/PRNewswire/ Social Impact Capital (SIC) announces the close of a $42M Fund I, one of the largest venture capital funds raised by a solo female GP. The.
/PRNewswire/ Social Impact Capital (SIC) announces the close of a $42M Fund I, one of the largest venture capital funds raised by a solo female GP. The.
Dive Brief:
Endless West, which creates alcoholic beverages by replicating molecular structures, raised $21 million in a Series B round. Investors include Horizons Ventures, Litani Ventures, North East Family Office and SOSV.
The funds will be used to accelerate technology development and R&D; increase U.S. distribution for its molecular spirits Glyph, Gemello and Kazoku; and expand its B2B Blank Collective platform.
Endless West is one of several companies in the food and beverage space using technology to make a product in a non-traditional way. Endless West says its Glyph, which is a whiskey-inspired spirit, uses 94% less water and 92% less agricultural land than traditional whiskey. It also doesn t need to mature, and production facilities can easily be built close to where consumers are located.
Tech investor Balaji Srinivasan reportedly suggested siccing the Dark Enlightenment audience on a journalist, the New York Times said.Srinivasan made the