Top 10 Food Products and Beverages Capital Raises in the U.S. – November 16th-30th, 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.
Merger/Acquisition
- Cruz Blanca Brewery, producer of craft beers intended to capture Mexico’s vibrant spirit and flavors, acquired by Molson Coors Beverage Company.
- Bozal Mezcal, producer of mezcal spirits based in Sonoma, California, acquired by Maguey Spirits.
- Dancing Goats Coffee, producer of artisan coffee intended to deliver a rich and satisfying flavor experience, acquired by Dillanos Coffee Roasters.
- Pettaway Coffee, provider of coffee products designed to serve the community, acquired by Daisy Pastry Shoppe.
Later Stage VC
- Capital Provisions, operator of a food service company intended to offer businesses a variety of vending options, raised $12 million of venture funding.
- Still Austin Whiskey, producer of a craft whiskey distillery intended to provide various types of drinks, raised $18.66 million of venture funding.
Early Stage VC
- Marzae Wines, operator of a distillery company intended to produce a variety of wines and co-ferments, raised $178,000 of venture funding.
- Tiiga, producer of electrolyte drink mix intended for easily digested hydration, raised $485,000 of venture funding from Husker Venture Fund and Invest Nebraska.
Accelerator/Incubator
- Origami Sake, producer of spirits and wine intended to give a new spin to domestic sake, received $100,000 in funding.
Angel (individual)
- Blind Barrels, manufacturer and retailer of whiskeys based in Thousand Oaks, California, raised $25,000 of angel funding in the form of SAFE Notes.
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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.
