China, raised an undisclosed round from Estée Lauder Companies’ VC fund, New Incubation Ventures (NIV) - Global Cosmetics News
eCommerce & Retail Tech
Mottu, the Braziil-based motorcycle rental and last-mile delivery company, raised a $50 million Series C led by QED Investors and Bicycle Capital with participation from Endeavor Catalyst and Caravela - FinSMEs
Superorder, an all-in-one management software for restaurants, raised a $10 million round led by Foundation Capital, with participation from Michael Seibel, Kyle Vogt, Daniel Kan, and I2BF Global Ventures - TechCrunch
Bevz, the SaaS platform for small chain liquor stores, raised $3.1 million led by Dynamism Capital and Golden Section Ventures, with participation from Stage 2 Capital, Hustle Fund, Bridge Investments, Tiller Partners, Irish Angels, Operate Studio, Silicon Beach Investment Group, and Gryphon Ventures - PR Newswire
Instacart, the grocery delivery platform, announced it will be going public at a $30 share price. This values the company at ~$10 billion - CNBC
Funds Raising Funds
Beckley Waves, the first venture studio that builds and invests in psychedelic companies, raised $3.3 million from Joe & Sandy Samberg Foundation, Satori Neuro, Evolve Ventures and Foundation, Bridge Builders Collaborative, 1440 Foundation, Austin Hearst, Asia Agnelli - Globe Newswire