Company News

Grove Closes $125M Funding Round

Plans to drive zero waste product innovation and launch new brands.

Grove Collaborative has closed its latest fundraising round—$125 million—which has raised the company’s valuation to $1.32 billion.  Grove Collaborative plans to leverage the capital raised to push further on its zero waste product innovation and launch new brands – including those in the clean beauty space – while expanding product assortment in its Beyond Plastic line.     Investors include Counterpoint Global at Morgan Stanley, Sculptor, Nextview and Glynn among others.   Launched in 2016...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters