The Briefing: Discord Eyes $10B+ M&A Deal, Ro Raises $500M, And More
Summary
The company plans on eventually going public, and will begin selling ads in its channels and introducing paid features, according to the report. The company — which is profitable — plans to use the new proceeds to fuel growth, expand its product offerings and explore international markets. The New York-based company’s technology establishes a continuous connection to consumers as businesses develop new product offerings, test new concepts and define go-to-market plans. So far this year, the company experienced record-breaking retail sales for its JUST Egg’s 12-ounce pourable format for scrambles, omelets, quiches, stir-fries and baking applications, according to Eat Just. The round was led by a consortium of backers that included Rick Klausner, Section 32, Jeffrey Leiden and DSM Venturing.
