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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, 2024about 2 years ago

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.

Predictive Intelligence
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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 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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