Consumer Private Placement and M&A Transactions Review Week Ending March 24, 2024

PowerPollen: The company raised $8.6 million of venture funding from undisclosed investors on March 20, 2024. The company is a developer of pollination systems designed to help preserve and enhance crop productivity.

Mama Foods: The company raised $5.3 million of venture funding from FJ Labs and other undisclosed investors on March 20, 2024. The company is a manufacturer of macrobiotic and vegetarian food products.

Inalve: The company raised EUR 4.7 million of venture funding in a deal led by Seventure Partners and Bpifrance on March 19, 2024. The company is a producer of microalgae on biofilm.

Kudo: The company raised $2.1 million of venture funding from undisclosed investors on March 18, 2024. The company is a provider of protein-based snack foods.

Lumen: The company is in the process of raising an undisclosed amount of venture funding in the form of convertible debt as of March 21, 2024. The company is a producer of hemp elixirs.

Andean Sun Produce / San Miguel AGICI y F: A minority stake in the company was acquired by San Miguel AGICI y F for an undisclosed amount on March 19, 2024. The company’s product offerings include fruits, vegetables and other food products, based in Swedesboro, New Jersey.

Beetnut / Unknown Investor: The company was acquired for an undisclosed amount on March 20, 2024. The company is an operator of a vegan restaurant.

Coppa Cocktails / Destilerías MG: The company, a subsidiary of Toorank International Spirits was acquired by Destilerías MG for an undisclosed amount on March 19, 2024. The company is a producer of ready-to-drink alcoholic beverages based in Amsterdam, Netherlands.

Goli Nutrition / Unknown Investor: The company reached a definitive agreement to be acquired for an undisclosed amount on March 19, 2024. The company is a producer of nutritional products and supplements.

Man Vs. Fries / Virtual Dining Concepts: The company was acquired by Virtual Dining Concepts for an undisclosed amount on March 18, 2024. The company is an operator of a restaurant brand based in Oakland, California.

Mother Raw / 80 Acres Farms: The business division of Mother Raw was acquired by 80 Acres Farms, via its financial sponsors General Atlantic, BeyondNetZero, Blue Earth Capital, eGateway Capital, Taurus Ventures, and other investors through an LBO on March 19, 2024 for an undisclosed amount. The company is a producer of salad dressing products.

Southern Champion / Sazerac: The company reached a definitive agreement to be acquired by Sazerac for an undisclosed amount on March 20, 2024. The company is a producer of ready-to-drink, gluten-free beverage products.

Vero Sweet Presents / Holland Foodz: The company was acquired by Holland Foodz for an undisclosed amount on March 19, 2024. The company is a manufacturer and supplier of candy based in Waalwijk, Netherlands.

EeBria / Beer52: The company was acquired by Beer52 for an undisclosed amount on March 20, 2024. The company is an operator of an online marketplace for craft alcoholic drinks.