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Alec’s Ice Cream Secures $11M Series A to Scale Nationwide Expansion

Alec’s Ice Cream Secures $11M Series A to Scale Nationwide Expansion

October 20, 2025 Craig Etkin

PETALUMA, Calif., Oct. 9, 2025 /PRNewswire/ — Alec’s Ice Cream, the first and only A2 regenerative organic ice cream brand, has announced the successful closing of its oversubscribed $11 million Series A funding round led by Imaginary Ventures. Additional investors include Great Circle Ventures, Altelan Capital, DAYBREAKER, Dr. Anthony Guston, and Monique Volz (Ambitious Kitchen). This funding will support Alec’s Ice Cream’s mission to assist farmers in building regenerative supply chains and accelerate growth through innovation, marketing, and team expansion—paving the way for a more sustainable food future.

This raise follows Alec’s Ice Cream’s viral sellout launch of Culture Cup, its new line of pre- and probiotic single-serve cups, now available nationwide at Whole Foods Market, Wegmans, and Target. Building on the success of its award-winning pints—including standout flavors like Peanut Butter Fudge Honeycomb, Palm Springs Banana Chocolate Date Shake, and Tahitian Vanilla Bean—the brand has experienced rapid growth in 2025. Now available in 3,000 retail locations and on track to double its year-over-year sales, the brand is poised for continued expansion into grocery and retail channels nationwide.

“Alec’s Ice Cream removes the trade-off between indulgence and health, delivering both flavor and function,” said Logan Langberg, Partner at Imaginary Ventures and newly appointed board member at Alec’s Ice Cream. “By combining culinary creativity with nutritional integrity, the brand is winning over consumers and experiencing exceptional growth. We believe Alec’s isn’t just part of the movement toward permissible indulgence—it’s shaping the future of it.”

“This funding marks an exciting new chapter for Alec’s Ice Cream,” added Alec Jaffe, CEO and founder of Alec’s Ice Cream. “With the support of incredible partners, we’ll not only be able to scale distribution and bring innovations to market, but also advance our mission to change the way people grow and think about food—proving that ice cream can be both indulgent and a force for good in every freezer across America.”

Founded in 2020, Alec’s Ice Cream is on a mission to reimagine the food system by going beyond organic to support regenerative farming that helps reverse climate change. Through the universally loved treat of ice cream, Alec’s seeks to inspire consumers to choose foods that taste better, support regenerative farmers, and are better for their health—and the planet.

To learn more about Alec’s Ice Cream, visit alecsicecream.com or follow along on social @alecsicecream.

Alec’s Ice Cream
Alec’s Ice Cream is the world’s first 3rd party verified regenerative and USDA organic-certified ice cream utilizing A2 dairy — the original milk protein. Unlike conventional dairy, A2 dairy is known to lead to easier digestion and other health benefits. Not only does Alec’s Ice Cream taste better and is better for you, it is also better for the environment by virtue of its ingredient partnerships with pioneering regenerative organic farmers. Alec’s best-in-class ingredients and incredible flavor combinations come together to create an ideal texture, creaminess, and flavor for the ultimate indulgent experience. Learn more at www.alecsicecream.com and follow along on Instagram and TikTok.

SOURCE Alec’s Ice Cream

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Alec's Ice Cream, California, Cision, Petaluma, PRNewswire, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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