While the venture world is abuzz over generative AI, Dayna Grayson, a longtime venture capitalist who five years ago co-founded her own firm, Construct Capital, has been focused on comparatively boring software that can transform industrial sectors. Her mission doesn’t exclude AI, but it also doesn’t depend on it. Construct recently led a seed-stage round, […]
Shein to face EU’s strictest rules for online marketplaces
Ultra-fast fashion ecommerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services Act (DSA), the Commission announced Friday. Shein had reported passing an average of 45 million monthly users in the region — which is the threshold for the […]
Full Glass Wine raises $14M to continue DTC marketplaces spree, buys Bright Cellars
Full Glass Wine, a brand acquisition management startup that specializes in acquiring wine marketplaces, has raised a $ 14 million Series A round to continue acquiring DTC (direct-to-consumer) wine marketplaces, aiming to lead the DTC wine market. DTC wine brands sell wine directly to wine lovers, bypassing traditional distribution channels Full Glass Wine recently acquired […]