Top 10 Food Products and Beverages Capital Raises in the U.S. – December 1st-15th, 2024
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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- Enzymedica, producer of enzyme-based food supplements intended to provide targeted support for digestive issues, received development capital from Venture Capital Fund of America.
Merger/Acquisition and Corporate
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- Toad-Ally Snax, manufacturer of food products based in Bristol, Pennsylvania, was acquired by Weaver Nut Company. This acquisition enables Weaver Nut Company for expanding our manufacturing capabilities and thus exciting new products lineup.
- WECO, provider of a private chef and meal delivery service intended to spread joy and comfort through food, was acquired by Feast & Fettle.
Buyout/LBO
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- Voortman Cookies, operator of a bakery based in Burlington, Canada, was acquired by Second Nature Brands, via its financial sponsor CapVest Partners, through a $305 million LBO.
Later Stage VC
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- immi, producer of food products intended to offer low-net carb and high-protein instant ramen, raised $3 million of venture funding.
- Juicy Marbles, producer of plant-based meat intended to provide vegan-based products, raised venture funding from Feelsgood Capital Partners.
- ModifyHealth, provider of personalized diet-focused meal services intended to make food as medicine simple and sustainable, raised $13.5 million of Series C venture funding in a deal led by Dohmen.
Early Stage VC
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- SIMPLi, operator of a regenerative food brand intended to supply nutrient-dense, delicious food products at an affordable price, raised venture funding from Elemental Impact.
Angel, Seed, and Grant
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- Chomp!, producer of plant-based chocolates intended to create milk chocolate without using cow milk, raised $73,500 of angel funding.
- Khloud, producer of popcorn and snacks based in Los Angeles, United States, raised $4.5 million through a combination of Seed, and Seed-1 funding.
#castleplacement #capitalraising #privateequity #venturecapital #investment #FoodProductsandBeverages
Julio Zamora
Managing Director
Over 25 years of experience in capital markets and asset management, working for global banks and boutique firms, managing portfolios, allocating assets, analyzing companies, and as a CFO. II ranked equity analyst at Morgan Stanley and UBS. Led the investment team at the Torrey Funds. Director of Mexico Research and Latin America Equity Strategist at Citibank Research. B.S. in Economics from Anahuac University. MIA in International Finance from Columbia University's School of International and Public Affairs, where he was a Fulbright scholar. FINRA Series 7 and 66 licenses.
- Email: jzamora@castleplacement.com
- (C) (917) 331-0159
 Julio ZamoraManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: jzamora@castleplacement.com
(C) (917) 331-0159
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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.
