Strategy | Financing Highlight
Private Placement / Financing Transactions
Weee!: The company raised $425 million of Series E venture funding in a deal led by SoftBank Investment Advisers on February 28, 2022, putting the company’s pre-money valuation at $3.7 billion. Greyhound Capital, XVC, and other undisclosed investors also participated in the round. The company is an operator of an online supermarket intended to offer authentic gourmet delicacies from Asia.
Starship: The company raised $42 million of Series B venture funding in a deal led by NordicNinja VC and Taavet+Sten on March 4, 2022. The company is a developer of self-driving robotic delivery vehicles designed to revolutionize food and package deliveries.
Barr Hill: The company raised $7.8 million of venture funding from undisclosed investors on March 2, 2022. The company is an operator of a craft distillery firm intended to support working landscapes and local agriculture.
Catalina Crunch: The company raised $4.4 million of venture funding from undisclosed investors on March 2, 2022. The company is a producer of keto-friendly food products intended to provide healthier foods that are accessible and convenient for a variety of lifestyles.
Balmaghie Beverage Group: The company raised venture funding from undisclosed investors on March 3, 2022. The company is an operator of a craft beverage company that provides heirloom varieties of small-batch, straight, and blended whiskeys.
Mi Terro: The company raised venture funding in a deal led by Astanor Ventures on March 4, 2022, putting the company’s pre-money valuation at $8.5 million. The company is a manufacturer of eco-friendly t-shirts intended to offer comfortable and leading performance shirts for travel, outdoors, and everyday use.
Nowadays: The company raised venture funding from undisclosed investors on March 2, 2022. The company is a producer of plant-based meat.
Unrooted: The company raised venture funding from undisclosed investors on February 28, 2022, putting the company’s pre-money valuation at GBP 3.5 million. The company is a producer of beverages made with Africa’s ancient ingredients.
Crossover Quality Meats: The company raised venture funding on March 1, 2022. The company is a provider of natural ground meat based in Austin, Texas.
XFrost: The company raised an undisclosed amount of venture funding from Legendary Ventures on March 4, 2022. The company is a producer of high protein ice cream.
M&A Transactions
40 Kola / Polar Krush: The company was acquired by Polar Krush for an undisclosed amount on February 28, 2022. The company is a producer of carbonated drinks based in Newcastle Upon Tyne, United Kingdom.
AVID Cider Co / Blake’s Hard Cider: The company reached a definitive agreement to be acquired by Blake’s Hard Cider for an undisclosed amount on March 1, 2022. The company is an operator of a cider company that produces and supplies sweet ciders.
Bbot / DoorDash: The company reached a definitive agreement to be acquired by DoorDash for an undisclosed amount on March 2, 2022. The company is a developer of smart ordering technology for bars, restaurants, and hotels intended to streamline food and beverage operations.
Beau’s All Natural Brewing Company / Steam Whistle Brewing: The company was acquired by Steam Whistle Brewing for an undisclosed amount on March 1, 2022. The company is an operator of a natural brewery based out of Vankleek Hill, Canada.
Château Sainte-Marguerite / Pernod Ricard: The company reached a definitive agreement to be acquired by Pernod Ricard for an undisclosed amount on March 2, 2022. The company is a producer of wines located in La Londe-Les-Maures, France.
Dawnfresh Seafoods / Associated Seafoods: The Arbroath Facility of Dawnfresh Seafoods was acquired by Associated Seafoods for an undisclosed amount on March 1, 2022. The company is a supplier and processor of seafood.
Evenlode Foods / IMCD: The company was acquired by IMCD for an undisclosed amount on March 3, 2022. The company is a distributor of specialty food and beverages intended to serve the beverage, bakery, nutrition, savory, and dessert markets.
Expressions / Snipes Textil: The company was acquired by Snipes Textil for an undisclosed amount on March 3, 2022. The company is a retailer of urban fashion brands for men, women, and kids.
Golden Star Trading / LT Foods North America: The company was acquired by LT Foods North America for an undisclosed amount on March 3, 2022. The company is a producer and supplier of rice products based in California, United States.
Them That Can / Bevcraft: The company was acquired by Bevcraft for an undisclosed amount on March 1, 2022. The company is a provider of mobile canning services for the beverage market.
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Silverwood Partners Team
Jonathan Hodson-Walker
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T: 508-651-2194
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Managing Director
T: 508-651-2194
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