The Consumer VC Roundup #83
The Consumer VC Roundup #83
News & Events For the Emerging Consumer Ecosystem
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This Week In Consumer
🧃Consumer Brands👚
💰Fundraises💰
🪮 Great Many, a hair loss clinic founded by former Heyday co-founder Michael Pollak, has raised $3.6 million in an oversubscribed pre-seed round to support its clinics, telehealth services, and products. BeautyIndependent
📈 DFN Ventures has invested in Crème Collective, appointing its founder Jeremy Triefenbach as CFO of the sales and marketing agency, which has collaborated with some of the beauty industry's most sought-after and innovative brands. BeautyIndependent
🥩 The Better Meat Co., a Sacramento-based food tech company, has received a $1.4 million grant from the U.S. Department of Defense under the Distributed Bioindustrial Manufacturing Program (DBIMP) to support the production of its mycoprotein ingredient, Rhiza. The grant is part of the DBIMP's effort to bolster U.S. bioeconomic capabilities and enhance defense technologies. Vegconomist
💸M&A💸
🛍️ Bally, the Swiss footwear and fashion label, has been acquired by the Californian investment firm Regent LP. The sale was announced by Regent LP and Bally's former owner, Jab Holding, which belongs to the Reimann family. The value of the transaction has not been disclosed. FashionNetwork
🚀Debuts, Distribution & Expansion🚀
🍺 Tilray Brands, a Canadian cannabis and beverage company, has expanded its presence in the US beer market by acquiring multiple craft breweries over the past year, making it the fifth-largest brewer in the country despite a slowdown in the sector. JustDrinks
✨ Tennis star Sloane Stephens has launched Doc & Glo, a body care brand inspired by her experience in overcoming tough matches. The brand debuts with a gender-neutral deodorant and body mist, which Stephens created from scratch. People
🤰🏻 Pure Mama, New Zealand’s leading pregnancy skincare brand, is launching in the U.S. this month at Erewhon’s 10 locations, with plans to be available online at Revolve, Macy’s, and Nordstrom this fall. Known for its botanical beauty products, Pure Mama is expanding its presence in the American market. BeautyIndependent
🥗 Mycorena, a pioneer in mycoprotein production, faced financial challenges and filed for bankruptcy earlier this year. The Swedish company has now been acquired by Naplasol, a VEOS group member specializing in biomass fermentation and food ingredients. Vegconomist
✨ Global superstar Dolly Parton has launched her highly anticipated cosmetics brand, Dolly Beauty, offering a preview of the collection. As an extension of her fragrance brand with Scent Beauty, the products are available online now, with an in-store rollout planned for 2025. BeautyPackaging
💄 Haus Labs by Lady Gaga has expanded nationwide across Sephora at Kohl's stores as of August 26, marking a significant milestone in the brand's exclusive partnership with Sephora. BeautyPackaging
🪮 Verb Products, the haircare brand known for its salon-quality products, has introduced a new clinical-strength dandruff shampoo, featuring nourishing ingredients and a refreshing orange, magnolia, and sandalwood scent. BeautyPackaging
🧘🏼 Sagely Naturals, a top provider of CBD and plant-based wellness products, has expanded its line with two new additions: the Calm & Centered Roll-On and the Relief & Recovery Circulation Cream. BeautyPackaging
📻 Jukebox, a women’s personal care brand specializing in clean, handmade soaps and natural deodorants, has launched at Walmart stores nationwide with 14 SKU offerings in a variety of scents. Inspired by Dr. Squatch, Jukebox uses high-quality, natural ingredients to cater to women who value eco-friendly products. BeautyPackaging
🪮 Rihanna's Fenty Hair will launch at all 700 North American Sephora stores on September 3, 2024, featuring nine reparative hair care and styling products. This marks the brand's first retail expansion since its debut at FentyHair.com on June 13, 2024. GCIMagazine
🫧 La Bougie, Ireland’s premier fragrance and candle brand, has launched in the UK after 12 successful years in its homeland. The West Cork-based artisan perfumery is now available through a luxury boutique in Lymington, Hampshire, offering a range of eaux de parfum, candles, and scent diffusers made with prized aromatics and botanical oils from around the world. FashionNetwork
🪇Collabs🪇
🎀 Dibs Beauty, known for its easy-to-use, transformative makeup, has entered an exclusive partnership with Ulta Beauty. Starting August 26th, select products will be available at over 590 Ulta Beauty stores across the U.S. and online, launched through Ulta's emerging brand platform, Sparked. The lineup includes the award-winning Desert Island Duos, designed for quick, impactful transformations. BeautyPackaging
💅🏻 Kiss Products, the world's largest producer of salon-quality nail and lash products, has launched a limited-edition collection in partnership with fashion designer Prabal Gurung. The Prabal Gurung x Kiss collection features six unique nail designs in trendy lengths and shapes, offering luxurious, fashion-forward looks for at-home manicures. BeautyPackaging
🔻Closures🔻
🍺 UK brewing group In Good Company will close Fourpure Brewing's London site next month, moving production to their Huddersfield facility to consolidate operations. JustDrinks
↪️Rebrands↩️
🧇 After 87 years, Golden Malted, one of the nation’s largest suppliers of waffle irons and mixes, is rebranding as Golden Waffles to better align with its popular products. FoodBusinessNews
🧴 The Mentholatum Company has relaunched its Oxy Acne Care brand with a refreshed, vibrant package design and two new acne products, along with the "Oxy for Every Kind of Ne" campaign. This relaunch celebrates the 50th anniversary of Oxy Acne Care and the 135th anniversary of The Mentholatum Company. BeautyPackaging