Strategy | Financing Highlight
Private Placement / Financing Transactions

Ever/Body: The company raised $55.5 million of Series C venture funding in a deal led by Addition on June 8, 2022. Tiger Global Management, Fifth Wall, Imaginary Ventures, ACME Capital, Declaration Partners, and other undisclosed investors also participated in the round. The company is a provider of beauty treatments for cosmetic dermatology.

Quantum-Systems: The company raised EUR 29.8 million of Series A venture funding in a deal led by Bayern Kapital on June 8, 2022, putting the company’s pre-money valuation at an estimated EUR 221 million. The company is a developer of small commercial unmanned aerial systems designed for aerial survey and 3D reconstruction.

Seed-X: The company raised $10 million of Series A venture funding in a deal led by iAngels on June 9, 2022. NEVA SGR and Champel Capital also participated in the round. The company is a developer of an artificial intelligence seed analysis platform.

Strella Biotechnology: The company raised $8 million of Series A venture funding in a deal led by Millennium Technology Value Partners on June 7, 2022. Yamaha Motor Ventures & Laboratory Silicon Valley, GV, Rich Products Ventures, Catapult Ventures, UNION Labs Ventures and Mark Cuban also participated in the round. The company is a developer of a biosensing platform designed to predict fruit ripeness.

Les Miraculeux: The company raised EUR 5.8 million of venture funding from Aquasourca, DigitalFoodLab and Colombe Investments on June 10, 2022. Mandi Venture, Business Angels, and other undisclosed investors also participated in the round. The company is a provider of healthy gummies intended to offer a food supplement alternative to traditional capsules.

Beauty Bakerie: The company raised $5.1 million of Series C venture funding from New Voices and other undisclosed investors on June 7, 2022, putting the company’s pre-money valuation at $30.3 million. The company is a manufacturer of cosmetics products made from vegan-friendly substances.

Hella Cocktail: The company raised $5 million of venture funding from Uncle Nearest on June 8, 2022. The company is a manufacturer of an alcoholic cocktail beverage.

Apparo: The company raised $3.5 million of Series A venture funding in a deal led by Finistere Ventures and Endeavor 8 on June 6, 2022. Blue Horizon Corporation also participated in the round. The company is a developer of a crop processing technology designed to maximize the yield of available nutrients.

Corvium: The company raised $3.5 million of Series D venture funding from undisclosed investors on June 6, 2022, putting the company’s pre-money valuation at $6 million. The company is a developer of a food risk intelligence software designed to continuously aggregate risk and quality data generated during food production and distribution.

Tahoe Blue Vodka: The company raised $2.6 million of venture funding in the form of convertible debt from undisclosed investors on June 7, 2022. The company produces a unique 3-vodka blend of vodka spirits distilled from grape, corn and sugarcane.

Revivalist Spirits: The company raised $2.2 million of venture funding from undisclosed investors on June 8, 2022. The company is an operator of a distillery intended to produce and sell handcrafted spirits.

Wakuli: The company raised venture funding from Rubio Impact Ventures, ABN AMRO Bank and other undisclosed investors on June 7, 2022. The company is a retailer of fair trade coffee powder and beans.

Cheribundi: The company raised venture funding from Emil Capital Partners on June 6, 2022. The company is a producer of healthy beverages intended to offer organic natural tart cherry-flavored juices.

Steeped Coffee: The company is in the process of raising venture funding in the form of SAFE notes on June 10, 2022. The company is a producer of pre-ground, pre-dosed, pre-filtered specialty coffee.


M&A Transactions

EcoVessel / O2COOL: The company was acquired by O2COOL, a subsidiary of Maurice Sporting Goods, for an undisclosed amount on June 9, 2022. The company is a designer and manufacturer of premium water bottles and food containers intended to reduce the use of single-use plastic bottles and straws.

ForA:Butter / AAK Foodservice: The company was acquired by AAK Foodservice, a subsidiary of AAK, for an undisclosed amount on June 7, 2022. The company is an operator of an organic dairy brand intended to prepare and market plant-based butter via an online store.

MyFresh Prepared Produce / Tuber Group: The company, a subsidiary of William Jackson Food Group was acquired by Tuber Group for an undisclosed amount on June 6, 2022. The company is a producer of fresh vegetables and mixes located in Shefford, England.

NovaDine / Lunchbox: The company was acquired by Lunchbox for an undisclosed amount on June 6, 2022. The company is a developer of digital ordering software intended to bring point of sale, online ordering, mobile presence and call center into one integrated synergized solution.

Syracuse Sausage / Standard Meat Company: The company was acquired by Standard Meat Company for an undisclosed amount on June 7, 2022. The company is a manufacturer of cooked and fresh sausage products intended to serve national restaurant chains, grocery stores and commercial food manufacturers.

The Garden Produce / What Chefs Want!: The company was acquired by What Chefs Want! for an undisclosed amount on June 8, 2022. The company is a retailer of agricultural produce serving chain stores, independent markets, warehouse stores and specialty retailers.

VendEdge / InReach: The company was acquired by InReach, a subsidiary of Sodexo Group, for an undisclosed amount on June 6, 2022. The company is a provider of vending machine solutions based in Roswell, Georgia.

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