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Magic Spoon received $85 million in Series B funding to expand into retail stores after the early hype and excitement, despite recent appearance in a clearance bin.

PRIVATEApr 11, 2024

Amount Raised

$85 Million

Round Type

Series B

New YorkOther

Description

Magic Spoon, a producer of grain-free cereals, received $85 million in Series B funding to expand into various retail stores after a period of hype and excitement. However, recent presence in a clearance bin has raised questions about its market demand and long-term success.

Company Information

Company

Magic Spoon Inc.

Location

285 WEST BROADWAY

New York, New York, United States

About

Magic Spoon provides childlike, low-carbohydrate cereal foods for adult customers.

Fundz sees it the moment Magic Spoon Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Magic Spoon Inc.'s next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Magic Spoon Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.