Tech Company Financing Transactions

Magic Spoon Funding Round

Magic Spoon, based in Brooklyn, raised $85 million from HighPost, Coefficient Capital and Constellation Technology Ventures.

Transaction Overview

Company Name
Announced On
6/13/2022
Transaction Type
Venture Equity
Amount
$85,000,000
Round
Series B
Investors

HighPost (Lead Investor) (David Moross)

Coefficient Capital

Constellation Technology Ventures

private investors (Amy Schumer)

private investors (Ashley Frangipane)

private investors (Carter Comstock)

private investors (Nasir Jones)

private investors (Nick Jonas)

private investors (Odell Beckham)

private investors (Russell Westbrook)

private investors (Shakira Ripoll)

Siddhi Capital

The Chainsmokers

Proceeds Purpose
The proceeds from the raise will be used to accelerate Magic Spoon's rapid growth, expansion from 100% direct-to-consumer into retail, and amplify widespread brand awareness through continued use of its innovative approach to social media.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
Brooklyn, NY 11217
USA
Email Address
Overview
Magic Spoon provides childlike, low-carbohydrate cereal foods for adult customers. Gabi Lewis and Greg Sewitz founded in 2019, with its headquarters in Brooklyn in New York.
Profile
Magic Spoon LinkedIn Company Profile
Social Media
Magic Spoon Company Twitter Account
Company News
Magic Spoon News
Facebook
Magic Spoon on Facebook
YouTube
Magic Spoon on YouTube

Management Team

Title
Name
Email & Social
Founder
Gregory Sewitz
  Gregory Sewitz LinkedIn Profile  Gregory Sewitz Twitter Account  Gregory Sewitz News  Gregory Sewitz on Facebook
Founder
Lewis Sewitz
  Lewis Sewitz LinkedIn Profile  Lewis Sewitz Twitter Account  Lewis Sewitz News  Lewis Sewitz on Facebook


 

 

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Prev: 6/13/2022: Atmos Labs venture capital transaction
Next: 6/13/2022: Masteos venture capital transaction

 

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