The Consumer VC Roundup #68

Hey everyone,

Thanks for coming out to our happy hour last week if you were in LA! We have a few coffee meetups coming up as well this month. I know I keep saying it, but will be expanding to more locations soon. If you want to chat about building a consumer meetup in your town or city, happy to hop on a call.

☕️ Wake Up! CPG - Austin, TX

📆 Thursday, May 23rd

🕗 8:30am-10:30am CST - SIGN UP HERE

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☕️ Consumer Sunrise - Los Angeles, CA

📆 Thursday, May 30th

🕗 8:00am-10:00am PST - SIGN UP HERE

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☕️ Consumer Brews - New York, NY

📆 Thursday, May 30th

🕗 9:00am-10:30am EST - SIGN UP HERE

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💻Consumer Software💻

🔋 EnviroSpark Energy Solutions, the National electric vehicle (EV) charging company, announced it has secured a $50M investment fund led by Basalt Infrastructure Partners LLP to fuel EnviroSpark's mission to revolutionize the EV charging landscape, enabling the Company to rapidly expand its owned and operated network across the US. PR Newswire

🤖 Danti, an AI company building a revolutionary AI Data Analyst who can answer questions about any place and time, announced it has raised $5M in a Seed round led by Shield Capital, with participation from existing investors Tech Square Ventures, Humba Ventures and Leo Polovets, Space.VC, and Radius Capital. PR Newswire

🛍️Consumer Brands / Inventory Businesses🛍️

🧴 Mother Science, the biotech skincare brand, has closed a US$3.5 million funding round, led by Greycroft. The funds will be invested in R&D, further innovation, product launches and team growth. Global Cosmetics News

🍸 Cincoro Tequila, an award-winning portfolio of luxury tequilas, has announced the formation of Team Cincoro, a prestigious group of sports and business icons joining the Cincoro family. These legends are welcomed not only as co-owners but also as part of the broader Cincoro community, inviting their fans to engage and participate in the vibrant Cincoro experience. PR Newswire

💸M&A💸

🤝 Gregg Renfrew, founder and chief executive of Beautycounter, bought back the clean beauty line out of foreclosure on April 18. Counter Brands LLC, the parent company of Beautycounter, is closing down; Renfrew and other private investors have bought the brand back from the Carlyle Group for an undisclosed sum. Business of Fashion

🧀 Our Home, the family of brands providing delicious, wholesome snacks to communities throughout the U.S., announced the successful acquisition of Sonoma Creamery, to expand into the cheese snack category, reinforcing its position as a leading independent better-for-you snacking platform. PR Newswire

🥩 ButcherBox, the leading direct-to-consumer meat and seafood brand, announced the acquisition of Truffle Shuffle, a virtual cook-along experience platform to boost cooking confidence in consumers across the United States. PR Newswire

🥹Debuts🥹

💄 Quinn Murphy, a celebrity makeup artist, is launching a beauty brand called Spatch that will include six shades of Invisible Spot Fix, a new kind of a spot-concealer. Business of Fashion

🏪Product + Distribution Expansion🏪

🫧 Orebella, Bella Hadid's beauty brand, has officially arrived and launched three inaugural fragrances, featuring a "shake-to-activate," bi-phase formula packed with essential oils without the alcohol base that most traditional fragrances include. Fashionista

🍋 Lemon Perfect, the Beyoncé-backed fastest-growing brand in the Flavor-Enhanced Water category, announced its products will be available in Whole Foods Market stores nationwide. Customers will now be able to purchase the brand's top three flavors (Original Lemon, Dragon Fruit Mango, and Peach Raspberry) in all 530 locations. PR Newswire

🍷 AF Drinks, the New Zealand-based alcohol-free beverage company has made distribution deals with American retail giants Target and Walmart, marking its expansion into the US market. Inside FMCG

🔻Bankruptcies🔻

🧴 Boscia, a clean skincare pioneer that avoided synthetic preservatives and artificial fragrances, is closing. And is currently offering a 55% discount on all products on its site, which is scheduled to shutter on May 31. Beauty Independent