Other participants in the round are existing investor Brand Foundry Ventures, which led the brand’s previous pre-seed round, Sugar Capital, Selva Ventures, Silas Capital, Ollie Pets co-founder Gabby Slome, Starface co-founder Brian Bordainick and angel investor Kate Wallman.
The seed funding brings Cake’s total funding to $5.7 million over two rounds in its first year in business. The cash infusion will go toward product development and retail expansion.
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