Subscription-based Bright Cellars lands more funding to personalize its wines

Bright Cellars, a six-year-old subscription-based wine seller has, like many upstarts, evolved over time. While it once sent its club members third-party wines that fit their particular profiles, Milwaukee, Wisconsin-based Bright Cellars says it’s now amassing enough data about its customers through its “palate” quizzes that it no longer sells wines made by other brands. […]

Read More

Reddit bans anti-vaccine subreddit r/NoNewNormal after site-wide protest

Illustration by Alex Castro / The Verge Reddit has banned anti-vaccine and anti-mask subreddit r/NoNewNormal and has quarantined 54 other subreddits associated with COVID denial. A week ago, the company’s CEO said in a post that Reddit was meant to be a place of “open and authentic discussion and debate,” even for ideas that “question or disagree with popular consensus.” In today’s post, the company has clarified its rules with regard to health misinformation. The subreddit NoNewNormal has been cited by many in the Reddit community as a source of…

Read More

Berlin Brands Group, now valued at $1B+, raises $700M to buy and scale merchants that sell on marketplaces like Amazon

Berlin Brands Group (BBG) — one of the new wave of e-commerce startups hoping to build lucrative economies of scale around buying up smaller brands that sell on marketplaces like Amazon and using technology to run and scale them more efficiently — has picked up a big round of funding to fill out that mission. […]

Read More

Sphere raises $2M to help employees lobby for green 401(k) plans

In the United States, a 401(k) plan is an employer-sponsored defined-contribution pension account. However, with legacy institutional investing, most of these have at least some level of fossil fuel involvement, and, let’s face it, very few of us really know. Now a startup plans to change that. California-based startup Sphere wants to get employees to […]

Read More

Forum Brands secures $100M in debt financing to acquire more e-commerce brands

Forum Brands, an e-commerce acquisition platform, announced today that it has secured $100 million in debt funding from TriplePoint Capital. The financing comes just just over two months after the startup raised $27 million in an equity funding round led by Norwest Venture Partners. Brenton Howland, Ruben Amar and Alex Kopco founded New York-based Forum […]

Read More