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September 4, 2025 - Deals
Magic Mind Secures $12.4 Million In Series A Round Led By BFG Partners And Rocana Venture Partners
Magic Mind, the performance shot brand dubbed by Forbes as “Silicon Valley’s new morning elixir,” has raised $12.4 million of a nearly $16 million Series A round led by BFG Partners, with participation from Rocana Venture Partners. Founded by an entrepreneur who turned a personal health scare into a mission, Magic Mind offers a patented blend of nootropics and adaptogens designed to boost focus, energy, and calm while reducing stress and fatigue.
INVESTORS: BFG Partners & Rocana Venture Partners
ROUND: Series A
AMOUNT: $16,000,000
HQ: #Venice #California
#VentureCapital #MagicMind #BFGPartners #RocanaVenturePartners #TradedVC
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Businesses Increase AI Spending As Anthropic Leads Adoption At 43.5%Ramp’s latest AI Index shows businesses are continuing to increase AI spending despite rising pressure from cheaper and open-source models. In July, the top 1% of businesses spent a median $7,400 per employee on AI, compared with $650 for the top 10% and $11.95 for the median firm, while Anthropic led business adoption at 43.5%, ahead of OpenAI at 39.7%.
#VentureCapital #Ramp #TradedVC