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March 10, 2025 - Deals
Tony Antoci Buys Property From Erewhon
Erewhon, the upscale Los Angeles grocery chain known for its celebrity-endorsed products and high prices, recently garnered attention for selling a single strawberry imported from Kyoto, Japan, for $19. This luxury berry, supplied by Elly Amai, is praised for its exceptional sweetness and flawless appearance. The extravagant pricing sparked widespread online debate, with many questioning the necessity and ethics of such an offering. Under the leadership of CEO Tony Antoci, Erewhon continues to expand, planning three new So
HQ: #LosAngeles #California
#VentureCapital #Erewhon #TonyAntoci #TradedVC
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Whatnot Raises $545 Million In Series G Funding At $20 Billion ValuationWhatnot has raised $545 million in Series G funding at a $20 billion valuation, nearly double its valuation less than a year ago, in what it calls the largest raise in live commerce. The round was co-led by ICONIQ, Lightspeed Venture Partners and Avra, with participation from new and returning investors, and will fund efforts to help sellers grow through marketing, trust and safety, new categories and markets, and AI-powered tools.
FOUNDERS: Grant LaFontaine & Logan Head
INVESTORS: ICONIQ, Lightspeed Venture Partners, Avra, Kleiner Perkins, Wellington Management, Robinhood, S32, Standard Capital, CapitalG, Y Combinator, Durable Capital Partners, Alkeon Capital, Andreessen Horowitz, Greycroft, Bond Capital & DST Global.
ROUND: Series G
AMOUNT: $545,000,000
VALUATION: $20,000,000,000
HQ: Los Angeles, California
#VentureCapital #Whatnot #GrantLaFontaine #LoganHead #TradedVC
Soar Raises $1 Million Pre-Seed Round At $10 Million Valuation From InvestorsSoar (@SoarFlights), a Miami-based flight booking app, has raised a $1 million pre-seed round at a $10 million valuation from undisclosed investors. Founded by Alex Slater and Henry Langmack, Soar aims to simplify flight booking for Gen Z users with an Uber-like experience that removes hidden fees, upsells, and lengthy checkout processes. Built by the founders of Cal AI and QUITTR, the company is positioning itself as a faster, more transparent alternative for travelers.
WEBSITE: soar.flights
FOUNDERS: Alex Slater & Henry Langmack
AMOUNT: $1,000,000
VALUATION: $10,000,000
HQ: Miami, Florida
#VentureCapital #Soar #AlexSlater #HenryLangmack #TradedVC