Magic Spoon provides childlike, low-carbohydrate cereal foods for adult customers. Founded by Gabi Lewis and Greg Sewitz in 2019, Magic Spoon is backed by investors that include David Gilboa, Jeffrey Raider, Joseph Zwillinger, Lightspeed Venture Partners, and Neil Blumenthal and is headquartered in Brooklyn.
Eco-friendly sneaker maker Allbirds Inc fetched a valuation of $3.3 billion in its Nasdaq debut on Wednesday after its shares opened 41% above their offer price, joining a clutch of retailers that had strong market debuts in recent months.