Monthly Archives: March 2024

Legends, the First Platform Built to Measurably Increase Confidence in Kids, Launches Out of Stealth with $6M in Seed Funding

At a time when confidence in kids is at an all-time low, Legends gives families an easy & accessible way to improve their practical life skills and mental health 

SAN FRANCISCO, March 12, 2024 — Legends, the confidence-training platform for kids, launched out of stealth today and announced $6M in seed funding from tech and education VCs, including Floodgate Capital, Reach Capital, and individual investors, including technologist Joe Liemandt. This investment will accelerate Legends’ mission of building self-confidence in kids, innovating the $1.5 trillion education industry, and providing families with accessible, affordable learning tools that teach practical life skills.

The Legends team spent three years researching future preparedness and the rise of mental health issues in elementary school children and found that low confidence, which leads to issues like anxiety and depression, is one of the biggest problems facing kids today. Their survey of 1,200 families showed confidence declining from 60% to 38% between ages 12 and 14. The majority of families surveyed also cited confidence as the number one skill parents want for their kids.

Legends was built to address this issue and offers a subscription platform for kids aged 7 to 11 to use with their parents. Families are texted 5-minute confidence “workouts” daily, including an inspiring micro-documentary about a legendary person, plus an interactive exercise that reinforces the theme of the day. Confidence levels are assessed using a unique “confidence profile”, which combines user feedback with AI-assisted analysis. Since operating in beta, over 90% of kids using the platform have shown a measurable improvement in their confidence levels within the first 90 days.

“We’ve been led to believe confidence is something you’re born with, but it’s a skill, not a trait, and so it can be trained,” says Legends CEO & founder Sonny Caberwal. “Through our research, we’ve found that just five minutes of practice a day can significantly improve a kids’ confidence, giving them critical skills that will support and empower them throughout their life.”

In addition to the $6m in seed funding, Legends has also raised $1m to start the Legends Lab Foundation, a non-profit focused on improving accessibility to resources that help with confidence and related skills, led by Sue Wasiolek, who served as Duke University’s Dean of Students for over 40 years.

ABOUT LEGENDS:

Legends is a confidence-training platform that helps kids improve their confidence through daily practice and build skills that will ready them for the future. Designed for kids ages 7-11 and their parents, families receive daily, 5-minute confidence “workouts” with inspiring videos about legendary people—from celebrated artists and athletes to trailblazing scientists—plus interactive exercises that reinforce the theme of the day. Legends, which was founded in 2021 and launched out of stealth in 2024, is headquartered in San Francisco, CA. For more information, visit www.buildlegends.com.

Contact: press@buildlegends.com

SOURCE Legends


Treetoscope, a recently 1st prize winner for innovative irrigation technologies, Expands Seed Funding with New Investors to Propel Sap Sensor Technology

Innovative Precision Irrigation Management Startup Secures Additional Investment to Drive R&D and Accelerate Global Expansion

TEL AVIV, Israel, March 12, 2024 –Treetoscope, the pioneering Precision Irrigation Management startup, is thrilled to announce the extension of its latest seed fundraising round with additional investments, bringing the total to over $7 million. This strategic infusion of funds is earmarked for research and development, bolstering overall growth, and speeding up the commercial agriculture expansion across North America and beyond.

The funding round, initially led by the esteemed Champel Capital venture capital fund, renowned for its focus on impact technology investments in the European-Israeli sector, is now expanded with contributions from Stray Dog Capital (US), ECG (Thailand), and The Food Tech Lab (Spain), alongside other strategic investors including Leon Recanati, GlenRock fund, SeedIL, YYM-Ventures, Agrovision, NEOME, GN-Z11, and Earth.vc.

Dotan Eshet, CEO of Treetoscope, expressed his enthusiasm about the extended support: “The addition of Stray Dog Capital, ECG, and The Food Tech Lab to our group of esteemed investors marks a significant milestone for Treetoscope. It underscores the confidence in our revolutionary technology and our mission. This extended funding round will enable us to further accelerate our research efforts and expand our reach, empowering more farmers with the tools needed for efficient and sustainable agriculture.”

Established in 2020 in Tel Aviv, Israel, Treetoscope’s ground-breaking platform utilizes in-tree plant sensors to provide real-time sap and water uptake data, enabling growers to make more precise irrigation decisions. By integrating AI, weather data, satellite imagery, and other remote sensing technologies, Treetoscope offers a comprehensive irrigation management system that helps reduce water and input costs while ensuring optimal crop health and yield.

Moreover, Treetoscope has been recognized for its groundbreaking technology with the prestigious 2023 New Product Contest Tier 1 award by the American Irrigation Association. This accolade underscores the company’s contribution to the irrigation industry and its commitment to sustainability and efficiency in agriculture.

The unique, easy-to-install sensors by Treetoscope offer a cost-effective and high-resolution alternative to traditional soil or tree trunk sensors, providing detailed data across vineyards and orchards. This innovative approach addresses the critical challenge of water scarcity in agriculture, offering a sustainable solution to enhance food security worldwide.

“Partnering with Treetoscope aligns perfectly with The Food Tech Lab’s mission to invest in technologies that redefine the future of food and agriculture. Treetoscope’s innovative approach to precision irrigation directly mirrors our portfolio’s focus on sustainability and efficiency. We’re enthusiastic about their potential to drive significant impact in water conservation and agricultural productivity” said Juan Cividanes Roger, Managing Partner at the FoodTech Lab.

Johnny Ream, Partner at Stray Dog Capital added “We are thrilled to be part of Treetoscope’s journey as they revolutionize precision irrigation. The company’s innovative technology, combined with strategic partnerships with industry giants like Toro and Netafim, positions them uniquely to address the pressing global challenge of water scarcity in agriculture. Treetoscope’s compelling value proposition for farmers, straightforward design, and attractive scalability make them a standout opportunity in the agtech space.”

In a significant development, Treetoscope is expanding its reach by entering the Turkish market in collaboration with Netafim, a global leader in sustainable agricultural irrigation solutions. This move signifies Treetoscope’s commitment to advancing precision irrigation management in new territories, further solidifying its position as a leader in agricultural innovation.

With the addition of the new investors, Treetoscope is set to build upon its existing partnerships and expand its global footprint. The company has already seen significant commercial success through collaborations with leading agribusinesses and research institutes, including The Toro Company in North America and a rigorous validation by Netafim, leading to a global commercialization partnership.

Having secured over $10 million in total investments, including grants from the Israel Innovation Authority and the Bird Foundation, Treetoscope is on a strong growth trajectory. With successful expansions into Mexico and Spain, and a growing team in California’s Central Valley, Treetoscope is well-positioned to continue leading the way in sustainable agricultural technology.

For more information about Treetoscope’s technology, investment opportunities, or partnership inquiries, please visit www.treetoscope.com or contact Dotan Eshet at [email protected].

About Treetoscope

Treetoscope, founded in 2020, is revolutionizing agriculture with its innovative direct plant monitoring technology. Serving farmers in North America, Europe, the Middle East, and now Turkey, Treetoscope helps reduce production costs, increase yields, and optimize water usage. As the company continues to expand its technology to new territories and crops, it remains committed to enhancing sustainability and efficiency in agriculture.

About The Food Tech Lab

TheFoodTEchLab is an investment group advising a Venture Capital Fund specialized in AgrifoodTech, managed by senior executives from the food, Financial and scientific industries. Their team counts with extensive experience in the Management and mergers and acquisitions  of the Agri-food Industry. TheFoodTechLab is the “smart-money” investor every startup in the Agrifoodtech industry should look for.

About Stray Dog Capital

Stray Dog Capital is a venture capital fund investing in innovative, early-stage companies across the food, beverage, and biotechnology sectors that are driving a healthier, humane, and more sustainable future. Stray Dog Capital supports its portfolio of investments with broad experience from its team as entrepreneurs, operators, advisors, and investors. www.straydogcapital.com

About ECG

ECG Venture Capital is one of the largest financial VCs in Thailand. Despite its legacy and deep-roots in real estate private equity and credit investment in Thailand, ECG Venture Capital was among the pioneers to invest in emerging Thai and South-East Asia startups. Presently, ECG Venture Capital is sector agnostic and has directly invested in global startups as well as respected VC funds globally including Israel, USA, UK, Singapore, Indonesia, Japan, China, India, and Africa.

Contact:
Dotan Eshet [email protected]

SOURCE Treetoscope


Porter Capital Group Surpasses $10 Billion Funding Milestone Nationwide

BIRMINGHAM, Ala., March 12, 2024 — Porter Capital Group proudly announces a landmark achievement, having surpassed $10 billion in funding provided to businesses nationwide. With a broad client base spanning coast to coast, Porter Capital Group is recognized for its expertise in alternative financing solutions.  Led by seasoned professionals in the financial services sector, the team offers unparalleled support to address diverse financing needs.

Expressing his elation, Marc Porter, Founder and CEO, remarked, “I am immensely proud of our team’s dedication to providing innovative financing solutions nationwide. This achievement reflects our commitment to exceptional customer service and the trust our clients have placed in us.”

Specializing in assisting small and medium-sized businesses (SMBs), Porter Capital Group excels in unlocking cash tied up in invoices, empowering businesses to leverage these funds for growth initiatives and operational enhancements. The company offers tailored financing solutions to a wide range of industries, including staffing, manufacturing, wholesale distribution, and transportation. The attainment of the $10 billion funding milestone highlights Porter Capital Group’s flexibility and prominence in the alternative financing industry.

Scott Romanowski has served as Porter Capital Group’s Chief Financial Officer for over two decades, witnessing the company’s substantial growth over this period. He conveyed his delight with surpassing this milestone, remarking, “We are thrilled with this accomplishment, and our commitment to providing essential liquidity to businesses during challenging times and periods of expansion remains steadfast.”

Contributing to its growth, Porter Capital Group maintains an expansive nationwide partner network, that consistently refers new clients. This recognition from partners is a testament to the company’s expertise, reliability, and exceptional service to ensure comprehensive client satisfaction. Kate Smith, Chief Operating Officer, emphasized, “Our focus on corporate growth extends to our customers as we support their ambitions, offering immediate access to working capital to facilitate their journey towards success.”

Surpassing $10 billion in funding marks a significant milestone in Porter Capital Group’s history. With an unwavering commitment to client satisfaction and a diverse portfolio of customized financial solutions, Porter Capital Group is dedicated to empowering businesses nationwide.

About Porter Capital Group
Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. Porter offers working capital solutions to businesses all over the country in a variety of industries. As a direct lender and factoring company, Porter Capital has provided over $10 billion in funding since its inception. Porter Capital offers Invoice Factoring and Asset Based Credit Lines up to $40 million. Since founding the company, Porter Capital has expanded to include a special transportation division known as Porter Freight Funding. The Porter businesses continue to grow by providing working capital solutions, emphasizing personalized, dedicated customer service without sacrificing speed and efficiency. To know more about Porter Capital Corporation and how it can be a working capital solution provider for businesses, call 1-888-865-7678 or visit its official website, portercap.com.

Contact:
Michelle Milhoan,
[email protected]

SOURCE Porter Capital


Applied Intuition, Inc. Grows to $6 Billion Valuation, Securing $250 Million in Series E Funding to Advance Vehicle Software and AI Capabilities

MOUNTAIN VIEW, Calif., March 12, 2024 — Applied Intuition, Inc., a vehicle software supplier for automotive, trucking, construction, mining, agriculture, and other industries, has raised a $250 million Series E financing round at a $6 billion valuation. The round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management S.A. Applied Intuition also announced the following new and existing investors: Andreessen Horowitz (Series A lead investor), General Catalyst (Series B lead investor), Mary Meeker at BOND, Human Capital, Henry Kravis, Mustafa Suleyman, Ray Dalio, John Quinn, and Nico Rosberg. 

Applied Intuition has maintained sustainable triple-digit percentage growth year-over-year, profitably. It has expanded beyond its Silicon Valley headquarters to Detroit, Washington, D.C., Germany, Korea, and Japan and has customers worldwide, including 18 of the top 20 automotive OEMs.

“Applied Intuition benefits from generational megatrends including generative AI, autonomous systems, and software-defined vehicles. It is no wonder the company has built a scalable business and become an indispensable partner to top automotive OEMs and the U.S. military,” said Bilal Zuberi, General Partner at Lux Capital. “Applied Intuition is at the forefront of the AI revolution to transform the global transportation industry, and we are excited by its growth and distinctive position in the market. The best evidence is our enthusiasm to invest in every opportunity in the company’s history.”

The company will use the financing to make significant investments in generative AI to unlock substantial value for customers and partners. With recent advancements in large language models (LLMs), Applied Intuition is uniquely positioned to help its customers revolutionize the vehicle software development process. The company will continue to recruit the world’s best software and AI engineers to further expand its offerings that enable its customers to have the world’s most advanced driver-assistance systems (ADAS) and automated driving (AD) solutions.

“More than ever, consumers expect exclusive and seamless software integration in their cars,” said Lutz Meschke, CFO at Porsche AG. “With this strategic investment and partnership we want to further strengthen Porsche’s expertise in the field of software and customer experience.”

“Within the last few years, we’ve seen massive advances in artificial intelligence that will have groundbreaking impacts on the industries that Applied Intuition serves. Our role as a leader in the ecosystem is to bring the best of what Silicon Valley has to offer to our global customer base,” said Qasar Younis, CEO and Co-Founder of Applied Intuition. “Our industry-leading vehicle software products will infuse AI technology to expand beyond our definitive ADAS and AD toolchain, which will exponentially accelerate the production of next-generation vehicles.”

About Applied Intuition
Applied Intuition is a Tier 1 vehicle software supplier that accelerates the adoption of safe and intelligent machines worldwide. Founded in 2017, Applied Intuition provides the definitive ADAS and AD toolchain to deliver high-quality systems and shorten time to market. 18 of the top 20 global automakers trust Applied Intuition’s end-to-end solutions to drive the production of modern vehicles. Applied Intuition serves the automotive, trucking, construction, mining, agriculture, and defense industries and is headquartered in Mountain View, CA, with offices in Ann Arbor and Detroit, MI, Washington, D.C., Munich, Stockholm, Seoul, and Tokyo. Learn more at https://appliedintuition.com

SOURCE Applied Intuition


OKX Ventures Joins US$50 Million Series A Investment in Eclipse, Ethereum’s First Layer 2 Using the Solana Virtual Machine (SVM)

SINGAPORE, March 12, 2024 — OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced its participation in a US$50 million Series A funding round for Eclipse, a pioneering Ethereum Layer 2 solution utilizing the Solana Virtual Machine (SVM).

Eclipse is committed to offering a Layer 2 that excels in speed, security and scalability, promising an environment where powerful applications can seamlessly interact among millions of users.

Eclipse Labs Founder Neel Somani said:
“Eclipse aims to be the quickest Layer 2 on Ethereum, leveraging the most efficient components of the available modular stack. To cater to 99% of use cases, Ethereum requires a single, scalable and composable Layer 2. While other Layer 2 ecosystems have focused on full EVM compatibility, this has resulted in a fragmented and slow Layer 2 landscape. Eclipse fuses the high-performance SVM with Ethereum‘s vast liquidity pools, ensuring verifiability.”

OKX Ventures Founder Dora Yue said: “Eclipse stands out for its unique approach that empowers builders and users alike, and enables developers and users to creatively piece together DApps and protocols. In addition, Eclipse excels in providing a platform for builders to thrive, resulting in an enhanced user experience. Users can also easily provide transaction feedback, trusting the Ethereum-backed SVM. At OKX Ventures, we’re committed to supporting user-friendly and innovative projects.”

For further information, please contact:
[email protected] 

About OKX Ventures

OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.

Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.

Find out more about OKX Ventures here.

Disclaimer

SOURCE OKX Ventures


Quthero Secures $500,000 Investment Boost from the Ontario Centre of Innovation

TORONTO, March 11, 2024 — Quthero, a pioneering biotech company renowned for its unique Q-peptide platform technology, proudly announces the successful acquisition of $500,000 in investment funding from the Ontario Centre of Innovation’s (OCI) Life Science Innovation Fund. This is in addition to a co-investment of $850,000 for a total round size of $1,350,000

“Through the Ontario Life Sciences Innovation Fund, our government is ensuring that Ontario companies, like Quthero, have the resources they need to develop cutting-edge solutions,” said Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade. “We congratulate Quthero on the success of their unique Q-peptide platform technology and thank them for their contributions to Ontario’s life sciences sector.”

OCI is renowned for fostering collaboration among industry, academic, and government partners, strategically invests in research and development, technology innovation, and commercialization initiatives to deliver optimal returns on innovation for Ontario and Canada. Quthero’s groundbreaking technology facilitates the complete regeneration of a patient’s natural tissue with minimal scarring.

“We are excited to have OCI’s investment in Quthero which will allow the company to begin launching our dermatological post-procedure products.  These products are designed to enhance patient experience and speed up recovery after aesthetics procedures such as microcoring and radio frequency microneedling,” said Milica Radisic, PhD, President and CEO of Quthero. 

Quthero has harnessed the potential of its patented Q-peptide platform technology to develop multiple applications. Proven to accelerate healing, reduce redness and bruising, and prevent scarring post-cosmetic procedures, Quthero’s products are available for direct purchase on their website www.quthero.com or through participating physicians.

“Quthero’s groundbreaking technology has the potential to transform lives. The company’s patented Q-peptide platform is versatile in its applications. OCI is proud to support the development and commercialization of this technology. This investment demonstrates our commitment to advancing innovative solutions that contribute to Ontario’s thriving innovation sector and beyond,” said Claudia Krywiak, President and CEO, Ontario Centre of Innovation.

About Quthero:
Quthero is discovering and developing innovative applications for tissue regeneration utilizing their patented Q-peptide technology that are effective, safe and cost competitive. To learn more, visit Quthero.com.

About the Ontario Centre of Innovation:
The Ontario Centre of Innovation (OCI) brings industry, academic, and government partners together to invest in collaborative R&D, technology development, and commercialization opportunities that generate the highest return on innovation for Ontarians.

As an ecosystem connector, OCI initiates unparalleled partnership opportunities, develops and manages successful industry-academic collaborations, supports high-potential SMEs in commercializing ground-breaking research, and provides hands-on training and skills development opportunities for the next generation of highly-skilled talent.

OCI drives economic growth and job creation through investments in the development, commercialization, and adoption of advanced technologies.

For more information: https://www.oc-innovation.ca.

SOURCE Quthero, Inc.


All-in-One Web3 Gaming Ecosystem Blockus Raises $4M Pre-Seed After Completing a16z Incubator Program

The announcement comes during the Game Developers Conference week, where the company will host a special side event

SAN FRANCISCO, March 11, 2024 — Blockus, an emerging, innovative force at the intersection of blockchain technology and gaming, today announced a significant milestone, securing $4M in pre-seed funding. This successful raise follows Blockus’s participation in the prestigious a16z Crypto Startup Accelerator, which not only provided access to mentors and advisors but also allowed the startup to connect with potential investors.

The pre-seed round was led by Maple VC and included Altos Ventures as well as known angel investors such as Zhuoxun Yin from Magic Eden, Michael Ma from CreatorDAO, and Bryan Pelligrino from LayerZero.

Blockus is dedicated to transforming the gaming experience by enabling studios to onboard their players and build on-chain gaming features with ease. The company has already gained traction in the market, with over 30 partners already signed, including Ambrus Studio, the team behind E4C: Final Salvation. The funding will allow Blockus to accelerate its growth, expand its team, strengthen sales operations, and invest heavily in product development.

“This pre-seed raise marks a pivotal moment in our journey,” said Jess Zhang, Co-founder & CEO at Blockus. “The trust our investors, like Maple VC, have placed in us is both humbling and inspiring. We’re ready to unlock the next level of innovation in the gaming industry, and we’re excited to bring our blockchain solutions to even more studios and developers.”

With a rapidly expanding market – approximately 62% of all dApp activity comes from gaming projects, and Web3 gaming is expected to reach $600B by 2030 – Blockus is in a prime position to capitalize on this growth.

“We’re thrilled to witness Blockus’s latest achievement,” said Johnson Yeh, Founder & CEO at Ambrus Studio. “As innovators in the gaming space, we’re proud to partner with a company that’s pushing the boundaries of what’s possible. The potential for Web3 in gaming is immense, and we’re confident that Blockus will play a major role in shaping its future.”

The announcement is made in the lead-up week to Game Developers Conference (GDC) taking place in San Francisco. There, the company will host a dedicated event on March 21 at 7 p.m. at the iconic SPIN bar to engage with the Web3 gaming community, and current and potential partners.

“Blockus has the potential to be the catalyst for a new era of gaming, built on the principles of decentralization and player ownership,” said Andre Charoo, General Partner at Maple VC. “The founders’ deep understanding of both gaming and Web3 technologies, combined with their track record, makes them an exceptionally compelling team to back. We believe Blockus is poised to lead the way in the Web3 gaming revolution.”

To celebrate its funding milestone, Blockus is extending a special offer of $20,000 in credits to potential clients for the two weeks following the announcement period. This offer presents a unique opportunity for game developers interested in exploring how Blockus can elevate their game experiences.

You can learn more about the event at GDC and apply for the credits here: https://lu.ma/blockusgdc

About Blockus

Blockus is a complete Web3 gaming economy ecosystem. Beautifully built, fully compliant, and seamlessly integrated into games, the company’s mission is to create a future where players have true ownership of their in-game assets and where gaming experiences are more immersive, engaging, and rewarding. Learn more about Blockus at https://www.blockus.gg/

Contact:

[email protected]

SOURCE Blockus


AgeTech Atlanta and the American Society on Aging Announce Finalists for AgeTech Challenge Innovation Showcase 2024

Pitch competition to be held March 27 during On Tech @ On Aging 2024

ATLANTA, March 11, 2024AgeTech Atlanta and the American Society on Aging today announced finalists for the AgeTech Challenge Innovation Showcase 2024. Finalists will pitch to an A-list panel of venture capitalists for the chance to win $10K during On Tech @ On Aging 2024, a four-day summit within the On Aging conference. On Tech includes a complete AgeTech track of workshops and speakers, a two-hour AI event featuring investors and innovators, as well as a Startup Alley featuring AgeTech devices and technologies designed to help older adults live their best lives. This year’s On Aging Conference will be held March 25-28 in San Francisco and is the largest multidisciplinary conference on aging in the country. 

“We’re thrilled to announce another blockbuster lineup of finalists for this year’s AgeTech Challenge Innovation Showcase at On Aging 2024,” said Jeff Gray, founder of AgeTech Atlanta. “These innovations are as diverse as the founders who created them, with women-founded ventures leading the charge and representing seven out of the group of finalists.”

The AgeTech Challenge Innovation Showcase will feature early-stage companies from across North America that are developing groundbreaking solutions geared toward older adults, their caregivers, and the industries serving them, including fintech, logistics, Internet security, travel and hospitality, retail, digital health, smart home, and IoT. The finalists are:

“Over 12,000 people turn 65 every day in the U.S. The business and mission opportunities for the tech sector are clear, and the American Society on Aging is proud to support today’s innovators as they work to meet this moment,” said Leanne Clark-Shirley, CEO of the American Society on Aging. “We can’t wait to host the AgeTech Challenge Innovation Showcase at On Aging in San Francisco, especially as we celebrate our 70th birthday. Together, the ASA, AgeTech Atlanta, and these innovators are helping write the future of AgeTech enterprise!” 

Tickets to attend the AgeTech Challenge Innovation Showcase in San Francisco are included with the On Tech @ On Aging conference passes.

About AgeTech Atlanta
AgeTech Atlanta is a close-knit community of Atlanta-based innovators that are committed to changing the definition and experience of aging. Founded in 2021, AgeTech Atlanta is on a mission to make Atlanta #1 in AgeTech innovation. Our group is composed of startup founders, industry mavericks, educators, researchers, and influencers in the fields of AgeTech, eldercare, and longevity. For more information, visit our website at www.agetechatlanta.com.  

About the American Society on Aging
The American Society on Aging was founded in 1954. Celebrating 70 years, the organization serves 6,000+ members and over 180,000 constituents who work in, support, or provide care to the world’s fastest-growing population, our aging population. Learn more at www.asaging.org.  

Media Contact:
Kathy Berardi
Carabiner Communications
678-644-4122
[email protected]

SOURCE AgeTech Atlanta


Entrepreneur Extraordinaire Daymond John Joins Once Upon A Coconut as Equity Partner

ORLANDO, Fla., March 11, 2024 — Once Upon A Coconut is thrilled to announce a significant milestone in its journey, as the renowned entrepreneur and “Shark Tank” star, Daymond John, joins the brand as an equity member. This partnership marks an exciting chapter for Once Upon A Coconut, which has captured the attention of one of the most influential business minds in the industry.

Daymond John, the founder and CEO of FUBU and a prominent investor on the hit television show “Shark Tank,” recently discovered Once Upon A Coconut’s exceptional line of coconut water products at random. What began as a simple tasting turned into a love affair with the brand’s distinct taste, captivating story, and unwavering commitment to a mission that resonated with him.

Known for his keen business acumen, Daymond John was immediately drawn to Once Upon A Coconut’s unique approach to coconut water. The brand stands out not only for its exceptional quality but also for the compelling narrative that accompanies each product. Once Upon A Coconut takes consumers on a journey from the lush coconut groves to their refreshing coconut water, capturing the essence of the tropical paradise in every sip.

“I came across Once Upon A Coconut by chance, and I was immediately captivated by the taste, the story, and the mission behind the brand,” said Daymond John. “It’s rare to find a product that not only delivers on quality but also tells a compelling story. I’m excited to be part of the Once Upon A Coconut family and contribute to its growth.”

Once Upon A Coconut’s dedication to sustainability and ethical sourcing, coupled with its mission-first approach of aligning with charities to give back to those in need, deeply impressed Daymond John. The brand’s commitment extends beyond delivering a delicious beverage; it encompasses supporting local communities, promoting eco-friendly practices, and ensuring that each step of the production process adheres to the highest standards of quality and responsibility.

“We are honored to welcome Daymond John to the Once Upon A Coconut family. His passion for innovation, business savvy, and commitment to making a positive impact align perfectly with our values,” said John Chiorando, Co-Founder and CEO of Once Upon A Coconut. “With Daymond on board, we look forward to reaching new heights and introducing our coconut water to even more people who appreciate the extraordinary blend of taste, story, and mission that sets Once Upon A Coconut apart.”

This exciting partnership between Once Upon A Coconut and Daymond John represents a powerful collaboration between a visionary entrepreneur and a brand committed to delivering a unique and exceptional product to consumers worldwide.

About Once Upon A Coconut
Once Upon A Coconut is a brand dedicated to delivering the highest quality coconut water while sharing the enchanting story of its origin. From the tropical groves to your taste buds, Once Upon A Coconut takes consumers on a journey through taste, story, and mission. Committed to sustainability and ethical sourcing, the brand seeks to make a positive impact on the world while providing a refreshing and delightful experience. For more information, visit https://onceuponacoconut.com/.

About Daymond John
Daymond John is a successful entrepreneur, investor, author, and television personality. He is the founder and CEO of FUBU, a global lifestyle brand, and is widely known for his role as a “Shark” on the ABC reality television series “Shark Tank.” With a passion for business and innovation, Daymond John continues to inspire and empower aspiring entrepreneurs worldwide. For more information, visit https://daymondjohn.com/.

SOURCE Once Upon A Coconut