Strategy | Financing Highlight
Private Placement / Financing TransactionsFreshRealm: The company raised $200 million of venture funding from undisclosed investors on July 20, 2022. The company is a producer of fresh meals intended to support healthy consumer lifestyles.

Meati Foods: The company raised $150 million of Series C venture funding in a deal led by Revolution/ROTR on July 21, 2022. Chipotle Mexican Grill, Grosvenor Food & AgTech, Canada Pension Plan Investment Board, and Wellington Management also participated in the round. The company is a producer of plant-based food products intended to act as a sustainable alternative to meat.

Chowbus: The company raised $15.2 million of venture funding from undisclosed investors on July 21, 2022. The company is a developer of an online food ordering platform designed to offer authentic Asian food.

Tavour: The company raised venture funding from undisclosed investors on July 20, 2022. The company is an operator of an online marketplace for craft beers.

Hyphen: The company raised an undisclosed amount of venture funding from Chipotle Mexican Grill, Tiger Global Management and Western Technology Investment on July 21, 2022. Lemnos, AgFunder, and other 6 angel investors also participated in the round. The company is a developer of a food technology designed to reduce the cost of fresh food using robotics.

Positive Carbon: The company raised an undisclosed amount of venture funding from Gateway Ventures. on July 21, 2022. The company is a developer of automated waste monitoring solutions intended for food waste management.

Trace Genomics: The company is in the process of raising Series B venture funding on July 20, 2022. The company is a developer of a soil analytics engine designed to offer comprehensive soil biology and chemistry analysis to its clients.


M&A TransactionsVibes Rolling Papers / Undisclosed Investor: The company, a subsidiary of Greenlane Holdings was acquired by an undisclosed investor for $5.3 million on July 19, 2022. The company is a manufacturer and retailer of rolling papers and accessories based in Boca Raton, Florida.

District Coffee / Follow Leisure Group: The company was acquired by Follow Leisure Group for an undisclosed amount on July 18, 2022. The company is an operator of a chain of coffee shops located in Belfast, United Kingdom.

Food Gurus Hawaii / digiVortex: The company, a subsidiary of Harris Agency was acquired by digiVortex for an undisclosed amount on July 20, 2022. The company is a provider of food and beverage marketing services.

Gadusol Laboratories / Arcaea: The company was acquired by Arcaea for an undisclosed amount on July 19, 2022. The company is a developer of non-toxic sunscreen using synthetic biology technology designed to produce natural sunscreen antioxidants found in marine organisms.

Highland Mountain Beverage Service / Primo Water Corporation: The company was acquired by Primo Water Corporation for an undisclosed amount on July 18, 2022. The company is a provider of bottled spring water and coffee service intended for office and residential customers.

Lecoq Cuisine / Bridor Patisserie: The company was acquired by Bridor Patisserie, a subsidiary of Groupe Le Duff, for an undisclosed amount on July 21, 2022. The company is a producer of french pastries based in Bridgeport, Connecticut.

Original New York Seltzer / Entertainment Arts Research: The company was acquired by Entertainment Arts Research for an undisclosed amount on July 19, 2022. The company is a producer of soft drinks using a preservative-free formula and is headquartered in Las Vegas, Nevada.

Primrose’s Kitchen / RollaGranola: The company was acquired by RollaGranola for an undisclosed amount on July 19, 2022. The company is a producer of breakfast cereals intended to provide an organic and fresh substitute to junk food.

Quality Fruit & Vegetable / GrubMarket: The company was acquired by GrubMarket for an undisclosed amount on July 18, 2022. The company is a distributor and supplier of fresh vegetables intended to provide customers with fine and safe quality fruits and vegetables.

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