Alongside Fung in the round were venture capital firms Lerer Ventures, Legend and Swan Ventures, Allegro Venture Partners, Bee Partners, as well as angel investors.
OrderGroove a US-based company for branded consumer goods to create subscription and membership commerce, has raised $7m in its series B round from a consortium led by Fung Capital USA, a corporate venturing unit of Li & Fung, the world’s largest sourcing company that manufactures, distributes and retails consumer products globally and has more than $20bn in revenue.
Alongside Fung in the round were venture capital firms Lerer Ventures, Legend and Swan Ventures, Allegro Venture Partners, Bee Partners, as well…