Tech Company Financing Transactions
Magic Spoon Funding Round
Magic Spoon, operating out of Brooklyn, secured $5.5 million from Lightspeed Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
9/13/2019
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Seed
Investors
Lightspeed Venture Partners (Lead Investor) (Merci Grace)
Proceeds Purpose
The funds will be used to expand the business, hire more people, increase marketing and create new flavors, co-founder Gabi Lewis told Food Dive.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
Brooklyn, NY 11217
USA
Brooklyn, NY 11217
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Gregory Sewitz
Founder
Lewis Sewitz
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We do our best to report on every notable VC transaction. VC transactions on this site are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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