reach@earlypad.com

Tag: littlespoon

Investors Interest in Consumer Products Startups Surged Amid Covid-19
Market Research

Investors Interest in Consumer Products Startups Surged Amid Covid-19

Consumer products startups saw funding jump in Q1’20 while fintech industry witnessed one of the worst quarters in years. Consumer products funding was up 36% quarter-over-quarter, garnering $3.3B across 366 deals. Q1’s surge was largely driven by mega-rounds in the alternative proteins, gaming, and fitness spaces.  Lets have a look at the consumer products areas that have seen the most growth amid Covid. 1. Food and beverage Food and beverage startups saw funding soar in Q1’20, raking in $1.3B — more than double the dollars compared to the prior quarter — across 106 deals.  Sustainability and health remained top of mind for investors, with Impossible Foods’ $500M Series F coming in as one of the largest deals of the quarter. Alternative protein companies