Startups can nonetheless elevate capital — even when it’s for an excellent trigger

When enterprise funding began to gradual in 2022, many feared that traders would retreat to the place they had been comfy: SaaS corporations based by people of their community. And any firm that wasn’t posting high development metrics would battle to safe funding. Whereas this has largely been true, there have been vivid spots. Everytable’s current spherical is one in every of them.

The mission-driven meals tech startup appears to make wholesome ready meals, together with wraps and salads, as accessible and inexpensive as fast-food chains. The startup costs its menu based mostly on the place every particular person retailer is positioned along with distributing via quite a lot of different channels, together with branded merchandising machines and supply.

On June 27, the startup introduced a $25 million Sequence C-2 spherical led by Dohmen Influence Funding Fund, which backs for-profit corporations constructing meals options to boost human well being, along with present traders. This spherical will assist the corporate develop its retail footprint; Everytable hopes to open up 25 shops within the latter half of 2023.

This deal is notable for just a few causes — none of which being that it obtained introduced amid the mass VC summer time exodus on the finish of June. Somebody remains to be working!