Tava Organics, Ltd. announced that it has received $0.2 million in funding from Aterian, Inc.
March 06, 2024
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Tava Organics, Ltd. announced that it has raised 0.2 million in the round of funding on March 7, 2024. The transaction included participation from new investor, Aterian, Inc. The company has issued common stock in the transaction. The investor has issued 145,000 common stock at price of $1.37931 per stock.
Aterian, Inc. is a technology-enabled consumer products company. The Company builds and acquires e-commerce brands. The Companyâs primary brands include Squatty Potty; hOmeLabs; Mueller; Pursteam; Healing Solutions; and Photo Paper Direct. The Company sells a wide range of products across multiple categories, including home and kitchen appliances, kitchenware, cooling, and air quality appliances such as dehumidifiers, health and beauty products, essential oils and more. These products are sold under the Companyâs owned brands, which were either incubated or acquired. Its customers are mainly individual online consumers who purchase its products primarily on Amazon United States, and to a lesser extent on its owned and operated websites and other marketplaces, such as Walmart. The Company's subsidiaries include Aterian Group, Inc., Xtava LLC, Sunlabz LLC, RIF6 LLC, SweetHomeDealz LLC, Products for Change, LLC, Commerce Planet, LLC, Chromatic Jammer, LLC, Rencare, LLC, among others.