Hello and welcome back to Last Week In Venture, a weekly roundup of deals which may have flown under your radar.
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There are plenty of companies operating outside the public market and unicorn spotlight, but in their stories we can find trends and learn more about emerging markets.
Without further ado, let鈥檚 dive into the week that was in venture land!

A Power Market
Electricity. Forgive the pun, but it’s what powers modern society. As a utility, it’s one of those things you sign up for once, and kind of forget about, aside from remembering to pay your monthly bill. If you live in a market with a number of competing power companies, it could pay off to check out prices from the competition.
Headquartered in Seattle, is currently helping electricity customers in Texas, New York, Massachusetts, and Pennsylvania discover competition electricity providers and possibly save money by switching. The company raised from New Zealand-based intellectual property commercialization firm and , a private “philanthropic initiative” by former Google CEO and his spouse .
Investors Slurp Down CBD Drink Startup Stock
Friends, let’s be honest with ourselves here. There’s a lot to be anxious about these days. The U.S. economy . It is . The White House is playing as . is the new British Prime Minister. A passed . It was traveling 24 kilometers per second.
Kind of all makes you want to sip on a tall frosty cold one, right? You’re not alone. However, as more wellness-conscious consumer tastes expand beyond booze to botanicals, fancy seltzers, and adaptogens, the universe of premium grown-up beverage options is expanding at a rapid clip. One of the biggest growth markets has been in , the less psychoactive cannabinoid cousin to THC.
Among the latest ventures in the space to raise capital is Colorado-based , which secured this week to scale production of its CBD-infused beverages and snack foods. led the deal. , , , and round out the institutional investors. Marketing company CEO and nut butter snack entrepreneur participated as individuals.
One Last Round
The venture-backed beverage deals flow on this week.
You may have heard of a company called . The Los Angeles-based venture is a direct-to-consumer winery which aims to make wine-buying easy and accessible to a new generation of wine drinkers. Its branding is slick and the images on its website would be right at home in a glossy food magazine. It’s not your parents’ wine of the month club.
This week, from a PE firm called to help the company source, promote, and distribute Japanese sake to its customer base. Winc will also be opening a sake tasting room in Los Angeles, according to .
And with that we鈥檙e done for the week. See you next week!
Image Credits: Last Week In Venture graphic created by聽 Photo by Erol Ahmed, via Unsplash.
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