Strategy | Financing Highlight

Private Placement / Financing Transactions

KoRo: The company raised EUR 50 million of venture funding from HV Capital, Five Seasons Ventures, and Partech on March 15, 2022. The company is a retailer of food products based in Berlin, Germany.

iUNU: The company raised $31.6 million through a combination of debt and Series B venture funding in a deal led by Lewis & Clark AgriFood on March 16, 2022, putting the company’s pre-money valuation at $45 million. Ceres Partners, Serra Ventures, S2G Ventures, Grace Stanat, and Astanor Ventures also participated in the round. The company is a developer of a comprehensive greenhouse management platform designed to connect plants, facilities, and people through a single interface.

AgVend: The company raised $13.7 million of venture funding from undisclosed investors on March 16, 2022. The company is a developer of an agricultural product-based e-commerce platform designed to simplify the process of ordering crop input products and services online.

Flummox: The company raised EUR 11.8 million of venture funding in a deal led by Fasanara Capital on March 14, 2022. Stefano Pardi and Raffaele Terrone also participated in the round. The company is an operator of an online brand accelerator intended to acquire promising eCommerce brands and accelerate them into growth businesses.

Aavrani: The company raised $9.9 million of venture funding from undisclosed investors on March 17, 2022. The company is an operator of a luxury skincare brand intended to offer women beauty products that are inspired by ancient rituals.

Milestone Brands: The company raised $5 million of venture funding from undisclosed investors on March 15, 2022. The company is a producer of flavored alcoholic beverages and spirits.

Wandering Bear: The company raised $5 million of venture funding from undisclosed investors on March 14, 2022. The company is a manufacturer of strong, organic coffee sold as cold brew, in pods and in bags.

Aker Technologies: The company raised $2.4 million of venture funding from undisclosed investors on March 17, 2022. The company is a provider of smart technology crop diagnostic services intended to improve the profitability and sustainability of farm operations.

4P Foods: The company raised $2.3 million of venture funding from undisclosed investors on March 14, 2022. The company is an operator of an online marketplace and food distributor intended to bring quality, fresh food from farm to table.

New School Tacos: The company raised venture funding from Inter Invest Capital and FoodXpert on March 18, 2022. The company is an operator of a restaurant chain intended to offer a variety of snacks.

Wild Alaskan: The company raised convertible debt financing from undisclosed investors on March 16, 2022. The company is an operator of a food business intended to connect people to healthy, sustainable, and wild seafood.

Tolago: The company raised convertible debt funding from undisclosed investors on March 14, 2022. The company is a producer of hard seltzer beverages.


M&A Transactions

Cause Water / Golden Grail Technology: The company was acquired by Golden Grail Technology for an undisclosed amount on March 15, 2022. The company is a producer of spring water focused on plastic reduction and ocean preservation.

Ceautamed Worldwide / Smart for Life: The company reached a definitive agreement to be acquired by Smart for Life for an undisclosed amount on March 15, 2022. The company is a producer and distributor of nutritional wellness products based in Florida, United States.

D’Haeze / Beko Groothandel: The company was acquired by Beko Groothandel for an undisclosed amount on March 15, 2022. The company is a wholesaler of bakery ingredients based in Gavere, Belgium.

Funky Brands Drinks / Bay Drinks Group: The company was acquired by Bay Drinks Group for an undisclosed amount on March 16, 2022. The company is a distributor and supplier of innovative and quality alcoholic beverage products.

Maui Jim / Kering Eyewear: The company reached a definitive agreement to be acquired by Kering Eyewear for an undisclosed amount on March 14, 2022. The company is a manufacturer of fashion and sport sunglasses.

Qi Mushrooms / Vibe Mushrooms: The company was acquired by Vibe Mushrooms for an undisclosed amount on March 16, 2022. The company is a provider of medicinal mushroom products.

Tradesy / Vestiaire Collective: The company was acquired by Vestiaire Collective for an undisclosed amount on March 15, 2022. The company is a provider of an online peer-to-peer marketplace intended to offer women’s luxury and designer fashion products.

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