Online wholesaler Boxed acquired after filing for bankruptcy

August 18, 2023
After filing for Chapter 11 bankruptcy protection in April, online wholesale retailer Boxed has been acquired. U.S.-based regional distributor MSG Distributors, Inc. announced this morning its acquisition of Boxed.com and “other intellectual property portfolios and affiliates” in an all-cash transaction. Deal terms were not disclosed, but it’s not likely a high-value deal for a company […]

Some good news, some Better.com news

August 18, 2023
Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and we’re talking about the week’s biggest startup and tech news, and have a little fun. This week Mary Ann and Alex were joined […]

Viome, a microbiome startup, raises $86.5M, inks distribution deal with CVS

August 18, 2023
Research on the human microbiome — microorganism communities that live in a part of your body such as your mouth or gut — has led to a number of insights and spurred further investigations into what makes up a healthy person. Combined with the continuing interest in alternative medicine, that is leading to some venture […]

Peak XV ramps up dealmaking following Sequoia split

August 18, 2023
Peak XV Partners has signed over 10 term sheets and executed three exits in the 10 weeks since it announced a split with Sequoia, according to minutes shared by an attendee to a closed-door gathering between the venture firm and its portfolio founders Friday. The accelerated dealmaking comes at a time when a funding winter […]