๐Ÿ“ Nara Organics raises $32M

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Esther Hallam, frustrated by the lack of trustworthy organic infant formula in the U.S., spent seven years developing her own, and today officially launches Nara Organics, a European-made, FDA-registered formula that avoids palm oil, corn syrup, soy, and GMOs. Manufactured in a state-of-the-art German facility to ensure purity and shelf life, Nara boasts the highest milk fat content and lowest plant oil content of any U.S.-sold formula, meeting both American and European standards. Backed by $32 million from top VCs and celebrity investors, including Serena Williams and Nicky Hilton, the company is positioning itself as a clean, premium alternative in the $20.7 billion global formula market, with cans now available via subscription and through its free infant care tracking app.

This gold miner, with a pre-money valuation of only C$15 million, is completing a C$2 million pre-IPO equity raise to restart the Gold Road mine in Arizona, USA. The mine and mill, idled since 2021, are in excellent condition to capitalize on current high gold prices. Gold Road is Arizona's only fully permitted integrated gold mill and plans to list on the TSX.V this October. Management aims to reach 20,000 ounces of gold per year by 2025/26. This would generate over US$40 million EBITDA in 2026 and offer a substantial dividend yield paid in physical gold and silver, presenting significant upside from its current low valuation. Learn more. *

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