The Consumer Roundup #41

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Hey Friends,

If you are in LA, come join us in an hour to our meetup –

📆 Morning coffee event with CULT Capital, Manufactured and The Consumer VC on November 7th from 8-10am in West Hollywood Click Here to Register

On to our fundraising update –

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Consumer Technology

Kasa Living, the real estate tech company that manages apartments and hotel rooms, raised $70 million co-led by Citi Ventures and FirstMark Capital with participation from New York Life Ventures and Fireside investments - Bloomberg

Charlie, the fintech startup that is providing banking services to senior citizens, raised a $16 million Series A and $7 million in debt financing led by TTV Capital with participation from FPV Ventures and Better Tomorrow Ventures - TechCrunch

Boundless Rider, the insurance tech company that provides coverage to riders of motorcycles, e-bikes, ATVs, UTVs, and snowmobiles, raised $4.25 million led by American Family Ventures, with participation from Belmont Capital, and Assurity Life - Boundless Rider

Treads, a car maintenance monthly subscription tech company, raised $4.6 million led by Mucker Capital with participation from Kickstart Seed Fund, Peak Ventures, Royal Street Ventures, and Convoi Ventures - PR Newswire

Fanbase, the ad-free social media platform that allows creators to monetize their content through subscriptions and other tools, raised $4.5 million crowdfunding round - PR Newswire

Funds Raising Funds

Andreessen Horowitz sets out to raise $3.4 billion for its core early and seed stage funds - Axios

Brynwood Partners, the private equity fund that takes majority positions in food and beverage brands and manufactures, closes its ninth fund at $750 million. Some of their brands include Buitoni, Harvest Hill, West Madison Foods - PR Newswire

Leverage VC, a VC and studio that focuses on investing in gaming, mental health, and eldertech companies, announced $10 million debut fund - PRWeb

M&A

Treasury Wine Estates, the Australian wine producer, buys DAOU Vineyards for $900 million - Reuters

LVMH agrees to buy Barton Perreira, the LA-based eyewear brand, for $80 million - BNN Bloomberg

Premier Foods, one of the UK's largest food manufacturers, has acquired the protein brand FUEL10K for $41.77 million to accelerate its expansion into the breakfast category - Food Manufacture

Veganz, the Germany-based plant based food retailer, acquired Happy Cheeze, which produces flavored vegan cheese spreads - Just Food

Casella Family Brands, an Australian family owned wine company, acquired Ampersand Projects, an RTD vodka brand - Just Drinks

Consumer Brands

Alo Yoga, athleisure brand that is part of Color Image Apparel, seeks capital raise at $10 billion valuation - Business of Fashion

Honasa Consumer, the parent company to the Indian personal care & skin brand Mamaearth, raised $92 million as an anchor ahead of its IPO - TechCrunch

Cambium, the Germany-based biotech company that is creating plant-based proteins starting with collagen, raised a $11.6 million seed round that was led by Essential Capital with participation from SNR, Valor Equity Partners, HOF Capital, and Merantix - TechCrunch

The 7 Virtues, a fragrance brand that was founded in 2010, sells a minority stake to True Beauty Ventures and Unilever Ventures - Business of Fashion

Debuts

Travis Kelce, the NFL star tight end, launches “Travis Kelce’s Kitchen”, a line of BBQ refrigerated entrees, exclusively at Walmart - PR Newswire

Bankruptcy

WeWork files for bankruptcy. It was once valued at $47 billion by SoftBank - CNN