Rainforest

Rainforest, a mums-focused e-commerce brand aggregator, has raised US$45 million in a first close led by Canopy Tropics, backed by Southern Capital Group. Returning investors, Monks Hill Ventures, Insignia Venture Partners, and January Capital also participated in the round. This latest financing brings Rainforest’s total capital to over US$100 million since its launch in January 2021, the company further expects…

Rainforest, Asia’s leading eCommerce buy & build player, today announced that it has achieved a revenue milestone of US$30 million annualised run-rate after its first full year of operations. The announcement coincides with the completion of the aggregator’s latest round of acquisitions, bringing its total portfolio size to 12 brands, selling products across the maternity,…