Tag: consumer products
Chinese sellers on Amazon in hot demand by VCs and e-commerce roll-ups
Chinese merchants selling on Amazon are having a moment. The scruffy exporters are used to roaming about suburban factory areas and dealing with constant cash flow strain, but suddenly they find themselves having coffee with top Chinese venture capital firms and investment representatives from internet giants, who come with big…
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Beyond Meat opens its first production plant in China
About a year after Beyond Meat debuted in China on Starbucks’s menu, the Californian plant-based protein company opened a production facility near Shanghai to tap the country’s supply chain resources and potentially reduce the carbon footprint of its products. Situated in Jiaxing, a city 85 km from Shanghai, the plant…
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Reddit raises $250 million in Series E funding
Reddit has raised a new funding round, totalling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the site that has dubbed itself ‘the front page of the Internet,’ owing to the role the subreddit r/WallStreetBets…
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Building and investing in the ‘human needs economy’
Heather Hartnett Contributor Heather Hartnett is general partner and CEO of Human Ventures, an early-stage venture fund and startup studio in New York City. The entrepreneurial and investor focus of the last decade has largely been centered on increased convenience and consumerism, and has encouraged companies to prioritize scaling, with…
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Target Global has a €1M “super seed” fund incoming to switch on laid off tech talent in Spain during COVID-19
Target Global is backing a €1 million support fund for tech talent in Spain laid off or furloughed as a result of the coronavirus crisis. The aim is to provide pre-seed financing to help crisis-hit tech workers switch gears and build out a startup concept over the next four to…
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Nanit raises $21 million for its baby monitor, app, and new line of wearables for infants
The developer of a machine learning enhanced baby monitor, Nanit, has managed to nab $21 million in financing even amid the teeth of an epidemic that has slowed venture financing across the board. The round came from existing investors including: Jerusalem Venture Partners, Upfront Ventures, RRE Ventures, and Rho Capital Partners, and…
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