The global decorative paint and wallpaper market alone is worth $93B. The global paint market is dominated by incumbents, with the top 5 global paint brands owning 50% of market share. Lucas London launched Lick Home, a direct-to-consumer home décor brand focused on wall treatments, on the very same day that the UK was put into lockdown. The pandemic has given people a new appreciation for their homes. Lucas shares more on the company’s launch, product line, and seed funding round from investors that include Felix Capital, Magnas Rausing, Alex Chesterman, Piton Capital, Talis Capital, and Samos Investments.
E-Commerce
How Augmented Reality Can Completely Change Ecommerce for Buyers and Sellers
In the balmy summer of 1995, an American entrepreneur who had just quit his job on Wall Street wrote a list of items he thought it would be possible to sell on the internet. It wasn’t long. He eventually came up with five contenders before narrowing it down to one – books. The entrepreneur’s name was Jeff Bezos and the company he incorporated that year was Amazon.
How Brands Can Lean Into a Direct-to-Consumer Model
The world was moving towards direct-to-consumer anyway, COVID just accelerated it because people got forced into new behaviors. Now that people have had a taste, it’s going to be very hard to “wean them off” of the convenience, price power, and enjoyment of e-commerce buying. It doesn’t mean that people aren’t going to go to stores anymore, it just means that a lot of consumers have added e-commerce into the mix or that e-commerce is now a bigger percentage of their overall activity. Find out what you should be doing to capitalize on this shift.
Why Companies Need to Lean Into E-Commerce Now More Than Ever
In the current environment with how coronavirus is impacting large and small businesses, putting a focus on e-commerce is absolutely essential. I’ve been in the e-commerce world since 1996 (when Wine Library launched an online store) so I’m a huge believer. But at this point, the cat’s out of the bag. I just can’t imagine anybody not […]
Vendi Raises £600K Using AI to Put Trust Back into P2P Marketplaces Starting with Phones
There’s a significant amount of fraud when it comes to using peer-to-peer marketplaces. But what if buyers, sellers, and the actual product could truly be verified before the transaction takes place? vendi make this a reality and its starting with mobile phones.
Paperclip Raised £750K for its Student Marketplace Serving Universities Across the UK
Traditionally, university students have been stuck using platforms like Facebook, ebay, Craiglist, or letgo to sell items that range from textbooks to mini-fridges. However, these platforms aren’t exclusively for students. Paperclip offers a safe, student marketplace that enables thousands of students to buy, sell, and swap items on campus. Paperclip is already partnered with 40 UK […]
Threedium Raises €1M for its Immersive 3D E-commerce Experiences
The trade-off for the convenience of online shopping is the uncertainty that the item physically looks like the image on the screen, therefore, providing a perfect use case for 3D technology. Threedium provides lightweight and mobile-optimised 3D solutions to help businesses of any size create a variety of interactive experiences including 3D product viewers and […]
A 360 Degree View Of Incubating Mechatronics
Recently, private equity giant Blackstone Group announced the acquisition of Colony Capital for $5.9 billion, a deal that encompasses 60 million square feet of warehouse space across 465 facilities. Blackstone is reported to manage now over $250 billion worth of property worldwide, and the Colony purchase comes on the heels of previous warehouse acquisitions of Singapore’s GLP […]
Reinventing The Wheel, Autonomously
Logistics in America is one of the fastest-growing private sectors of the economy, generating more than $1.6 trillion of spending (or close to 10% of GDP) in supply chain, transportation, and distribution investments.
Where We Are Investing Now: Digital Brands
Both of our fund families focus on consumer products. Social Starts takes the angle of commerce and focuses on Digitally Native Brands based purely on their market characteristics. Joyance focuses on consumer goods derived from deep science with high emotional content. For us, Digitally Native Brands must deliver a generational opportunity to invest in a […]