Consumer Private Placement and M&A Transactions Review Week Ending May 15 2022

Full Harvest: The company raised $28 million of Series B venture funding in a deal led by TELUS Ventures on May 11, 2022. Japan Airlines Company, Rabo Investments, Spark Capital, Rethink Capital Partners, Portfolia, Astia, Sandbox Industries, Radicle, Stardust Equity, Citigroup and Doon Capital also participated in the round. The company is a provider of an online food distribution marketplace intended to improve sustainability for surplus and imperfect produce.

Renu Robotics: The company closed on $20 million of an undisclosed targeted amount of venture funding on May 11, 2022. The company is a manufacturer of autonomous tractors created to promote renewable energy and clean technology.

Cloud Agronomics: The company raised $18 million of venture funding from undisclosed investors on May 11, 2022. The company is a developer of a remote sensing technology designed to power actionable, real-time farm management insights.

Sencrop: The company raised $18 million of Series B venture funding in a deal led by Jerusalem Venture Partners on May 10, 2022. Demeter Partners, NCI Gestion, IRD Management, EIT Food, Telos Impact | Stellar Impact and Bpifrance also participated in the round. The company is a developer of a weather technology designed for real-time farm monitoring.

Aavrani: The company raised $7 million of Series A venture funding in a deal led by Skara Ventures on May 10, 2022. The company is an operator of a luxury skincare brand intended to offer women beauty products inspired by ancient rituals.

Apparo: The company raised $2 million of venture funding from undisclosed investors on May 13, 2022. The company is a developer of a food processing technology designed to process crops in order to maximize the yield of available nutrients.

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Naturevan Nutrition / ScreenPro Security: The company was acquired by ScreenPro Security for CAD 2.2 million on May 11, 2022. The company is a manufacturer of natural health and wellness supplements.

BerkShore Seafood / Wulf’s Fish: The company was acquired by Wulf’s Fish for an undisclosed amount on May 11, 2022. The company is a wholesaler of seafood items based in Holyoke, Massachusetts.

MI Pulpe / Infrax Systems: The company reached a definitive agreement to be acquired by Infrax Systems, a subsidiary of CryptoCurrency (virtual Currency), for an undisclosed amount on May 11, 2022. The acquisition is expected to close in July 2022. The company is a distributor of food and beverage products intended to cater to the Latin American segment.

Notables / ES Foods: The company was acquired by ES Foods for an undisclosed amount on May 11, 2022. The company is a provider of school meal kits.

Revalyu Resources / Heraeus Holding: The company was acquired by Heraeus Holding for an undisclosed amount on May 10, 2022. The company is a manufacturer of high-quality esters from post-consumer PET bottles using its proprietary and fully patented ReNEW technology.

TNT Crust / General Mills: The company reached a definitive agreement to be acquired by General Mills for an undisclosed amount on May 11, 2022. The company is a producer of frozen pizza crusts intended for regional and national pizza chains, foodservice distributors and retail outlets.

Vega Produce / GrubMarket: The company was acquired by GrubMarket for an undisclosed amount on May 10, 2022. The company is a retailer of food and vegetable products, and imports, packs, and distributes specialty produce.

Zoup! Eatery / WOWorks: The company was acquired by WOWorks for an undisclosed amount on May 12, 2022. The company is an operator of a fast-casual restaurant chain intended to offer premium and proprietary soups.