Strategy | Financing Highlight
Private Placement / Financing TransactionsPath: The company raised $30 million of Series A venture funding in a deal led by Altos Ventures on September 29, 2022. BlueWaters Investment Group, Hartbeat Ventures, Hammerstone Capital, 1st Course Capital, Guy Fieri, Ryan Seacrest, Kevin Hart and Ninja also participated in the round. The company is a manufacturer of refillable bottles designed to avoid the use of plastic bottles.

Wicked Kitchen: The company raised $20 million of venture funding from Nutra Regenerative Protein, E2JDJ, and Ahimsa VC on September 28, 2022. Woody Harrelson also participated in the round. The company is a producer and publisher of plant-based meat products and recipes intended to increase the use of plants in daily food consumption.

BeatBox Beverages: The company raised $15 million of Series C venture funding in a deal led by Concentric Equity Partners on September 29, 2022, putting the company’s pre-money valuation at $185 million. David Adelman and Samuel Oppong also participated in the round. The company is a producer of alcoholic beverages.

Invers: The company raised EUR 15 million of Series A venture funding in a deal led by IDIA Capital Investissement and Citizen Capital on September 29, 2022. The company is a developer of a circular model designed to produce protein extracted from mealworms for use in animal feed markets.

Blake’s Seed Based: The company raised $7.0 million of venture funding from undisclosed investors on September 27, 2022. The company is a producer of protein bars created to offer clean and allergy-friendly snacking alternatives.

101 Cider House: The company raised $7 million of Series A venture funding in a deal led by Kale Investment Fund on September 29, 2022. Vibrant Ventures and 7 other individual investors also participated in the round. The company is a producer of hard cider from fresh pressed juice with zero sugar, zero carbs, and naturally occuring probiotics.

BOTALYS: The company raised EUR 6.6 million of venture funding from Air Liquide Venture Capital on September 29, 2022. The company is a developer of botanicals intended to explore the full health potential of botanical biodiversity for branded consumer products.

Chubby Snacks: The company raised $3.3 million of venture funding from 444 Capital Fund, Jared Smith, and Jeff Weisberg on September 26, 2022. Jake Kassan, Patrick Schwarzenegger, and Adam Spriggs also participated in the round. The company is a manufacturer of snacks offering a contemporary alternative to traditional sandwiches.

Opopop: The company raised $2.6 million of venture funding from undisclosed investors on September 29, 2022. The company is a producer of flavored popcorn.


M&A TransactionsSt. Louis Franchise / Aegis Brands: The company reached a definitive agreement to be acquired by SLF Operations Limited Partnership, a subsidiary of Aegis Brands for CAD 50 million on September 29, 2022. The company is an operator of a franchised casual dining bar and grill company based in Toronto, Canada.

Dörrwerk / Followfood: The company was acquired by Followfood for an undisclosed amount on September 28, 2022. The company is a producer of healthy snacks intended to save wastage of upcycled fruits and vegetables that would otherwise be discarded.

S Y Foods / Taylors Snacks: The company was acquired by Taylors Snacks for an undisclosed amount on September 27, 2022. The company is a manufacturer and supplier of popcorn based in Sheffield, United Kingdom.

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