The Consumer Roundup #42
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Hey Friends,
Thanks for everyone who attended our A Cup Of Beauty Coffee in LA this past week. It was great partnering with CULT Capital and Manufactured. We’re going to be doing another something at Expo West 👀 If you’re interested in getting involved, please reach out.
I’m going to start publishing these updates twice a week. Here are the latest fundraising updates
Consumer Technology
Refurbed, the Vienna-based online marketplace to buy refurbished electronics, raised $57 million Series C co-led by Evli Growth Partners and C4 Group, with participation from All Iron Venture and Speedinvest. Refurbed hit over $1 billion in GMV in June 2023 - Tech.eu
L-Nutra, the company that is creating science nutrition programs to increase longevity in human life, raised $47 million Series D led by Mr. Stephane Bancel, CEO at Moderna Inc., and Brentwood Associates - PR Newswire
Zelig, the pre-revenue AI-powered try on technology startup that enables consumers how they look in clothes as they shop online, raised $15 million at a $100 million valuation led by Hilco Global with participation from Bezikian Zareh - TechCrunch
Sock, the crypto currency investment app, raised $2.8 million seed round led by Haven Ventures, with participation from Designer Fund, Expansion, Spacecadet Ventures, Sunflower Fund, and Olive Capital - Binance
eCommerce & Retail Infrastructure
Wonder Group, the foodservice and ghost kitchen company founded by Marc Lore that recently bought Blue Apron, announced a partnership and $100 million investment from Nestlé - FoodDive
Xpressbees, India’s fastest growing ecommerce logistics company, raised $80 million led by Ontario Teachers’ late-stage venture growth fund - TechCrunch
Qomodo, the Italian fintech startup that enables brick and mortar retailers to offer BNPL payment options for customers, raised a $36.9 million pre-seed round led by Fasanara Capital with participation from Exor Ventures, Proximity Capital, Ithaca Investment, Lumen Ventures, The Techshop, and Primo Ventures, Notion Capital, Octopus Ventures, and Plug & Play - Silicon Canals
Consumer Brands
Huel, the U.K.-based no-prep nutritious meal kit and nutrition company, raised an undisclosed amount from Morgan Stanley’s 1GT climate fund - Just Food
Needed, the perinatal nutrition company that’s science-backed, raised $14 million led by The Craftory with participation from Seae Ventures and Crescent Ridge VC (Also a prior Consumer VC guest) - Yahoo!
Dreamfarm, the Italian plant-based mozzarella brand that has a patent on the process to create “mozzarella in liquid” with vegan ingredients, raised a $5.3 million pre-seed round from Giampaolo Cagnin and Francesco Mutti - TechCrunch