Pangaea Holdings, growing males’s private care manufacturers, raises $68M, together with minority stake from Eurazeo – TechCrunch
World funding group Eurazeo invested $53 million in Pangaea Holdings for a minority funding within the Los Angeles e-commerce firm rooted in creating premium males’s private care manufacturers.
The funding is an element of a bigger $68 million spherical that features $15 million in Collection B funding from a bunch of backers together with Unilever Ventures and GPO Fund and present traders Base10 Companions and Gradient Ventures. This brings the corporate’s complete funds raised to $87 million for the reason that firm was based by Richard Hong and Darwish Gani in 2018.
Harlem Capital’s Henri Pierre-Jacques invested in each Pangaea’s seed spherical in 2019 and Collection A in 2020. He’s recognized Gani since school and labored with Hong over the previous two years, calling the pair “one of the data-driven and founder market suits I’ve seen.”
“On the seed stage, the enterprise was already a seven-figure enterprise and has continued