Raises – Page 8 – Beautifaire

15 Dec

Poppi, Maker of Prebiotic Soda, Raises Money to Expand

Maker of Prebiotic Soda Maker of Prebiotic Soda The TikTok-famous prebiotic soda brand Poppi, founded by Allison and Stephen Ellsworth, has secured a $25 million seed round led by Cavu Consumer Partners. Back in 2018, the brand, then referred to as Mother, went on “Shark Tank” and received a $400,000 investment for a 25 percent stake from shark and cofounder and managing partner of Cavu Consumer Partners, Rohan Oza. 4 years later, he stays committed to the booming brand. “The primary two years…the brand was all about, does Poppi have the true potential that we expect it has? Are people going to like the brand nationwide, as much as we do? Not only in a Whole Foods but in all places from Whole...

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15 Dec

Killer Mike’s Greenwood Bank Raises $45 Million Funding Round

by Beauty Tips

What's The Tea, Featured

Killer Mike’s Greenwood Bank Raises Million Funding Round

Greenwood Bank Raises Greenwood Bank Raises Despite recent controversy around his political loyalties, it seems Michael “Killer Mike” Render is not less than continuing to make good on his promise to assist empower Black communities and the BIPOC business ecosystem along with his latest move–and admittedly, it’s an enormous one. Per a press release shared with ESSENCE, Greenwood, the digital banking platform for Black and Latino individuals and businesses co-founded by Killer Mike, announced it closed a $45 million investment round led by Pendulum, an investment advisory firm. Other participating investors include Cercano Management, Cohen Circle, The George Kaiser Family Foundation, and NextEra Energy. They join Existing investors Bank of America, Citi Ventures, PNC, Popular, Truist Ventures, TTV Capital, and Wells Fargo. In response...

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1 Nov

Affiliate Marketing Platform Shop My Raises $8 Million in

by Beautifaire101

Beauty, Featured

Affiliate Marketing Platform Affiliate Marketing Platform ShopMy, a platform that permits creators to streamline their internet online affiliate marketing and paid sponsorships efforts with brands that's utilized by the likes of Gucci Westman and Olivia Palermo, has closed $8 million in Series A funding. The round was led by Granite Telecom chief operating officer Rand Currier, in addition to a gaggle of personal investors including Justin Kan, the founding father of video livestreaming service Twitch, which he sold to Amazon in 2014. ShopMy, formerly referred to as ShopMy Shelf, was founded in 2020 by Chris Tinsley, Harry Rein and Tiffany Lopinsky — a trio of technologists out of MIT and Harvard — to simplify the monetization process for creators who ceaselessly share their...

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26 Oct

Symrise Raises Full-year Guidance Yet Again – WWD

by Beautifaire101

Beauty, Featured

Symrise Raises PARIS – Symrise Raises On the back of a powerful third quarter, Symrise AG has raised its full-year 2022 guidance yet again. The German fragrance and flavors supplier said in a press release on Wednesday that sales growth across each of its divisions was more robust than expected, up 13.6 percent overall on an organic basis to 975.2 million euros within the three months ended Sept. 30. In reported terms, sales rose 26.4 percent. Symrise’s Scent and Care division’s activity was spurred by the fragrance and fantastic fragrance activities, while demand for hygiene and oral care products was lower than in 2021. The Cosmetic Ingredients activity posted double-digit organic growth, and sun protection products notched up dynamic wins. Overall, the division’s...

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