Apothékary Raises $16M for Retail and Product Expansion

Herbal tincture brand Apothékary secured $16 million in Series A funding ($10M VC, $6M debt) to fuel its retail expansion and new product development. Co-founder and CEO Shizu Okusa noted that Apothékary is seeing 80% repeat customers and a low customer acquisition cost. This cash influx positions them to scale their herbal remedies, which promise targeted benefits like stress relief and improved sleep.