Secondary
July founders pour $2 million into Memobottle for a 20% stake
July's two cofounders personally bought a fifth of bottle maker Memobottle for two million dollars, valuing it at ten million, and will join its board.
Company
Memobottle
Melbourne, VIC
Funding history
Investors
Every investor coverage indicates participated in a round Memobottle raised.
What Memobottle bought
Companies Memobottle acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
Coverage
Stories naming Memobottle. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Unnamed stage
July founders take 20% stake in Memobottle at $10 million valuation
Two founders of a luggage brand have bought a fifth of a water bottle maker at a ten-million-dollar valuation, with the money going into growth rather than to sellers, and a new bottle launching soon.
Funding announcement
‘Faster than we can fund ourselves’: Startup lenders boom as small business ditches banks for alternative options
Small businesses are shifting from banks to alternative lenders. Lumi recently closed a large funding round, Credi is running a crowdfunding campaign, and new lending entrants face steep capital barriers.