UChicago has once again backed the corner store operator, and the round was co-led by Almanac Insights and Monogram Capital Partners.

Foxtrot Market, a US-based convenience store and café operator, has raised $42m in series B funding from investors including University of Chicago.
Almanac Insights and Monogram Capital Partners co-led the round, which also attracted Imaginary Ventures, Wittington Ventures, Fifth Wall, Lerer Hippeau, Revolution’s Rise of the Rest Seed Fund, M3 Ventures, Collaborative Fund, Wasson Enterprise, Bluestein Ventures, and Barshop Ventures as well as private investors.
Foxtrot Market is building a network of brick-and-mortar stores that also offer online…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.