Align Ventures Closes $125M Early Stage Fund II

Align Ventures closed its early-stage Fund II at $125 million. The consumer-focused firm aims to allocate Fund II into 15 to 20 brands, with check sizes ranging from $2 million to $10 million.

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Suppliers Face Steep Losses as RNDC Enters Chapter 11

Republic National Distributing Company (RNDC) filed for Chapter 11 bankruptcy this week, putting many suppliers who have gone months without payment in the back of the line to collect.

Taste Radio: Whole Foods Said Wait. Little Spoon Built A $150M Brand Instead.

How do you build a $150M CPG brand after your first retail opportunity falls apart? For Little Spoon, the answer was to stop waiting for retail and start building a direct relationship with its customers. In this episode, co-founder Angela Vranich breaks down the decisions, challenges, and operating principles that turned an early setback into the foundation for one of the biggest success stories in modern CPG.

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RNDC Files For Chapter 11 Bankruptcy

Republic National Distributing Company (RNDC) has filed for Chapter 11 bankruptcy after nearly selling off all its territories.