Stripes and Imaginary Ventures led a $22.5m Series A round in XCJ.

Stripes, a private equity and venture capital firm, and Imaginary Ventures, a venture capital firm, led a $22.5m Series A round in XCJ, a street food provider. "Our new brand identity and partnership with Simu is a continuation of growth for the company – this sets us up well for our retail debut further increasing the accessibility and reach of our products," Caleb Wang, XCJ Cofounder and CEO.