Chip City Cookies Raises $7.5M in Funding for Expansion and Brand Strengthening.

Chip City Cookies' Series B Funding

Key Highlights:

• Series B Funding: Chip City Cookies, a gourmet cookie chain, raised $7.5 million in Series B funding.
• Investor: Enlightened Hospitality Investments made the investment.
• Growth and Expansion: Funds will be used to expand brick and mortar locations across the United States, invest in people and services, and strengthen the brand's position in the competitive cookie segment.

Chip City Cookies' Target Market

• Target Market: Cookie lovers and dessert enthusiasts across the United States.
• Brick and Mortar Locations: Expansion of physical stores in various states, including New York, New Jersey, Connecticut, Florida, Illinois, Maryland, Massachusetts, Virginia, and upcoming markets like Pennsylvania.
• Nationwide Shipping: Customers across the United States can order Chip City Cookies online for nationwide delivery.

What Chip City Cookies Needs to Buy

• Real Estate and Store Development: Acquiring new locations and investing in store design and development.
• Marketing and Branding Services: Collaborating with marketing agencies to enhance brand visibility and customer engagement.
• Supply Chain and Logistics Solutions: Partnering with logistics providers to ensure efficient delivery of cookies for online orders and store replenishment.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.