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CEO and founder of Uplifting Results Lab, Marc Washington created Muniq — the LA-based, innovative consumer health and food-tech brand — in an effort to inspire more people to regain control of their health. Today, Muniq announced in a press release the closing of a $8.2 million Series A investment round. The round was led by Alpha Edison and Acre Venture Partners, in addition to NBA star, Baron Davis, founder of SimplyProtein, Cathy Richards, and more private equity investors. View this post on Instagram A post shared by Muniq (@muniqlife) “I created Muniq in honor of my late sister, Monica, who suffered from diabetes and other chronic health issues,” said Washington, who also has an extensive background as a health and wellness executive. “It’s always been my aspiration to help people regain control over underlying conditions, with products that can literally transform their health and that actually taste good.” Muniq offers products like nutritional shakes formulated with...
Reebok may soon be owned by two of the hottest names in the sports and entertainment world. According to Forbes, its German sportswear parent company, adidas, plans to offload the household name brand, which was once a cultural icon. Reebok, who has seemingly struggled to grasp the attention of today’s tastemakers and trendsetters, could soon be back in the limelight under the direction of serial entrepreneur, Percy “Master P” Miller, and former NBA All-Star Baron Davis. Currently, the dream team is looking to acquire the company which reportedly has an asking price of about $2.4 billion. View this post on Instagram A post shared by Master P (@masterp) Founded in 1958, Rebook was purchased for $3.8 billion by adidas back in 2005. However, the company reports their book value is down by nearly half of what it was in 2018 — 842 million euros which translate to $995 million. It is now imperative to bring on people like Davis and Miller who not only have a business mindset but have...
