Announced
Synopsis
CAVU, a venture capital firm, led a $30m Series B round in Recess, a company specializing in the creation and sale of calming products, with participation from Rocana, Midnight Ventures, Torch Capital, Doehler Ventures and Vanquish. “There’s a $25 billion-plus energy drink market in the US built on stimulation, and we believe there needs to be a counterweight built on relaxation. Recess is the restorative alternative consumers are seeking, providing functional beverages that put mental wellness and balance first. Recess isn’t about powering through the day — it’s about being more mindful within it. We’re thrilled to partner with Ben and the team to help scale Recess from category pioneer to the definitive household name in modern relaxation,” Jared Jacobs, CAVU Partner.
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