Consumer Private Placement and M&A Transactions Review Week Ending February 5 2023

Rebellyous Foods: The company raised $20 million of Series B venture funding from undisclosed investors on February 3, 2023, putting the company’s pre-money valuation at $50 million. The company is a producer of plant-based meat intended to serve the food service market, retail, and QSRs to replace animal-based meat on a large scale.

Hoplark: The company raised $19.7 million of venture funding in the form of convertible debt from undisclosed investors on January 30, 2023. The company is a producer of non-alcoholic craft beverages intended to offer the flavor of hops but without the alcohol or calories.

Firebrand Artisan Breads: The company raised $7.2 million in Series A venture funding from Candide Group and other undisclosed investors on January 30, 2023, putting the company’s pre-money valuation at $7 million. The company is a producer of baked products specializing in hand-crafted, artisinal bread and pastries.

Breadless: The company raised an undisclosed amount of venture funding from RareBreed Ventures in February 2023. The company is an operator of restaurants intended to offer healthy dining alternatives without any bread.

Cann-Ade: The company raised an undisclosed amount of venture funding from Startup Warrior in February 2023. The company is a producer of an organic beverage hemp-infused beverage.

E-TERRY: The company raised an undisclosed amount of venture funding in a deal led by bm-t Beteiligungsmanagement Thuringen on January 30, 2023. FutureWork Verwaltungsgesellschaft, Christoph Ratke, and Thomas Gnefkow also participated in the round. The company is a manufacturer and designer of autonomous farming robots intended for sustainable agriculture at scale.

Konscious: The company raised an undisclosed amount of venture funding from Zynik Capital on February 1, 2023. The company is a provider of plant-based seafood intended for restaurants, caterers, cafeterias and other commercial kitchens.

Nairn’s Oatcakes: The company raised an undisclosed amount of venture funding from Acorn Group in February 2023. The company is a producer of sweet and savory gluten-free oatcakes.

Nutramaize: The company raised an undisclosed amount of venture funding from Elevate Ventures in February 2023. The company is a producer of non-GMO corn.
Tru: The company is in the process of raising $6.5 million of Series A venture funding. The company is a producer of functional beverages intended to offer energy, focus, and refreshment.

Zordi: The company raised an undisclosed amount of venture funding from Korea Development Bank on February 1, 2023. The company is an operator of modular and autonomous greenhouses designed to produce sustainably grown fruits and vegetables.

Lees Foods / Finsbury Food Group: The company was acquired by Finsbury Food Group for GBP 5.7 million on January 30, 2023. The company is a manufacturer of confectionery and meringues intended for adults and children.

&ever / Growy: The company was acquired by Growy for an undisclosed amount on February 1, 2023. The company is an operator of vertical farms intended to cultivate pesticide-free plants indoors.

Chicco di Caffè / WISAG Dienstleistungsholding: The company was acquired by WISAG Dienstleistungsholding for an undisclosed amount on January 30, 2023. The company is an operator of a chain of coffee bars based in Munich, Germany.

FBSciences / Valent Biosciences: The company was acquired by Valent Biosciences, a subsidiary of Sumitomo Chemical Company, for an undisclosed amount on January 30, 2023. The company is a developer of a plant healthcare technology designed to improve crop yield and quality.

Hot Chicken Takeover / Untamed Brands: The company was acquired by Untamed Brands for an undisclosed amount on February 2, 2023. The company is an operator of a chain of fast food restaurants intended to build a community around long shared tables.

Koala Labs / Chowly: The company was acquired by Chowly for an undisclosed amount on February 1, 2023. The company is a developer of an application creation platform designed for restaurants to offer digital ordering.

Lifetime Vintage / Convive Wine and Spirits: The company was acquired by Convive Wine and Spirits for an undisclosed amount on February 2, 2023. The company is an operator of a wine marketplace catering to corporate, large groups and individuals.

Mallow & Marsh / The Serious Sweets Company: The company was acquired by The Serious Sweets Company for an undisclosed amount on February 3, 2023. The company is a producer of marshmallow bars based in London, United Kingdom.

Mauler & Cie / Undisclosed Investor: The company was acquired by a group of private investors for an undisclosed amount. The company is a producer of sparkling wine using the traditional champagne method based in Neuchâtel, Switzerland.

Nunhems / Sudwestsaat: The company, a subsidiary of BASF, was acquired by Südwestdeutsche Saatzucht for an undisclosed amount on January 31, 2023. The company is a provider of processing advice and vegetable seeds in Netherlands.

Sustainable Harvest Coffee Importers / Sucafina: The company was acquired by Sucafina for an undisclosed amount on February 1, 2023. The company is a distributor and importer of green coffee intended to serve smallholder coffee farmers and coffee cooperatives.

Tule / CropX: The company was acquired by CropX for an undisclosed amount on January 31, 2023. The company is a developer of an automated irrigation management platform designed to offer site-specific irrigation recommendations to clients.