Filter Capital, 3one4 back D2C brand R for Rabbit in $27 million primary-secondary deal

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Direct-to-consumer baby products brand R for Rabbit has closed a $27 million round led by growth investment firm Filter Capital and early-stage venture capital firm 3one4 Capital.

The round, comprised primary capital infusion and a secondary share sale, marking the exit of early backer Xponentia Capital, a private equity firm that had invested about $4.5 million (Rs 40 crore) in the firm in 2021.

The funds will be used to fuel growth, strengthen omnichannel distribution, enhance product innovation, and expand digital initiatives, the company said in…



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Filter Capital, 3one4 back D2C brand R for Rabbit in $27 million primary-secondary deal



Direct-to-consumer baby products brand R for Rabbit has closed a $27 million round led by growth investment firm Filter Capital and early-stage venture capital firm 3one4 Capital.

The round, comprised primary capital infusion and a secondary share sale, marking the exit of early backer Xponentia Capital, a private equity firm that had invested about $4.5 million (Rs 40 crore) in the firm in 2021.

The funds will be used to fuel growth, strengthen omnichannel distribution, enhance product innovation, and expand digital initiatives, the company said in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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