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Willow Growth Partners Raises $28M Fund


socaltech.com
A new, Los Angeles-based venture capital firm,
Willow Growth Partners, said this week that it has raised $28M in its inaugural fund. According to the firm, the early stage venture capitl firm will invest in emerging consumer brands and supporting technologies. The fund said those investments will include beauty, health and wellness, apparel and accessories, and food and beverage. The new fund also said that so far, 75 percent of its investments have female or minority founders. Deborah Benton is Founder and Managing Partner at Willow Growth Partners, and Amanda Schutzbank is Co-founder and General Partner. Benton previously was President and COO of NastyGal and ShoeDazzle, and also served at Teleflora; Schutzbank was previously at Amplify LA and Primary Venture Partners, and also served as a VP at Karma, in addition to her time in investment banking at Merrill Lynch. ....

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Dallas-Based Headwrap Company Raises $2 Million in Seed Funding Round


Dallas-Based Headwrap Company Raises $2 Million in Seed Funding Round
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A headwrap and turban company called You Go Natural successfully raised $2 million in a seed funding round.
credit-@yougonatural- Instagram
According to Dallas Innovates, You Go Natural (YGN) announced the close of a $2 million seed funding round led by Brand Foundry Venture Partners. Other participants who are assisting the Black-owned hair company include Capital Factory, Willow Growth Partners, and Lightspeed Venture Partners. Monique Little founded YGN in 2016. Her beauty brand is currently based in Dallas.
Dallas Innovates also said that YGN was created when Little realized that she needed a method of protecting her hair, while looking good on the go, after giving birth. In response, Little opted to create a pre-tied and satin-lined headwrap, using her sewing machine. A demand for headwraps from her Instagram followers led to making and selling her creations online. ....

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