Comcast Ventures and Rich Products Ventures contributed to a series B round for smart oven provider Tovala, whose earlier backers include Gree and Tyson Ventures.
US-based smart oven producer Tovala completed a $20m series B round on Tuesday featuring Comcast Ventures and Rich Products Ventures, subsidiaries of mass media group Comcast and food supplier Rich Products.
Venture capital firm Finistere Ventures led the round, which included equity crowdfunding platform OurCrowd, University of Chicago, Pritzker Group Venture Capital, New Stack Ventures and Gordon Segal, the founder of home furnishings retail chain Crate & Barrel.
Founded in 2015 as Maestro, Tovala markets a countertop smart oven that…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
