Springdale Ventures, the consumer packaged goods venture capital firm that Dan Graham and Genevieve Gilbreath launched in February, is boosting the size of its first fund to $25 million, up from $20 million.

The partners said it took only six months to reach nearly $20 million.

“We founded Springdale Ventures because we were acutely aware of the gap in strategic funding for early-stage consumer brands both here, in the booming Austin ecosystem, and wider afield,” Gilbreath said in a statement. “Because of rapid commitments from investors, we plan to reach our $25 million goal in the next 90 days.” Read more