19 new fundings; a monstrous $1.1B+ in new funding secured for NYC startups this past week. NYC Tech News for the week ending 7/31 featuring news for Oova, Lithic, Lalo, and much, much more.
Willow Growth Partners
The global baby stroller market is estimated to be $3B per year; the high chair market is estimated to be in the millions each year. Yet, when you think of these products, you don’t think about a particular brand. Lalo is a direct-to-consumer modern baby and toddler brand focused on offering design-oriented premium products. The company offers an innovative, versatile, and growing line of baby products that include strollers, high chairs, play tables, bibs, and tableware. Unlike others in the space, Lalo focuses on building direct relationships with customers, allowing them to use this data to serve the needs of parents as their families grow and evolve. Although the pandemic limited traveled and affected the demand for strollers, the startup, founded in 2019, was able to increase revenue by 320% in 2020. AlleyWatch caught up with CEO and Cofounder Greg Davidson to learn more about the inspiration for the business, the company’s strategic plans, latest round of funding frim investors that include Willow Growth Partners, Yael Cohen Braun, Dave Health, Super Angel Fund, and Michael Silverstein.
6 fundings and nearly $780M in new startup fundings for New York companies! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/27/2021 featuring funding details for iCapital Network, Norby, and much more.
NYC Tech News for the week ending 11/21 featuring news for Blacktag, Maude, and much more including how to get a pair of Beats Headphones from our featured partner…