CW Q3 2021 Health and Wellness M&A and Financing Report

This report is prepared as a courtesy to the Health and Wellness business community by Columbia West based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to ensure is included and credit attributed to appropriate advisors.

M&A - Strategic

7/6/2021 Dawn Foods, Inc. acquired Icopa - Indústria E Comércio De Produtos Alimentares, S.A. The terms of the transaction were not disclosed. Dawn manufactures bakery products, including vegan and healthier lines, and is based in Jackson, MI. Icopa distributes bakery products and is based in Palmela, Portugal.

7/15/2021 Jasper Wyman & Son, Inc. acquired the wild blueberry assets of Allen's Blueberry Freezer Inc. The terms of the transaction were not disclosed. Allen’s produces wild, genetically diverse blueberries and is based in Ellsworth, ME. Jasper Wyman & Son produces and markets wild blueberries and is based in Milbridge, ME.

7/16/2021 Disruptive Technologies, LLC acquired assets of Good Superfoods, LLC. The terms of the transaction were not disclosed. Good Superfoods is a snack food and protein bar contract manufacturer and is based in Garden City, ID. Disruptive develops food clean manufacturing technology and is based in Newport Beach, CA.

7/16/2021 Primo Water North America acquired substantially all of the assets of The Sweetwater Company Inc, dba Earth2O. The terms of the transaction were not disclosed. Earth2O produces bottled water and is based in Culver, OR. Primo produces and distributes purified, spring and mineral water and water filtration coolers and is based in Lakeland, FL.

7/20/2021 Pharmavite LLC acquired Uqora, Inc. The terms of the transaction were not disclosed. Uqora manufactures probiotic and supplement products and is based in San Diego, CA. Pharmavite manufactures and distributes dietary supplements and soy-based natural snack bars and is based in West Hills, CA.

7/27/2021 Bonne Santé Group, Inc. announced that it has acquired Doctors Scientific Organica, LLC (DSO). The transaction was financed through an equity and debt financing that totaled $11.0 million. DSO is an international food supplements company based in Riviera Beach, Florida. Bonne Santé is an emerging growth global nutraceutical company based in Miami, FL.

7/29/2021 Curis Functional Health acquired Activate Metabolics. The terms of the transaction were not disclosed. Activate provides chiropractors, medical doctors and other clinicians a DNA-based turn-key weight loss program to implement into their practices and is based in Carlinville, IL. Curis offers whole-body wellness, incorporating mental health, physical, and gut health through counseling, chiropractic, and functional nutrition and is based in Dallas, TX.

8/1/2021 Absinthia's Bottled Spirits, LLC acquired Nickel Dime Syrups. The terms of the transaction were not disclosed. Nickel Dime is a gluten-free craft cocktail syrups manufacturing business and is based in Oakland, CA. Absinthia's produces and sells absinthe, anise and wormwood flavored distilled spirits and is based in Oakland, CA.

8/2/2021 DS Services of America, Inc., a subsidiary of Primo Water North America, acquired assets of Health Waters of Pennsylvania, Inc. The terms of the transaction were not disclosed. Health Waters distributes and sells bottled water and organic and fair trade beverages and is based in King of Prussia, PA. DS produces and distributes bottled water and water filtration coolers and is based in Lakeland, FL.

8/2/2021 Bake'n Joy Foods, Inc. acquired The Fruit Square People Inc., dba L&M Bakery. The terms of the transaction were not disclosed. L&M produces and sells bakery products and is based in Haverhill, MA. Bake’n Joy produces and manufactures bakery products, including a gluten-free line, and is based in North Andover, MA.

8/5/2021 Milk Specialties Company, dba Milk Specialties Global, acquired Kays Processing Facility in Clara City from Kays Processing, Inc. The acquisition also includes the Kay’s Naturals consumer brand and product lines. The terms of the transaction were not disclosed. Kays manufactures gluten-free cereals and products and is based in Clara City, MN. Milk Specialties manufactures science-based milk and whey protein ingredients for sports nutrition and functional food industries and is based in Eden Prairie, MN.

8/10/2021 Shiok Meats Pte. Ltd. acquired Gaia Foods. The terms of the transaction were not disclosed. Gaia is the first cell-based red meat company in Southeast Asia with a proprietary technology to produce 3D meat and is based in Singapore. Shiok is a clean meat company that produces cell-based crustacean meats and seafood and is based in Singapore.

8/10/2021 Mizkan America Inc. acquired Born Simple. The terms of the transaction were not disclosed. Born Simple produces and sells organic barbeque sauces and concentrators and is based in Boise, ID. Mizkan manufactures and markets specialty vinegars, mustards, and other products and is based in Mount Prospect, IL.

8/11/2021 Nutiva, Inc. acquired Coconut Secret. The terms of the transaction were not disclosed. Coconut Secret manufactures soy-free Asian sauces and is based in Mill Valley, CA. Nutiva manufactures and markets organic plant-based food ingredients and is based in Richmond, CA.

8/11/2021 SunTree Snack Foods, LLC acquired Carolina Nut, Inc. The terms of the transaction were not disclosed. Carolina Nut manufactures peanuts and snack nuts and is based in Henderson, NC. SunTree produces and markets better-for-you snacks and is based in Phoenix, AZ.

8/18/2021 Lifeway Foods, Inc. (NasdaqGM:LWAY) acquired certain assets of GlenOaks Farms, Inc. for $5.8 million. GlenOaks produces and manufactures drinkable yogurt products and is based in Laguna Beach, CA. Lifeway produces and markets probiotic-based products and is based in Morton Grove, IL.

8/30/2021 Bolton Group S.R.L. acquired Wild Planet Foods Inc. The terms of the transaction were not disclosed. Wild Planet is a producer of healthy and sustainable canned seafood products and is based in McKinleyville, CA. Bolton manufactures and distributes consumer goods and is based in Milan, Italy.

9/1/2021 Michigan Bread acquired Franklin Street Bakery. The terms of the transaction were not disclosed. Franklin Street produces and sells bakery products including better-for-you breads, and is based in Minneapolis, MN. Michigan Bread engages in the distribution of bread and is based in Taylor, MI. The joint company is now known as The Good Bread Co.

9/8/2021 Alete Active Nutrition LLC acquired Bonk Breaker LLC. The terms of the transaction were not disclosed. Bonk Breaker produces and sells nutrition bars and chews and is based in Los Angeles, CA. Alete produces sports nutrition products and is based in San Francisco, CA.

9/8/2021 BioneXX Holding GmbH acquired BeLive. The terms of the transaction were not disclosed. BioneXX retails organic food supplements and is based in Stuttgart, Germany. BeLive manufactures and sells dietary supplements and is based in Sunol, CA.

9/20/2021 TRU Supplements Inc. acquired Function Supplements, LLC. The terms of the transaction were not disclosed. Function Supplements manufactures vegan dietary supplements and is based in Costa Mesa, CA. TRU offers a plant-based wellness brand and is based in Costa Mesa, CA.

9/22/2021 Barnana Snacks acquired Agroapoyo S.A. The terms of the transaction were not disclosed. Agroapoyo produces and supplies fruits and vegetables and is based in Quito, Ecuador. Barnana manufactures healthy banana-based snacks and is based in Santa Monica, CA.

M&A - Financial

7/4/2021 TPG Capital, L.P. acquired a 60% stake in Made (Aust) Pty Ltd. The terms of the transaction were not disclosed. Made produces and sells NutrientWater, cold pressed juices, coconut water, protein smoothies, and other products using fresh, natural or organic ingredients and is based in Dandenong, Australia. TPG is a private equity and venture capital firm based in Fort Worth, TX. Clifford Chance served as legal advisor to TPG.

7/13/2021 Paine Schwartz Partners, LLC acquired Suja Life, LLC. The terms of the transaction were not disclosed. Suja produces and sells cold-pressed and organic juices and other products and is based in Oceanside, CA. Paine Schwartz is a private equity firm based in New York, NY. Giannuzzi Lewendon, LLP and Davis Polk & Wardwell LLP served as legal advisors to Suja.

9/7/2021 Butterfly Equity LP acquired an unknown majority stake in Chosen Foods LLC. The terms of the transaction were not disclosed. Chosen manufactures and markets non-GMO certified avocado oil and avocado-inspired cooking sprays, mayonnaises, dressings, simmer sauces, guacamole, salsa, and other products and is based in San Diego, CA. Butterfly is a private equity firm based in Beverly Hills, CA. Davis Polk & Wardwell LLP served as legal advisor to Chosen. Kirkland & Ellis LLP served as legal advisor to Butterfly.

9/14/2021 Full Sail IP Partners LLC acquired Odwalla, Inc. from The Coca-Cola Company (NYSE:KO). The terms of the transaction were not disclosed. Odwalla produces fruit juices, smoothies, and energy bars and is based in Dinuba, CA. Full Sail acquires brands and is a growth investor and portfolio company of Warburg Pincus and is based in New York, NY.

9/28/2021 Falfurrias Capital Partners acquired Rice's Honey LLC, dba Local Hive Honey. The terms of the transaction were not disclosed. Rice's Local Hive produces raw and unfiltered honey and is based in Greeley, CO. Falfurrias is a private equity firm based in Charlotte, NC.

9/29/2021 BroadOak Capital Partners, LLC, Research Corporation Technologies, and Farragut Capital Partners Inc. acquired Particle Dynamics, Inc. The terms of the transaction were not disclosed. Particle Dynamics offers technologies, ingredients, and custom processing capabilities to the pharmaceutical, consumer health, OTC and nutraceutical products industries and is based in Saint Louis, MO. BroadOak is a life-sciences focused financial institution based in Bethesda, MD. Farragut is a private equity firm based in Washington, D.C. Research Corporation Technologies is a venture capital firm based in Tucson, AZ. Taft Stettinius & Hollister LLP served as legal advisor to Particle Dynamics. Pillsbury Winthrop Shaw Pittman LLP served as legal advisor to the investors.

Private Placements

7/7/2021 Aleph Farms Limited announced that it has received $105.0 million in a round of funding from DisruptAD, L Catterton, Leonardo DiCaprio, and other investors, including a consortium of leading global food and meat companies. Aleph produces and sells cultivated meat and is based in Ashdod, Israel. DisruptAD is a principal investment firm based in the United Arab Emirates. L Catterton is a private equity and venture capital firm based in Greenwich, CT.

7/7/2021 L-Nutra Inc. announced that it has received funding from Brentwood Associates, Inc. L-Nutra develops a portfolio of fasting mimicking diets, nutrition bars, and other products to prevent, delay, or treat chronic diseases, including metabolic syndrome, diabetes, cardiovascular disease, cancer, Alzheimer’s, multiple sclerosis, and other autoimmune diseases and is based in Los Angeles, CA. Brentwood is a private equity firm based in Los Angeles, CA. DLA Piper LLP served as legal advisor to L-Nutra. Bryan Cave Leighton Paisner LLP served as legal advisor to Brentwood.

7/7/2021 Billy Goat Brands Ltd. (CNSX:GOAT) acquired 13.1% of Sophie's Kitchen Inc. Sophie's manufactures plant-based seafood and is based in Sebastopol, CA. Billy Goat is a venture capital firm based in Vancouver, Canada.

7/12/2021 FreshRealm, LLC announced that it has received $32.0 million in funding from accredited institutional investors. FreshRealm offers grocery retail partners fresh ready-to-heat and ready-to-cook meals for busier and healthier lifestyles and is based in Ventura, CA.

7/14/2021 Awakened Foods announced that it has received a round of funding from new investor Clover Capital Partners LLC. Based in Loveland, CO, Awakened manufactures grain snacks under the Ka-Pop! brand name; paleo, keto, and grain-free granolas and snacks under the Bubba's brand name, and offers private label and co-manufacturing services. Clover is a private equity firm based in Evanston, IL.

7/20/2021 Little Spoon, Inc. announced that it has received $44.0 million in its Series B round of funding from Valor Management Corp and Kairos Capital Partners, LLC. Little Spoon manufactures and markets fresh and organic baby food, vitamins, and probiotics products and is based in New York, NY. Valor is a private equity and venture capital firm based in Chicago, IL. Kairos is a private equity and venture capital firm based in New York, NY.

7/20/2021 CityRow Holdings, Inc. announced that it has received $12.0 million in its Series A round of funding from JW Asset Management, LLC and other investors. CityRow is an omnichannel fitness brand offering rowing classes through its combined at-home digital platform and nationwide brick-and-mortar studio network and is based in New York, NY. JW is an employee-owned hedge fund manager based in New York, NY.

7/20/2021 Quinn Foods LLC, dba Quinn Popcorn, received $10.0 million in its Series B round of funding from NewRoad Capital Partners and other investors. Quinn creates popcorn and other snacks with better-for-you ingredients and sustainable farming and is based in Louisville, CO. NewRoad is a venture capital firm based in Rogers, AR.

7/21/2021 Prenexus Health, Inc. announced that it has received $15.0 million in its Series B round of funding from Continental Grain, DSM Venturing, PeakBridge Partners Ltd., and other investors. Prenexus is a natural prebiotic ingredient company and is based in Gilbert, AZ. Continental operates in food, agribusiness, and commodities businesses worldwide and is based in New York, NY. DSM is a venture capital and private equity investment arm based in Limburg, Netherlands. PeakBridge is a venture capital firm based in Valletta, Malta.

7/21/2021 Undercover Chocolate Co., LLC announced that it has received $13.7 million in an equity round of funding led by Octagon Capital Holdings, 900 Chocolate Investors, and the company's founders. Undercover Chocolate manufactures and sells a variety of gluten-free chocolate quinoa crisp snacks and is based in East Hanover, NJ. Octagon is an investment holding company based in Millburn, NJ.

7/21/2021 Athletic Greens International, Inc. announced that it has received funding from SC.Holdings and other investors. Athletic Greens produces and sells nutritional supplement products and is based in George Town, Cayman Islands. SC.Holdings is a private equity firm based in New York, NY.

7/21/2021 Shiok Meats Pte. Ltd. announced that it has received a bridge round of funding from investors including Woowa Brothers Asia Holdings Pte. Ltd., Vinh Hoan Corporation, and others. Shiok is a clean meat company that produces cell-based crustacean meats and seafood and is based in Singapore. Woowa operates in the food industry and is based in Singapore. Vinh Hoan engages in growing, manufacturing, processing, and trading aquatic products and is based in Cao Lanh, Vietnam.

7/22/2021 Urban Remedy, Inc. announced that it has raised $18.0 million in its Series D round of funding from Manna Tree Partners and other investors. Urban produces and delivers organic ready-to-eat meals, juices, and snacks that are free of gluten, dairy, white and artificial sugars, canola and soybean oils, corn, preservatives, peanuts, chemicals, processed salts and fillers and is based in Richmond, CA. Manna Tree is a private equity firm based in Vail, CO.

7/26/2021 The Not Company, dba NotCo, announced that it has received $235.5 million in funding from Tiger Global Management LLC and other investors. NotCo produces plant-based food alternatives to mayonnaise, meat, milk, yogurt, dressings, and desserts and is based in Santiago, Chile. Tiger is an employee-owned hedge fund sponsor based in New York, NY.

7/26/2021 ByHeart, Inc. announced that it has received $90.0 million in funding from D1 Capital Partners L.P. and other investors. ByHeart develops infant and baby nutritional food products and is based in New York, NY. D1 is an employee-owned hedge fund manager based in New York, NY.

7/29/2021 The New Primal, LLC announced that it has received a $15.0 million investment from Manna Tree Partners. New Primal produces healthy snacks made from grass-fed beef and free-range turkey jerky, as well as sauces, dressings, and marinades made without refined sugar, dairy or soy, and is based in Daniel Island, SC. Manna Tree is a private equity firm based in Vail, CO. Taylor Foley Law served as legal advisor to New Primal.

7/29/2021 Fly by Jing Inc. announced that it has received a round of funding from new investor Prelude Growth Partners. Fly manufactures and retails sauces, spice mixes, and other products made with 100% all-natural ingredients and is based in Los Angeles, CA. Prelude is a private equity firm based in New York, NY.

8/2/2021 Planted Foods AG announced that it has received $21.0 million in a round of funding from Vorwerk Ventures, Joyance Partners, LLC, and other investors. Planted Foods develops plant-based meat and is based in Lindau, Switzerland. Vorwerk is the venture capital and private equity arm of Vorwerk & Co., an international diversified corporate group headquartered in Wuppertal, Germany. Joyance is a venture capital firm based in San Francisco, CA.

8/3/2021 Ultima Health Products, Inc. announced that it has received a round of funding from WM Partners, LP and The Firmament Group, LLC. Ultima manufactures and markets sugar-free electrolyte hydration products and is based in Cortland, OH. WM is a private equity firm based in Aventura, FL. Firmament is a private equity firm based in New York, NY.

8/4/2021 Ryze Superfoods announced that it has received a round of funding from PS27 Ventures, LLC. RYZE manufactures and sells organic mushroom coffee and is based in Boston, MA. PS27 is a venture capital firm based in Jacksonville, FL.

8/5/2021 MaryRuth Organics, LLC announced that it has received a round of funding from Butterfly Equity LP. MaryRuth manufactures and sells nutritional supplements for children and adults and is based in Los Angeles, CA. Butterfly is a private equity firm based in Beverly Hills, CA. Giannuzzi Lewendon, LLP served as legal advisor to MaryRuth. Kirkland & Ellis LP served as legal advisor to Butterfly.

8/9/2021 Kitu Life, Inc. announced that it has received $106.0 million in a round of funding from Durable Capital Partners, LP, 7-Eleven, Inc., and other investors. Kitu produces and supplies gluten-free, lactose-free, low-calorie, sugar-free, ready-to-drink bottled Super Coffee and is based in New York, NY. Durable is an employee-owned hedge fund manager based in Chevy Chase, MD.

8/11/2021 LifeAid Beverage Company, LLC announced that it has raised $20.0 million in its Series C round of funding led by Cambridge Companies SPG. LifeAid manufactures and sells supplemental nutrition products packaged in beverage cans and is based in Santa Cruz, CA. Cambridge is an investment firm based in Newport Beach, CA.

8/11/2021 Miyoko's Kitchen, Inc. announced that it has raised $52.5 million in funding from Powerplant Ventures, LLC and other investors. Miyoko's produces and sells artisanal vegan cheese products and is based in Petaluma, CA. Powerplant is a venture capital firm based in Hermosa Beach, CA.

8/11/2021 Icelandirect, Inc. announced that it has received a round of funding from New Heritage Capital, LLC. Icelandirect manufactures, imports, and distributes premium fish oils, fish powders, algal powders, and fish oil emulsions and is based in Clifton, NJ. New Heritage is a private equity firm based in Boston, MA.

8/16/2021 mohjo announced that it has raised a round of funding from East Ventures Pte. Ltd and other investors. mohjo manufactures unsweetened almond milk, sweetened almond milk, and pure cacao almond milk and is based in Singapore. East Ventures is a venture capital firm based in Singapore.

8/16/2021 First Beverage Ventures acquired an unknown minority stake in Health-Ade, LLC. Health-Ade produces kombucha and is based in Los Angeles, CA. First Beverage Ventures is the venture capital and private equity arm of First Beverage Group and is based in Los Angeles, CA.

8/23/2021 Novel Farms, Inc. announced that it has received a round of funding from Cult Food Science Corp. (TSXV:TLD.H). Novel is a food-tech company engaged in the production of whole cuts of premium cell-based meat delicacies and is based in Berkeley, CA. Cult Food is a Canadian-based investment platform with an exclusive focus on investing in cultivated (lab-grown) meat and dairy assets.

8/24/2021 Taylor Fresh Foods, Inc. acquired an unknown minority stake in Pure Green Farms, a brand of Greenleaf Holdco LLC. The terms of the transaction were not disclosed. Greenleaf engages in growing, packing, and shipping leafy greens and is based in South Bend, IN. Taylor Fresh produces and supplies salads and fresh food products and is based in Salinas, CA.

8/24/2021 Freshly Organic LLC, dba SIMPLi, announced that it has received a round of funding from The Abell Foundation, Inc. and other investors. SIMPLi manufactures and sells ethically sourced, quality extra virgin olive oils, olives, and organic red and white quinoa and is based in Washington, D.C. Abell is a foundation that focuses on education, health and human services, workforce development, community development, arts and culture, and conservation and environment and is based in Baltimore, MD.

8/30/2021 Plantible Foods, Inc. announced that it has received $26.8 million in funding from Astanor Ventures and other investors. Plantible develops and produces organic plant-based protein made from lemna grown in low impact, environmentally sensitive aqua farms, and is based in Bay Harbor Islands, FL. Astanor is a venture capital firm based in Belgium.

9/2/2021 Stockeld Dreamery AB announced that it has received $19.6 million in a round of funding from Astanor Ventures, Northzone Ventures and other investors. Stockeld develops plant-based cheeses and is based in Stockholm, Sweden. Astanor is a venture capital firm based in Belgium. Northzone is a private equity and venture capital firm based in Oslo, Norway.

9/2/2021 Numu Vegan Group LLC announced that it has received $5.2 million in a round of funding from 8 investors co-led by existing investors Unovis Asset Management, LLC and Clear Current Capital, LLC. NUMU produces vegan mozzarella cheese for pizza and lasagnas and is based in Brooklyn, NY. Unovis is a venture capital firm based in New York, NY. Clear Current is a publicly funded, specialized venture capital firm that makes early-stage growth and impact investments in the US plant-based food/cell-cultivated meat space and is based in Vero Beach, FL.

9/2/2021 Ekopak Limited, dba SourceGreenPackaging.com, announced that it has received a round of funding from Shiok Meats Pte. Ltd., and other investors. SourceGreenPackaging.com provides plastic free packaging products and is based in Hong Kong. Shiok is a clean meat company that produces cell-based crustacean meats and seafood and is based in Singapore.

9/3/2021 Revolution Foods, Inc. announced that it has received $59.8 million in a round of funding with participation from 9 investors. Revolution produces chef-crafted, healthy, culturally relevant and affordable meals for school and community feeding programs nationwide with a mission to transform citywide wellness and is based in Oakland, CA.

9/8/2021 CHKN Not Chicken announced that it has received a round of funding led by Stray Dog Capital, LLC. CHKN Not Chicken produces plant-based chicken products and is based in Portland, OR. Stray Dog is a private equity and venture capital firm based in Leawood, KS.

9/13/2021 TBE Beverages LLC announced that it has raised a round of funding from HartBeat Ventures. TBE is the maker of BrightFox, an enhanced hydration beverage, and is based in New York, NY. HartBeat is Kevin Hart's private investment firm and is based in Los Angeles, CA.

9/16/2021 Growthwell Group Private Limited announced that it has received $22.0 million in a round of funding from Creadev and other investors. Growthwell engages in the research and development, production, and sale of vegan and vegetarian ingredients and food products and is based in Singapore. Creadev is a principal investment firm based in Shanghai, China.

9/16/2021 Sophie's Kitchen, Inc. announced that it has raised $5.6 million in a round of funding from Billy Goat Brands Ltd. Sophie's manufactures plant-based seafood and is based in Sebastopol, CA. Billy Goat is a venture capital firm based in Vancouver, Canada.

9/20/2021 BeSweet Creations, LLC announced that it has received a round of funding from Nexus Capital Management LP and Meaningful Partners. BeSweet manufactures and sells the Sugarbear® brand of vegan vitamin gummies and is based in Oakland Park, FL. Nexus is a private equity firm based in Los Angeles, CA. Meaningful is a private equity and venture capital firm based in El Segundo, CA. Kirkland & Ellis LLP served as legal advisor to Nexus Capital Management and Meaningful Partners. Goodwin Procter LLP served as legal advisor to BeSweet.

9/21/2021 Ripple Foods, PBC announced that it has received $60.0 million in a round of funding from Rage Capital, Ajax Strategies LLC, S2G Ventures and other investors. Ripple produces and sells plant-based food products and is based in Berkeley, CA. Rage is a venture capital firm based in London, United Kingdom. Ajax is a venture capital firm based in San Francisco, CA. S2G is a venture capital firm based in Chicago, IL.

9/21/2021 Air Up announced that it has received $46.9 million in a round of funding from Five Seasons Ventures Sarl and other investors. Air Up is a drinking bottle system that flavors water just by scent and is based in Munich, Germany. Five Seasons is a venture capital firm based in Paris, France. STUDIO LEGAL Rechtsanwälte served as legal advisor to Air Up. YPOG served as legal advisor to Five Seasons.

9/21/2021 BlueNalu, Inc. announced that it has received investment from Q-Capital Ventures GmbH. BlueNalu is a vertical-farming company that processes, produces, and markets cell-based sea animals and seafood products and is based in San Diego, CA. Q-Capital is a venture capital arm of Q·Advisers and is based in Vienna, Austria.

9/21/2021 Oggi Foods Inc. announced that it has received a round of funding from Bregal Partners, L.P. and other investors. Oggi produces gluten-free, organic, and non-GMO frozen pizza and other products and is based in Montreal, Canada. Bregal is the private equity arm of Cofra Holdings AG and is based in New York, NY.

9/27/2021 New Age Meats announced that it has received $25.0 million in a round of funding from Hanwha Solutions Corporation (KOSE:A009830) and other investors. New Age engages in producing meat through an automated data-driven platform using stem cell technology and is based in San Francisco, CA. Hanwha operates in the chemicals, energy solutions, and advanced materials business areas and is based in Seoul, South Korea.

9/29/2021 Spiceology, Inc. received $7.0 million in funding from 8 investors. Spiceology manufactures and sells spices, herbs, chiles, confections, fruit and vegetable powders, blends, modernists, and salts and is based in Spokane, WA.

9/29/2021 Bachan's, Inc. announced that it has received a round of funding led by new investor Prelude Growth Partners. Bachan's manufactures and online retails authentic Japanese barbecue sauces that are cold-filled (not pasteurized) and made with the highest quality ingredients without the use of preservatives or flavorings, and is based in Sebastopol, CA. Prelude is a private equity firm based in New York, NY.

9/30/2021 Perfect Day, Inc. announced that it has received $350.0 million in a round of funding from Canada Pension Plan Investment Board (CPP Investments), Temasek Holdings (Private) Limited and other investors. Perfect Day operates a dairy that produces animal-free milk, proteins, and related dairy products and is based in Emeryville, CA. CPP Investments is a state-owned pension fund sponsor based in Toronto, Canada. Temasek is a private equity and venture capital firm based in Singapore.