Crazy Mountain Raises $15 Million In Seed Funding Led By CAVU Consumer Partners

Crazy Mountain, a Los Angeles-based non-alcoholic beer brand co-founded by George Clooney, Rande Gerber, and Mike Meldman, has raised $15 Million in Seed funding led by CAVU Consumer Partners, with participation from Coatue and Discovery Land Company. The company is focused on building a premium non-alcoholic beer for core beer drinkers seeking moderation without sacrificing taste, launching with Original and Lime SKUs. Led by CEO Steve Fechheimer, Crazy Mountain is currently available direct-to-consumer and across select Los Angeles retail and dining locations, with plans to scale operations and accelerate product development. FOUNDERS: George Clooney, Rande Gerber, Mike Meldman CEO: Steve Fechheimer AMOUNT: $15,000,000 INVESTORS: CAVU Consumer Partners, Coatue, Discovery Land Company HQ: Los Angeles, California #VentureCapital #Consumer #NonAlcoholic #CrazyMountain #TradedVC

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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts. FOUNDERS: Ben Lamm & George Church TARGET VALUATION: $23,000,000,000 HQ: Dallas, Texas #VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC