Pure Ventures Closes $20M Fund II
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Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding If you’ve experienced parenthood, you’re well versed in the surprisingly small world of disposable diapers. Help may be on the way. Kudos, a startup that is looking to reinvent the disposable diaper with sustainability in mind, announced the close of a $2.4 million seed round of financing today. Investors include Foundation Capital, XFund, PJC, Precursor Ventures, Liquid 2 Ventures, SV Angel, Underscore VC, Alpha Bridge Ventures, April Underwood and more. Cofounder and CEO Amrita Saigal says that Ku...
DEC 21, 2020 After successfully traveling through the niche wellness-to-mainstream pipeline, mushrooms are set to get more “magical” with the prospect of wider legalization of psychedelics. An adaptogen craze went mass in 2020; consumers can find mushrooms in just about anything these days, including supplements, coffee, tea, jerky and even beauty products. The global functional mushroom market is said to be worth $23 billion this year, with a projected compound annual growth rate of 5.6% over the next five years. With currently legal mushrooms being touted fo...