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By Andy Coyne 09 Jun 2021 (Last Updated June 9th, 2021 09:01) US-based chicken-alternatives business Simulate has raised new funding to support expansion. Share Article Simulate, the New York-based business behind the Nuggs faux-chicken nuggets brand, has raised US$50m in a Series B funding round. The round was led by Seven Seven Six, an investment vehicle founded by entrepreneur Alexis Ohanian, and joined by Chris and Crystal Sacca, Nomo Ventures, Canadian frozen potato products giant McCain Foods, Imaginary Ventures and Day ...

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Instagram. Instagram; Samantha Lee/Insider Instagram is not the best platform for emerging influencers, but its leadership wants to change that. Instagram execs say they are prioritizing creators with smaller follower counts and want to help them rise to fame on the app. One key is Reels, Instagram's short-form video feature that competes with TikTok. "The Reels Tab is the place where we view the biggest opportunity for creators to find new audience," Jackson Williams, a member of Instagram's strategic partnerships team, told I...

How Kim Kardashian’s billion-dollar brand Skims defies the pandemic Toggle share menu Advertisement How Kim Kardashian’s billion-dollar brand Skims defies the pandemic Despite the "Kimono" controversy and the lockdowns, Skims survived and she's now officially a billionaire, according to Forbes. How did that happen? (Photo: AFP/Angela Weiss) 13 Apr 2021 08:10AM) Share this content Bookmark Not long after Kim Kardashian West launched her shapewear brand Skims in 2019, pandemic lockdowns consigned its body-fitting product line t...

Share this article Earlier this month, it was reported that Kim Kardashian‘s wealth had soared to over $1 billion USD, driven by her KKW Beauty and SKIMS brands. Now, a new round of Series A funding for SKIMS has taken the shapewear and loungewear brand’s value to a huge $1.6 billion USD. Since SKIMS was founded in 2018, it has already sold more than four million units. The $154 million USD funding round was led by Thrive Capital, a venture capital firm ran by Joshua Kushner (Jared’s brother and Karlie Kloss’ husband), with extra funding coming from Imaginary Ventures and Alliance Con...