Consumer Private Placement and M&A Transactions Review Week Ending October 29, 2023

Recover 180: The company raised $29.2 million of venture funding from Accretion Capital and Dhuna Ventures on October 23, 2023. The company is a producer of premium organic hydration sports drinks.

Grubbly Farms: The company raised $8.5 million of venture funding from undisclosed investors on October 25, 2023. The company is a producer of insect-based protein products for feeding poultry and dogs.

FarmInsect: The company raised EUR 8 million of Series A venture funding in a deal led by Sandwater on October 23, 2023. High-Tech Gründerfonds, Bayern Kapital, European Innovation Council Fund, Minderoo Foundation and UnternehmerTUM also participated in the round. The company is a provider of automated insect farming services to grow protein for feeding for chicken, pork and fish.

Popup Bagels: The company raised $8 million of Series A venture funding in a deal led by Stripes on October 24, 2023, putting the company’s pre-money valuation at $33.5 million. Tastemaker Capital Partners, Habitat Partners and other undisclosed investors also participated in the round. The company is an operator of bagel shops with popup and permanent locations.

Earth Brands: The company raised $6.2 million of Series A venture funding in a deal led by Almaz Capital on October 25, 2023, putting the company’s pre-money valuation at $16 million. The company designs and manufactures plant based biodegradable cups that are compostable and carbon neutral.

ONEHOPE: The company raised $3.7 million of venture funding from undisclosed investors on October 23, 2023. The company is an operator of a winery in Napa, California.

Biofluff: The company raised $2.5 million of venture funding from undisclosed investors on October 23, 2023. The company is a manufacturer of plant-based fur intended to replace animal and plastic clothing.

Nucao: The company raised $1 million of venture funding from SevenVentures on October 23, 2023. The company offers a variety of protein shakes and bars made from organic, plant-based ingredients.

Beanvivo: The company raised an undisclosed amount of venture funding from Santatera Capital on October 27, 2023. The company is a producer of plant based, ready-to-eat meals made of organic beans.

Roasting Plant: The company is in the process of raising venture funding in the form of convertible debt on October 25, 2023. The company is a producer of roasted coffee beans and brewed beverages.

Rio Tropical / A.G. Barr: The company was acquired by A.G. Barr for GBP 12.3 million on October 24, 2023. The company is a producer of fruit based beverages.

Champaris / Omer-Decugis: The company was acquired by Omer-Decugis for an undisclosed amount on October 23, 2023. The company is a provider of fruits and vegetables and is based in France.

Dietary Pros / Lallemand: The company was acquired by Lallemand for an undisclosed amount on October 24, 2023. The company specializes in producing capsules, tablets and ready-to-drink powder mixes.

Dr. Mannah’s / Veganz Group: The company was acquired by Veganz Group for an undisclosed amount on October 25, 2023. The company is a producer of milk-alternative products for vegan food.

Kermaree / Cultimer France Producteurs Associes: The company was acquired by Cultimer France Producteurs Associes for an undisclosed amount on October 24, 2023. The company is a producer of seafood products, such as whelks, crabs, mussels and shrimp, for retail brands.

La Route Des Comptoirs / Ricardo group: The company was acquired by Ricardo group for an undisclosed amount on October 23, 2023. The company is a producer of organic teas, ayurvedic infusions and herbalism products based in Le Landreau, France

Mile Hi Bakery / Grupo Bimbo: The company was acquired by Grupo Bimbo for an undisclosed amount on October 26, 2023. The company is an operator of a high-speed, full-capacity bakery and integrated distribution channels.

Mrs. Fields / Pearl Street Equity: The company was acquired by Pearl Street Equity through an LBO on October 25, 2023 for an undisclosed amount. The company bakes and sells specialty cookies, brownies, pretzels, and other baked goods.

PA China Farm / GrubMarket: The company was acquired by GrubMarket for an undisclosed amount on October 24, 2023. The company is a provider of specialty wholesale produce from around the world .

SVB Foods / Home Grown: The company was acquired by Home Grown for an undisclosed amount on October 23, 2023. The company is a manufacturer of dressings and sauces in Martinsburg, West Virginia.

Tipiak / Terrena: The company reached a definitive agreement to be acquired by Terrena for an undisclosed amount on October 27, 2023. Tipiak is a France based company that specializes in prepared foods products, frozen ready-made meals, catering pastry products, grocery products and crusty bread products.

Vita Food Products / SVB Foods: The company was acquired by SVB Food and Beverage for an undisclosed amount on October 23, 2023. The company offers products including sauces, marinades, salad dressings, dessert toppers, syrups and seafood.