Consumer Private Placement and M&A Transactions Review Week Ending July 6, 2025

Terrana Biosciences: The company raised $50 million of venture funding from Flagship Pioneering on July 2, 2025. The company is a developer of an RNA-based agricultural platform developing solutions for enhancing and protecting crop traits in agriculture.

NuCicer: The company raised $13.78 million of Series A venture funding from Leaps by Bayer, Stray Dog Capital, and Kale United on June 30, 2025. Better Ventures and other undisclosed investors also participated in the round. The company is an agri-food technology business developing ultra-high protein chickpeas by leveraging the biodiversity of wild chickpea relatives.

Beli: The company raised $12 million of venture funding from Thrive Capital and Y Combinator on July 5, 2025. The company is an operator of a restaurant discovery and list-keeping application designed to help users find restaurant recommendations.

Bagels & Co.: The company raised $5 million of venture funding from Feenix Venture Partners and other undisclosed investors on June 30, 2025. The company is an operator of a cafe chain intended to provide Brooklyn-style bagels and a wide variety of house-made cream cheeses.

Tonic Nutrition: The company raised GBP 2.8 million of Series A venture funding from Tom Singh, Nigel Wray and other undisclosed investors on July 1, 2025. The company is an operator of a health drink brand that provides natural, high-dose vitamin drinks and supplements.

Crossover Meats: The company entered into a definitive agreement to receive $2.3 million of development capital from undisclosed investors on July 1, 2025. The company is a manufacturer of blended ground meat products.

Alec’s Ice Cream: The company raised an undisclosed amount of venture funding from Outlaw Ventures in July 2025. The company is a producer of organic ice cream products.

American Foods Group: The company received an undisclosed amount of development capital from Dean & Dean Capital Group Corporation in July 2025. The company is a producer of meat products based in Green Bay, Wisconsin.

Aspyre Foods: The company raised an undisclosed amount of venture funding from Launch Africa Ventures in July, 2025. The company is a developer of a molecular farming operation focused on producing dairy proteins, specifically casein, using duckweed.

Hudson Harvest: The company raised an undisclosed amount of venture funding from Outlaw Ventures in July 2025. The company is an operator of a local farm products distribution business.

Indianapolis Fruit Company: The company received an undisclosed amount of development capital from Outlaw Ventures in approximately July 2025. The company is a regional distributor of fresh fruits and vegetables in the Midwest.

Neofarm: The company raised an undisclosed amount of venture funding through a combination of debt and equity from Neopharm Group, FAMM Group and TechnoFounders on July 3, 2025. Duval Ventures also participated in the round. The company is an operator of an an AgTech platform that develops IoT solutions for agriculture to provide accurate information about the weather and productivity.

Olo / Thoma Bravo: The company entered into a definitive agreement to be acquired by Thoma Bravo through a $2 billion public-to-private LBO on July 3, 2025. Olo Inc is a B2B SaaS company that develops digital ordering and delivery programs for restaurants.

Thrifty Ice Cream / Hilrod Holdings: The company, a subsidairy of Rite Aid reached a definitive agreement to be acquired by Hilrod Holdings for $19.2 million on June 30, 2025. The company is a distributor of premium ice cream products based in El Monte, California.

Brew Tea Co. / Luxmi Group: The company was acquired by Luxmi Group for an undisclosed amount on July 1, 2025. The company is a producer and retailer of tea and tea products headquartered in Manchester, United Kingdom.

Brixx Wood Fired Pizza + Craft Bar / Thin Crust Managers: The company received an undisclosed amount of financing from Thin Crust Managers in July 2025. The company is an operator of a casual dining restaurant chain known for its wood-fired pizzas and craft beer selection.

Bubbies Ice Cream / Marubeni: The company was acquired by Marubeni for an undisclosed amount on June 30, 2025. The company is a producer of homemade ice cream and dessert foods, specifically mochi products, based in Phoenix, Arizona.

Bunge / Grain Craft: The corn milling business of Bunge Global was acquired by Grain Craft, via its financial sponsor Redwood Holdings, through an LBO on July 1, 2025 for an undisclosed amount. The company is an operator of North America dry corn and corn masa milling businesses that includes former Bunge facilities in Danville, Illinois; Worthington, Indiana; Crete, Nebraska; Red Oak, Iowa; Muleshoe, Texas; Atchison, Kansas; and Queretaro, Mexico.

Crux Agribotics / VDL Groep: The company, a subsidiary of Kind Technologies was acquired by VDL Groep for an undisclosed amount on July 3, 2025. The company develops, delivers, and supports automatic grading, sorting, and packing robotics with vision and machine/deep learning software.

Dilepix / Innoval: The company was acquired by Innoval for an undisclosed amount on July 1, 2025. The company is a developer of image analysis software designed to monitor animals and crops remotely.

Elbfrost / NPM Capital: The company entered into a definitive agreement to be acquired by NPM Capital and its management through an LBO on June 30, 2025 for an undisclosed amount. The company is a wholesaler and logistics provider specializing in frozen products for commercial kitchens.

Finnebrogue / Sofina Foods: The company was acquired by Sofina Foods for an undisclosed amount on June 30, 2025. The company is a producer of meat-based food products, specifically nitrite-free bacon, based in Downpatrick, United Kingdom.

Mountain High / Groupe Lactalis: The company, a subsidiary of General Mills was acquired by Groupe Lactalis for an undisclosed amount in June 30, 2025. The company is a producer of yogurt and other milk products catering to the Western United States.

Münsterland J. Lülf / Kerga Group: The company was acquired by Kerga Group for an undisclosed amount on July 1, 2025. The company is a producer of non-carbonated energy drinks and milk drinks.

SuperNature / Foodyssey: The company was acquired by Foodyssey for an undisclosed amount on July 2, 2025. The company is a producer of organic and natural granolas.

Swastik International / Sandea: The company reached a definitive agreement to be acquired by Sandea for an undisclosed amount on July 2, 2025. The company is a manufacturer and exporter of agricultural products and spices.

The Famous Grouse / William Grant & Sons: The company, a subsidiary of The 1887 Company, was acquired by William Grant & Sons for an undisclosed amount on July 1, 2025. The company is a producer of premium whiskey based in the United Kingdom.

Van De Kamp’s / High Liner Foods: The company, a subsidiary of Conagra Brands, was acquired by High Liner Foods for $55 million on June 30, 2025. The company is a producer of frozen seafood products.