New York-based Imaginary Ventures recently closed its inaugural fund with $75 million in commitments. The firm was co-founded by Natalie Massenet, founder of online luxury e-tailer Net-a-Porter that merged with Yoox Group in 2015, and Nick Brown, who most recently was a partner at 14W Venture Partners in New York. Massenet is no more with Net-a-Porter.
The firm invests in the beauty, wellness, food and beverage, lifestyle and fashion sectors, according to a company press release. Its portfolio includes, among others, Appear Here, Dirty Lemon, Farfetch, Hum Nutrition and Universal Standard. (DS)
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