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How much venture capital did Juicero receive?

  • $50 million

  • $120 million

  • $200 million

  • $80 million

Answer

Juicero, a company that sold a $400 juicer and juice packs, raised $120 million in venture capital funding. Despite the significant investment, the company failed to gain traction in the market and ceased operations in 2017. The high cost of the juicer and juice packs, as well as the availability of cheaper and more convenient alternatives, contributed to Juicero's downfall.
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