The Consumer Roundup #44
The Consumer Roundup #44
Welcome to The Consumer VC, a newsletter about venture capital and consumer. If you aren’t subscribed, come and subscribe below.
Hey Friends,
I hope you’re having a great week.
Coming up
📆 🥂 Beverage Webinar – We added another panelist! Very excited also include Elliott Cohen from Ritual Zero Proof in our webinar. I’ll be moderating with Manufactured on November 28th from 12-1pm PST where we focus on how to scale beverage brands from an operations perspective in today’s market. We’re also excited to feature Emily Heintz, Founder of Séchey; Trey Lockerbie, Co-Founder of Better Booch; and Sallie Jian, Director, Head of Ventures North America at Diageo;
RSVP Here
Manufactured helps brands with inventory financing and optimizing their COGs. If you’re a growing brand and happen to be looking for financing as your expand, feel free to reach out to me.
On to today’s update –
Consumer Brands / Inventory-Based Businesses
Phantm, which is currently developing a natural coffee cup with Starbucks Australia and helping companies eliminate their plastic footprint, raised $2 million in seed led by Blacknova VC, Salus Ventures and CoVentures - Forbes
Ecommerce Infrastructure & Enablement
Etaily, which helps ecommerce brands build, manage and scale their operations into southeast Asia, raised $17.8 million Series A funding co-led by SKS Capital and Pavilion Capital, with participation from SBI ICCP, Kaya Founders Magsaysay family, Chan family, Foxmont Capital and JGDEV, the corporate venture arm of JG Summit Holdings - TechCrunch
Consumer Technology
Bloom, the career coaching app, raised $10 million seed round and launched in the U.S. and the U.K. Their investors include Octopus Ventures and MMC Ventures - Silicon Canals
Raus, a platform that offers short term cabin rentals for nature-based stays, raised $9.23 million from Roch Ventures with Rockaway Ventures, Dupuis Investment - PhocusWire
Atlas, a 3D AI platform that partners with game developers and brands to build virtual worlds in a fraction of the time, raised $6 million seed round that was raised in two parts. One $4.5 million round led by 6th Man Ventures (6MV) and one $1.5 million round led by Collab+Currency - TechCrunch
Nema Health, the telehealth startup that is delivering care for post-traumatic stress disorder (PTSD), raised a $4.1 million seed round led by Optum Ventures and .406 Ventures, with participation from GreyMatter Capital and additional angel investors - FinSMEs
Funds Raising Funds
Khosla Ventures, who is known for investing in Open AI, is in the process of closing $3 billion for its latest set of funds - WSJ
Airbridge Equity Partners, the Amsterdam-based venture fund that invests in B2B or B2C European tech companies, raised $68.37 million for their second fund - Airbridge
Ben Branson, who is the founder of non-alcoholic beverage brand SeedLip, launched Pollen Projects, a non-alcoholic venture studio The Spirits Business
Creator Economy
EyeTell, the startup that uses AI to create short form video and scripts that was co-founded by Chad Hurley, raised an undisclosed seed round led by Kevin Hartz’s A-Star Capital with participation from SV Angel - The Information
M&A
Delta Galil, an Israeli high-tech apparel company that’s a leader in intimates and activewear, acquires the brand Passionata from the Chantelle Group - WWD