Lucy Raises $10M in Series A Funding

lucy

Lucy Goods, Inc., a Los Angeles, CA-based nicotine alternative company, completed a 10M Series A financing.

The round was led by RRE Ventures with participation from FundRX, Vice Ventures as well as existing investors Greycroft Partners and YCombinator.

The company plans to use the funds to create new and improved products and to expand its presence in physical retail locations.

Founded by David Renteln (Cofounder and former CMO at Soylent), John Coogan (Cofounder and CTO of Soylent), and Samy Hamdouche (PhD in Biophysics and Biochemistry from Caltech and former Head of Research at Soylent), Lucy provides a nicotine gum designed for optimal taste, texture, and a quick nicotine release.

FinSMEs

24/02/2020

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