Consumer Private Placement and M&A Transactions Review Week Ending November 27 2022

Modern Milkman: The company raised GBP 38.6 million of venture funding in a deal led by Insight Partners and ETF Partners on November 22, 2022, putting the company’s pre-money valuation at GBP 345.8 million. Avery Dennison, Praetura Ventures and other undisclosed investors also participated in the round. The company is a provider of grocery delivery services intended to reduce the use of plastic.

Farmy: The company raised CHF 15.2 million of Series E venture funding from Gregory Gerhardt and other undisclosed investors on November 23, 2022, putting the company’s pre-money valuation at CHF 30.1 million. The company is an operator of an online grocery marketplace intended to help local and organic food producers.

Andes: The company raised $15 million of Series A venture funding from undisclosed investors on November 22, 2022. The company is a developer of biotechnology designed to accelerate crop growth, reduce the need for synthetic nitrogen, increase carbon capture in soil, and tackle climate change.

Stuffed Puffs: The company raised $15 million of venture funding through a combination of debt and equity from undisclosed investors on November 21, 2022. The company is a producer of marshmallows and smores filled with various ingredients.

MyLand: The company raised $12 million of Series B venture funding in a deal led by Waterpoint Lane and The Borden Family Foundation on November 21, 2022. The company is a provider of a soil fertility improvement system.

Circus: The company raised an estimated EUR 11 million of venture funding from BlackMars Capital, 2bx and WestTech Ventures on November 24, 2022. Lea-Sophie Cramer, Verena Pausder, Gunnar Berning and other undisclosed investors also participated in the round. The company is a developer of a fresh food delivery application based in Germany.

Wildtype: The company raised approximately $7 million of venture funding from SK Holdings Company on November 26, 2022. The company is an operator of a cellular agriculture company intended to offer clean fish and meat.

Nourished: The company raised GBP 5 million of venture funding from undisclosed investors on November 24, 2022. The company is a manufacturer of 3D-printed gummy vitamins.

BIGH: The company raised EUR 2.2 million of venture funding from undisclosed investors on November 21, 2022, putting the company’s pre-money valuation at EUR 4.8 million. The company is an operator of urban aquaponic farms intended to offer a combination of fish farming and hydroponics services.

Better Nature: The company raised venture funding from the Seedrs & Global Entrepreneurship Centre and other undisclosed investors on November 22, 2022. The company is a producer of plant-based protein products for a vegan diet.

Better Rhodes: The company raised venture funding from undisclosed investors on November 21, 2022. The company is a retailer of alcohol-free premium beverages for delivery at the doorstep through a subscription model.

St. Louis Franchise / Aegis Brands: The company was acquired by SLF Operations Limited Partnership, a subsidiary of Aegis Brands for CAD 50 million on November 21, 2022. The company is an operator of a franchised casual dining bar and grill concept based in Toronto, Canada.

BZ Group / Bunge: Bunge reached a definitive to acquire a 49% stake in the company for an undisclosed amount on November 22, 2022. The company is a distributor and supplier of grain and other food products based in Petit-Couronne, France.

Dalex Livestock Solutions / Ever.ag: The company was acquired by Ever.ag, a subsidiary of Dairy.com, for an undisclosed amount on November 22, 2022. The company is a provider of advanced feed ration formulation services intended for the livestock industry.

Fertimix / Grupo Fertiberia: The company entered into a definitive agreement to be acquired by Grupo Fertiberia, via its financial sponsor Triton, through an LBO on November 23, 2022 for an undisclosed amount. The company is a manufacturer of custom fertilizer intended to serve the retail and wholesale market.

Lovechock / Pauwels Engineering: The company was acquired by Pauwels Engineering for an undisclosed amount on November 25, 2022. The company is a producer of organic raw chocolate bars.

MamaBear Foods / Ballymaloe Foods: The company was acquired by Ballymaloe Foods for an undisclosed amount on November 21, 2022. The company is a producer of healthy family condiments and snacks.

MTC Distributing / Harbor Wholesale Foods: The company was acquired by Harbor Wholesale Foods for an undisclosed amount on November 22, 2022. The company is an operator of a distribution business intended to provide groceries, tobacco, frozen foods, candy and other goods.

Swig / The Larry H. Miller Company: The company was acquired by The Larry H. Miller Company from Four Foods Group for an undisclosed amount on November 22, 2022. The company is an operator of franchised soda fountain quick-serve outlets principally in Utah and Arizona.