Top 10 Food Products and Beverages Capital Raises and Investors in the U.S. – November 16th – December 31st, 2025
Several interesting transactions closed in the Food Products and Beverages sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
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- Angie’s Boomchickapop, popcorn packaged food products that provides convenient snack options for retail and consumer markets, received development capital from Knox Lane.
- Hot Box Pretzels, snack food products that serves individual consumers and corporate customers, received development capital from Founders Row.
Merger/Acquisition
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- Chocolove, premium chocolates that provides handmade artisanal confectionery products for everyone, was acquired by Alfred Ritter.
- LesserEvil, organic and sustainable snacks that makes healthier, less processed, earth-friendly snacking accessible to everyone, was acquired by The Hershey for an estimated $750 million.
Later Stage VC
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- Artisan Tropic, plantain and cassava snacks that delivers healthier, clean-ingredient snacking options, raised venture funding from Dux Capital.
- GoodBelly, probiotic drinks and food products that offers scientifically substantiated health benefits, raised $10 million of Series 3-B venture funding led by Emil Capital Partners.
- Zing Bars, energy snack bars that offers various food products with definite nutritional value, raised $1.28 million of venture funding.
- BlueNalu, cell-cultured seafood that creates real products directly from fish cells, raised $6.6 million of venture funding from Agronomics.
Angel and Seed
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- Benny ( Beverages), functional energy beverages for everyday use and formulated to offer an alternative to conventional caffeinated drinks, raised $200,000 of angel funding.
- Bonappa Beverages, functional beverages for health and wellness nutrition purposes, raised seed funding from LvlUp Ventures.
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Douglas Jendras
Managing Director
Finance and operations executive with broad experience in private and public companies, including emerging ventures. 20 years in telecommunications industry including leadership role positioning restructured company for multi-billion dollar transaction, negotiating agreements, and overseeing due-diligence for merger and acquisition opportunities. 10 years managing investments in real estate and technology while consulting companies in telecommunications, technology, real estate, healthcare, construction and intellectual property. MBA in Finance from Pace University and BA in Psychology from State University of New York at Albany. FINRA Series 7, 63, 79 licenses.
- Email: djendras@castleplacement.com
- (C) (203) 501-7667
 Douglas JendrasManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: djendras@castleplacement.com
(C) (203) 501-7667
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement® does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
