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The Consumer Roundup #9
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This issue is brought to you by aVenture - venture capital for everyone.
The main story this week was the collapse of Silicon Valley Bank. If you or your company banks at Silicon Valley Bank, thinking of you during these crazy times.
If you were at Expo West – I hope it was successful for you. If you’re in Austin at SXSW (or heading out this weekend like me to Austin for SXSW) feel free to stop by my Consumer VC Live event on Monday. More details here.
With that said, here’s the latest edition of The Consumer Roundup featuring all the deals in consumer products and technology from the past week.
Deals & Debuts
Shein, the Chinese fast-fashion company, plans to raise $2 billion at a $64 billion valuation before U.S. IPO later in the year - CNBC
Macro, the film & TV content company that is focused on people of color, raise $90 million round led by BlackRock - Deadline
Believer Entertainment, a new gaming studio founded by the creators of Riot Games, raises $55 million series A led by Lightspeed Venture Partners - Techstory
Matchday, the Web3 soccer game studio, raises a $21 million seed round led by Lionel Messi’s firm Play Time - Decrypt
MentorShow, the edtech, entertainment, and gaming startup, raises $16 million led by Educapital and Crédit Mutuel Innovation - Tech.eu
Fly By Jing, the Chinese sauce brand known for its Sichuan chili crisp, raises $12 million Series B led by Prelude Growth - Retail Dive
Bira 91, the Indian craft beer brand, raises $10 million from MUFG Bank - Economic Times
Bach, a travel startup focused on planning bachelorette trips and group travel, raises $9 million led by Pritzker Group Venture Capital - TechCrunch
Wildxyz, the NFT art community, and marketplace, raises a $7 million seed round led by Matrix Partners - Coindesk
Cerebelly, the science-backed baby food brand focused on brain development, raises their Series A - PR Newswire
Wholey, the German vegan organic breakfast CPG brand, raises $6.5 million led by Tengelmann Ventures - Just Food
Wave Health, the mental health platform focused on emotional wellbeing coaching, raises $6 million seed round led by Santé Ventures - PR Newswire
Wheel The World, whose focus is finding and providing accessible hotels and travel for people who have disabilities, raises $6 million - TechCrunch
Iron Health, a telehealth startup that helps OB/GYNs provide virtual care to their patients, raises $4.5 million led by Redesign Health - Yahoo
OthersideAI, the generative A.I. startup that released Hyperwrite that helps users write faster and be more productive, raises $2.8 million round co-led Cortical Ventures and Active Capital - Globe Newswire
Weightwatchers buys Sequence, the digital health startup for $106 million - Globe Newswire
Patagonia Provisions, the food and beverage business of Patagonia, buys Moonshot, the climate-friendly snack brand - Fast Company
Funds Raising Funds
Beachouse Group, the successful celebrity-brand incubator, launches Beachouse Ventures focusing on beauty & personal care brands - PR Newswire
WHP Global, a holding company that acquires consumer brands, raises $375 million from Ares at $1.6 billion valuation - Reuters
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