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RIYADH: Oakland-based Eclipse Foods has raised over $40 million in its Series B funding round led by Sozo Ventures with participation from Forerunner Ventures, Initialized Capital, Gaingels, and KBW Ventures. To date, the plant-based dairy products firm has raised over $60 million so far, with investors including Prince Khaled bin Alwaleed, the green tech venture capitalist
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Eclipse Foods raises $40 million—with participation from vegan Prince Khaled bin Alwaleed—to transform the dairy industry with its plant-based platform that makes dairy-identical ice cream without the cow.
Online investment platform Arrived Homes saw its site crash after adding new homes for investors, indicating the market isn't slowing down yet.
After raising $25 million in funding, Arrived plans to offer co-ownership of long- and short-term rental homes in 40 cities from Alabama to Colorado.