Consumer Private Placement and M&A Transactions Review Week Ending June 22, 2025

Terviva: The company raised $63.9 million of venture funding from Chevron Renewable Energy Group, Idemitsu Kosan and other undisclosed investors on June 18, 2025. The company is an operator of a food and agricultural innovation business, partnering with farmers to grow pongamia, a climate-resilient tree which produces protein- and oil-rich legumes.

Khloud: The company raised $12.5 million of venture funding from Endeavor Group Holdings, Shrug Capital, and Serena Ventures on June 20, 2025. K5 Global, Jessica Bixby, and other undisclosed investors also participated in the round. The company is an operator of a protein covered popcorn snack brand.

Rival Foods: The company raised EUR 10 million of Series B venture funding in a deal led by APG on June 18, 2025. PeakBridge, Pymwymic and ROM Utrecht Region also participated in the round. The company is a producer of plant-based meat products for whole-cut meat and fish alternatives.

Amai: The company raised $4.7 million of venture funding from undisclosed investors on June 18, 2025. The company is a developer of a biodegradable edible cup made from upcycled ingredients.

Fungu’It: The company raised EUR 4 million of venture funding in a deal led by Asterion Ventures on June 17, 2025. UI Investissement and Evolem also participated in the round. The company provides natural, sustainable flavorings for the food industry by using a solid-state fermentation process based on filamentous fungi.

All In: The company raised $4 million of venture funding in a deal led by Obvious Ventures on June 18, 2025. Other undisclosed investors also participated in the round. The company is a producer of snack bars intended to support community nutrition initiatives.

Sunnie: The company raised $2 million of venture funding from InviNext Growth Partners, Fulcrum Collective, and other undisclosed investors on June 18, 2025. The company is a producer of plant-based pre-packaged snacks and lunches.

Saicho: The company raised GBP 1.5 million of venture funding in a deal led by Midven on June 17, 2025. The company is an operator of a non-alcoholic sparkling tea company.

Better Sour: The company raised an undisclosed amount of venture funding from Taste Tomorrow Ventures on June 17, 2025. The company is a producer of plant-based sour gummy candy.

Chex Finer Foods: The company received an undisclosed amount of development capital from Paine Schwartz Partners on June 16, 2025. The company is a distributor of specialty and natural food products intended to serve independent grocery retailers, co-ops, and natural food stores across the East Coast.

Al-Vis / Alfa Fish: The company was acquired by Alfa Fish for an undisclosed amount on June 16, 2025. The company is a seafood distributor providing fresh fish, shellfish, and frozen products

Delafaille / Maestrani: The company was acquired by Maestrani for an undisclosed amount on June 19, 2025. The company is a Belgian chocolate manufacturer known for producing a wide range of pralines, seashells, and cocoa-dusted truffles.

Domaine du Petit Roubié / Cave de Sancerre: The company was acquired by Cave de Sancerre for an undisclosed amount on June 19, 2025. The company is a producer of organic white wine based out of Pinet, France.

Scout Distribution / Hand Family Companies: The company was acquired by Hand Family Companies for an undisclosed amount on June 19, 2025. The company is an operator of a craft beer and wine distribution company.

TNS Food / GoodLife Foods: The company entered into a definitive agreement to be acquired by GoodLife Foods, via its financial sponsor IK Partners, through an LBO on June 16, 2025 for an undisclosed amount. The company is a producer of frozen appetizers croquettes, oven snacks/appetizers and meal components.

Williams Distributors / KDSA Investment Partners: The company was acquired by KDSA Investment Partners and Greyrock Capital Group through an LBO on June 18, 2025 for an undisclosed amount. The company is a distributor of frozen food products intended for regional grocers, convenience stores, and independent retailers.