CW Q1 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

1/1/2021 B.R.A.I.N. Biotechnology Research and Information Network AG (XTRA:BNN) acquired Biosun Biochemicals Inc. The terms of the transaction were not disclosed. Biosun is a distributor, formulator and blender of enzymes, flavors, food ingredients, and natural colors in the U.S. market and is based in Tampa, FL. B.R.A.I.N. researches, develops, produces, and markets bio-based products and solutions for nutrition, health and the environment for the chemical and consumer goods industries and is based in Zwingenberg, Germany.

1/4/2021 Mondelez International, Inc. (NasdaqGS:MDLZ) acquired the remaining 93% stake in Hu Master Holdings, LLC for $231.0 million. Hu manufactures and sells wellness-focused, vegan, and paleo-friendly chocolate and snacks and is based in New York, NY. Mondelez, through its subsidiaries, manufactures, markets, and sells snack food and beverage products worldwide and is based in Chicago, IL.

1/5/2021 South Mill Mushroom Sales Inc. acquired The Mushroom Company. The terms of the transaction were not disclosed. The Mushroom Company is a full-line mushroom processor including White Button, Portabella, Crimini, Shiitake, Oyster, and organic varieties and is based in Cambridge, MD. South Mill produces and distributes mushrooms including a line of better-for-you mushroom snacks and drinks called Shrooms! and is based in Kennett Square, PA.

1/6/2021 LIVEKINDLY Collective acquired No Meat Limited from Iceland Foods Ltd. The terms of the transaction were not disclosed. No Meat produces award-winning 100% plant-based meat alternative products and is based in Flint, United Kingdom. Iceland Foods owns and operates food retailing stores and is based in Deeside, United Kingdom. LIVEKINDLY is a collective of plant-based heritage and start-up brands and is based in New York, NY. Skadden, Arps, Slate, Meagher & Flom (UK) LLP served as legal advisor to Iceland Foods. Morrison & Foerster (UK) LLP served as legal advisor to LIVEKINDLY.

1/13/2021 Yukon Wellness Holdings LLC acquired Eu Natural Inc. The terms of the transaction were not disclosed. Eu Natural is a digitally native provider of vitamin and mineral nutritional supplement products and is based in Henderson, NV. Formed by American Pacific Group (APG) together with Joe Falsetti of Dana Holdings LLC, Yukon Wellness is a platform to acquire and grow consumer wellness brands. APG is a private equity firm based in San Francisco, CA. Dana Holdings is a private investment group based in Princeton, NJ. Jones Day served as legal advisor to APG.

1/31/2021 The Town Kitchen PBC acquired Oat Cuisine. The terms of the transaction were not disclosed. Oat Cuisine produces handmade granola blends and is based in Alameda, CA. The Town Kitchen prepares and delivers upscale, corporate lunches through a partnership with chefs and food artisans and is based in Oakland, CA.

2/2/2021 Nature’s Way Products, LLC announced that it acquired remaining unknown stake in Baze Labs, Inc. on 12/23/2020. The terms of the transaction were not disclosed. Baze operates an online subscription platform and mobile application for ordering personalized supplements and is based in Watertown, MA. Nature’s Way manufactures and sells nutritional and natural products and is based in Green Bay, WI.

2/2/2021 American Licorice Company acquired Torie & Howard, Inc. The terms of the transaction were not disclosed. Torie & Howard produces premium candies that are USDA organic and kosher certified, allergen friendly, Non-GMO, vegan and gluten-free and is based in New Milford, CT. American Licorice manufactures and markets licorice candies, straws, bites, and twists and is based in La Porte, IN.

2/2/2021 Angelini Acraf S.p.A. acquired Arvelle Therapeutics GmbH for $960.0 million. Arvelle is a biopharmaceutical company that focuses on solutions for patients suffering from CNS disorders and is based in Zug, Switzerland. Angelini manufactures, markets, and distributes products for personal health and wellbeing and is based in Rome, Italy. Sidley Austin LLP and NautaDutilh N.V. served as legal advisors to Arvelle. White & Case LLP served as legal advisor to Angelini.

2/10/2021 Neptune Wellness Solutions Inc. (TSX:NEPT) acquired Sprout Foods, Inc. for $33.6 million. Sprout manufactures and sells organic food for babies, toddlers, and people of various ages and is based in Montvale, NJ. Neptune operates as an integrated health and wellness company with a portfolio of lifestyle brands and consumer packaged goods products under the Forest Remedies, Ocean Remedies, Neptune Wellness, Mood Ring, OCEANO3 and other brands and is based in Laval, Canada. Fasken Martineau DuMoulin LLP served as legal advisor to Neptune.

2/17/2021 The Social Chain AG (DB:PU11) acquired 51% stake in Coral LLC. The terms of the transaction were not disclosed. Coral is a supplier of oral hygiene products and nutritional supplements with natural ingredients based on EcoSafe certified extracted coral concentrate and is based in Carson City, NV. The Social Chain engages in branding, marketing, and direct sales of their products in the categories of Food, Home & Living, Beauty, and Fitness and is based in Berlin, Germany.

2/25/2021 Thorne Research, Inc. acquired Onegevity Health, LLC. The terms of the transaction were not disclosed. Onegevity engages in manufacturing testing kits to solve health challenges and optimize performance and is based in New York, NY. Thorne develops and manufactures dietary supplements for medical practitioners, athletes, and consumers and is based in New York City, NY.

2/26/2021 Danone S.A. (ENXTPA:BN) acquired Follow Your Heart, Inc. The terms of the transaction were not disclosed. Follow Your Heart produces and supplies a full range of natural plant-based food products and is based in Canoga Park, CA. Danone is a multi-local food and beverage company based in Paris, France that is building on health-focused and fast-growing categories in three business segments: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition.

3/1/2021 Martin Bauer GmbH & Co. KG acquired an unknown majority stake in Power Brands International, LLC. The terms of the transaction were not disclosed. Power Brands operates as a beverage consulting company and is based in Van Nuys, CA. Martin Bauer offers botanical products for tea, beverage, and food industries and is based in Vestenbergsgreuth, Germany.

3/2/2021 Fruit d’Or Inc. acquired Decas Cranberry Products, Inc. The terms of the transaction were not disclosed. Decas grows, processes, and markets cranberries for retail, foodservice and beverage, and industrial sectors and is based in Carver, MA. Fruit d’Or engages in cranberry and blueberry processing and manufactures organic cranberry products and is based in Quebec City, Canada.

3/5/2021 Vital Nutrients announced that it acquired BariatricFusion LLC on 8/31/2020. The terms of the transaction were not disclosed. BariatricFusion produces bariatric vitamins and nutrients and is based in Elma, NY. Vital Nutrients manufactures and sells supplements for the professional healthcare industry and is based in Middletown, CT.

3/5/2021 Nestlé USA, Inc. acquired Essentia Water, LLC. The terms of the transaction were not disclosed. Essentia manufactures, packages, and markets bottled alkaline and electrolyzed water and is based in Bothell, WA.

3/5/2021 reCommerce Brands acquired Vitamin Discount Center, Inc. The terms of the transaction were not disclosed. Vitamin Discount sells vitamins, supplements, health, beauty, and sports nutrition products for kids, adults, and pets through an online e-commerce platform and is based in Tampa, FL. reCommerce operates as an e-commerce platform for Amazon brand products and is based in Deerfield Beach, FL.

3/9/2021 Ka-Pop! Snacks acquired Bubba’s Foods LLC. The merged company, called Awakened Foods, will act as a holding company for the two snack brands, and the co-manufacturing division, Awakened Food Crafters. The terms of the transaction were not disclosed. Bubba’s Foods produces and retails paleo and keto-friendly snacks, granolas, and private label goods and is based in Loveland, CO. Ka-Pop! is a healthy snack company that creates gluten-free, vegan, non-GMO, and allergen-free products powered by the super grain sorghum and is based in Erie, CO.

3/17/2021 Papadopoulos Group Inc. acquired Eteo Goods L.P. The terms of the transaction were not disclosed. Eteo manufactures and sells organic extra virgin olive oil and is based in Athens, Greece. Papadopoulos is a collection of ultra-premium olive oil, olives, honey, and luxury goods and is based in New York, NY.

3/17/2021 RoadRunner Holdings LLC acquired Peloton Foods Inc, dba JoJé Bar. The terms of the transaction were not disclosed. JoJé manufactures energy bars and is based in Encinitas, CA. Roadrunner is a portfolio of athlete-focused sports nutrition brands backed by American Pacific Group, a private equity firm based in San Francisco, CA.

3/18/2021 Wolfgang Fojtl acquired the remaining 51% stake in Vita+ Naturprodukte GmbH from Kellogg Company (NYSE:K). The terms of the transaction were not disclosed. Vita+ Naturprodukte manufactures products under the Verival Bio organic breakfast brand and is based in Langkampfen, Austria. Kellogg sold its stake back to Verival’s founder, the Austrian entrepreneur Wolfgang Fojtl.

3/25/2021 LIFEBRANDS Natural Food GmbH acquired Revolution Tea, LLC. The terms of the transaction were not disclosed. Revolution produces and markets premium tea and is based in Scottsdale, AZ. LIFEBRANDS develops, produces and distributes healthy and sustainable food and beverages and is based in Hamburg, Germany.

3/29/2021 Sensient Natural Ingredients LLC acquired New Mexico Chili Products Inc. The terms of the transaction were not disclosed. New Mexico Chili produces capsicums and specialty chilies for consumer-packaged goods manufacturers, spice blenders, and foodservice customers and is based in Deming, NM. Sensient Natural is a vertically integrated, agriculture-based strategic business unit of Sensient Technologies Corporation (NYSE: SXT) and markets California-grown conventional and organic dehydrated onion, garlic, and parsley as well as domestic and imported capsicums (paprika and chili pepper) and varietals, and is based in Turlock, CA.

3/29/2021 Innovations in Nutrition and Wellness (INW) acquired Bee Health Limited. In a simultaneous transaction, INW was acquired from Rosewood Private Investments by a group of investors led by private investment firm Cornell Capital LLC. The terms of the transactions were not disclosed. Bee Health operates as a vitamin, mineral and supplement manufacturer and is based in Bridlington, United Kingdom. INW manufactures and sells nutrition and wellness products and is based in Carrollton, TX. Addleshaw Goddard LLP served as legal advisor to Bee Health.

3/30/2021 Brand Holdings, LLC acquired Simple Botanics. The terms of the transaction were not disclosed. Simple Botanics produces herbal teas and organic nutrition bars and is based in Chicago, IL. Backed by Kidd & Company, LLC and T-Street Capital, Brand Holdings is focused on acquiring DTC e-commerce health and wellness, sports nutrition, beauty and functional foods companies and is based in Pittsburgh, PA.

3/31/2021 Stonewall Kitchen, LLC acquired Vermont Coffee Company. The terms of the transaction were not disclosed. Stonewall produces, wholesales, and retails specialty food products and kitchen and home products and is based in York, ME. Vermont Coffee produces and sells bagged organic coffee products and is based in Middlebury, VT.

3/31/2021 Wellbeam Consumer Health LLC, formerly Yukon Wellness Holdings LLC, acquired Penetrex from Biomax Health Products, Inc. The terms of the transaction were not disclosed. Penetrex is a joint & muscle relief and recovery brand and is based in San Diego, CA. Biomax distributes topical pain and inflammation relief products for joints, nerves, tendons, bursa, ligaments, and muscles and is based in San Diego, CA. Backed by American Pacific Group, Wellbeam is a portfolio of ecommerce-focused wellness brands, including Eu Natural and Penetrex, and is based in San Francisco, CA.

M&A - Financial

1/11/2021 TA Associates, along with Sanjaya Mariwala, acquired an unknown majority stake in OmniActive Health Technologies Limited. The terms of the transaction were not disclosed. OmniActive manufactures and distributes nutritional and active natural ingredients to the healthcare, food, and personal care industries and is based in Mumbai, India. TA is a private equity and venture capital firm based in Boston, MA. Sanjaya Mariwala is the Founder and Executive Chairman of OmniActive. DSK Legal served as legal advisor to OmniActive. Shardul Amarchand Mangaldas & Co served as legal advisor to TA.

1/13/2021 Elaghmore Partners acquired Orchard House Foods Ltd. from The Hain Celestial Group, Inc. (NasdaqGS:HAIN) for $30.3 million. Orchard House produces products in chilled, frozen, and ambient food and drinks categories for retailers and food producers and is based in Corby, United Kingdom. The Hain Celestial Group manufactures, markets, and sells organic and natural products and is based in Lake Success, NY. Elaghmore is a private equity firm based in Royal Leamington Spa, England. DLA Piper UK LLP served as legal advisor to The Hain Celestial Group. Squire Patton Boggs (UK) LLP served as legal advisor to Elaghmore.

1/14/2021 Powerplant Ventures, LLC acquired ZICO Beverages LLC from The Coca-Cola Company (NYSE:KO). The terms of the transaction were not disclosed. ZICO manufactures and sells coconut water and is based in El Segundo, CA. Powerplant is a venture capital firm based in Hermosa Beach, CA.

1/26/2021 Boyne Capital Partners, LLC and SALT Venture Partners acquired majority stake in Double Wood LLC. The terms of the transaction were not disclosed. Double Wood produces dietary supplements and nootropics products and is based in Philadelphia, PA. Boyne is a private equity firm based in Miami, FL. SALT is an independent sponsor based in Miami, FL.

2/3/2021 Frontenac Company LLC announced that it has acquired a majority interest in Crofter’s Organic. The terms of the transaction were not disclosed. Crofter’s manufactures branded and private label organic fruit spreads, jams and preserves and is based in Parry Sound, Ontario. Frontenac is a private equity firm based in Chicago, IL.

2/17/2021 WM Partners, LP acquired Feel Good Organics, LLC. The terms of the transaction were not disclosed. Feel Good manufactures and sells organic products, such as superfood powders, tea bags, edible flowers, loose tea, and superfood capsules, and is based in Seattle, WA. WM is a private equity firm based in Fort Lauderdale, FL. BraunHagey & Borden LLP served as legal advisor to Feel Good. King & Spalding LLP served as legal advisor to WM.

3/8/2021 Wind Point Advisors, LLC acquired FoodScience Corporation from Claudia Orlandi and family. The terms of the transaction were not disclosed. FoodScience provides custom formulations and private labeling services in the nutritional supplement industry for human and animal needs and is based in Williston, VT. Wind Point is a private equity and venture capital firm based in Chicago, IL. Downs Rachlin Martin LLP served as legal advisor to Claudia Orlandi. Kirkland & Ellis LLP served as legal advisor to Wind Point.

3/31/2021 One Rock Capital Partners, LLC and Metropoulos & Co. acquired Nestlé Waters North America Inc. from Nestlé S.A. (SWX:NESN) for $4.3 billion. One Rock is a private equity firm based in New York, NY. Metropoulos & Co. is a family-owned principal investment firm based in Greenwich, CT. Mayer Brown LLP served as legal advisor to Nestlé S.A. Latham & Watkins LLP served as legal advisor to One Rock. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisor to Metropoulos.

Private Placements

1/8/2021 Outstanding Foods, Inc. announced that it has received $10.0 million in a round of funding led by returning investor SternAegis Ventures with participation from individual investors Kenneth Harris and Javier Valéz-Bautista. Outstanding Foods produces plant-based vegan snacks and is based in Los Angeles, CA. SternAegis is a venture capital arm of Aegis Capital Corporation and is based in New York, NY.

1/10/2021 air up GmbH announced that it has received $22.0 million in a round of funding from PepsiCo, Inc. (NasdaqGS:PEP) and other investors. air up is a drinking bottle system that flavors water just by scent and is based in Munich, Germany.

1/11/2021 Luthman Backlund Foods AB announced that it has received $30.0 million in a round of funding from CapAgro SAS, Gullspang Invest AB, Khosla Ventures, and other investors. Luthman produces the Nick’s brand of light ice cream, vegan ice cream and keto friendly protein bars and is based in Sundbyberg, Sweden. CapAgro is a venture capital firm based in Paris, France. Gullspang is a venture capital firm based in Stockholm, Sweden. Khosla Ventures is a private equity and venture capital firm based in Menlo Park, CA.

1/13/2021 Gainful Health Inc. announced that it has received $7.5 million in its Series A round of funding from BrandProject LP, CourtsideVC, and other investors. Gainful Health manufactures and supplies protein powder online and offers personalized protein powder to consumers on a subscription basis and is based in San Francisco, CA. BrandProject is a private equity and venture capital firm based in Toronto, Ontario. CourtsideVC is a venture capital firm based in Detroit, MI.

1/13/2021 Longève Brands announced that it has received $5.0 million in a round of funding from Wavemaker Partners, Brand Capital, and other investors. Longève produces fake meat crumble products made of pea protein and is based in Irvine, CA. Wavemaker is a venture capital firm based in Los Angeles, CA. Brand Capital is a private equity and venture capital arm of Bennett Coleman & Co. Limited, dba The Times Group, a diversified media company based in Mumbai, India.

1/19/2021 BlueNalu, Inc. announced that it has received $60.0 million in a round of funding led by Rage Capital with participation from Agronomics, Lewis & Clark AgriFood, and other investors. BlueNalu is a food company producing a variety of seafood products directly from fish cells and is based in San Diego, CA. Rage is a venture capital and private equity firm based in London, England. Agronomics is a principal investment firm based in Douglas, Isle of Man. Lewis & Clark AgriFood is a venture capital and private equity firm based in St. Louis, MO.

1/21/2021 Ungar’s Food Products, Inc., dba Dr. Praeger’s Sensible Foods, announced that it has received an equity round of funding from new investor Vestar Capital Partners. Dr. Praeger’s produces and markets nutritious plant-based frozen and refrigerated foods made from simple ingredients and is based in Elmwood Park, NJ. Vestar is a private equity firm and is based in New York, NY. Giannuzzi Lewendon, LLP served as legal advisor to Dr. Praeger’s. Kirkland & Ellis LLP served as legal advisor to Vestar.

1/22/2021 Quevos announced that it has received a round of funding from new investor Equilibra Partners Management LLC. Quevos produces a brand of high protein, high fiber, low carb snacks whose first ingredient is egg whites and is based in Chicago, IL. Equilibra is the family office of Daniel Lubetzky, Founder and Executive Chairman of KIND, and is based in New York, NY.

1/26/2021 Green Park Snacks, creator of HIPPEAS® Organic Chickpea Snacks, announced that it has raised $50.0 million from The Craftory Limited. The financing consisted of direct investment and secondary purchases of shares from existing shareholders, including CAVU Venture Partners. HIPPEAS is a line of organic, gluten-free, vegan, and non-GMO snacks made from chickpeas and is based in Plainview, NY. The Craftory is a private equity and venture capital firm based in London, United Kingdom. CAVU is a venture capital and private equity firm based in New York, NY.

2/1/2021 Future Meat Technologies Ltd. announced that it has received $26.8 million in funding from Unternehmensgruppe Theo Müller GmbH & Co. KG, Rich Products Corporation, dba Rich’s, and other new and returning investors. Future Meat is a biotechnology company that develops distributive manufacturing technology for production of cultured meat without the need to raise or harvest animals and is based in Jerusalem, Israel. Theo Müller Group is a family-owned company operating internationally in the food sector with brands in the dairy, deli and services business and is based in Fischach, Germany. Rich’s produces and markets frozen food products to foodservice, in-store bakery, retail, and industrial marketplaces and is based in Buffalo, NY.

2/2/2021 Snack It Forward, LLC announced that it has received $12.5 million in its Series B round of funding led by new investor Post Holdings, Inc. (NYSE:POST). Snack It Forward produces and markets PeaTos, a crunchy puffed pea-based snack made with all-natural ingredients in a variety of flavors, and is based in Los Angeles, CA. Post is a consumer packaged goods holding company based in St. Louis, MO.

2/3/2021 Good Eggs, Inc. announced that it has received $100.0 million in an equity round of funding led by new investor Glade Brook Capital Partners LLC with participation from GV, Finistere Ventures, LLC, and other new and returning investors. Good Eggs is an online grocery delivery service and is based in San Francisco, CA. Glade Brook is a growth equity firm and is based in Greenwich, CT. GV operates as a venture capital arm of Alphabet Inc. and is based in Mountain View, CA. Finistere is a venture capital firm based in San Diego, CA.

2/10/2021 VeggieVictory announced that it has received an equity round of funding from returning investor Sustainable Food Ventures and new investors Capital V, Kale United AB and Thrive Worldwide Ltd. VeggieVictory is Nigeria’s first 100% plant-based food tech company and is based in Ikoyi, Nigeria. Sustainable Food Ventures is a venture capital firm based in Raleigh-Durham, NC. Capital V is a venture capital firm based in the United Kingdom. Kale United provides advisory services to plant-based member companies and is based in Stockholm, Sweden. Thrive provides medical, occupational, and psychological health services and is based in Marlow, United Kingdom.

2/10/2021 New Frontier Foods Inc. announced that it will receive $16.0 million in funding from 4 investors. The transaction closed on 4/14/2021. New Frontier is the maker of the Ocean’s Halo organic and vegan product brand, which includes nori, noodles and bowls, sauces, seasonings, kelp-based broths, and deep sea water beverages, and is based in Burlingame, CA.

2/11/2021 Conversion Labs, Inc. (NasdaqCM:CVLB) announced the closing of its private placement of 608,696 shares at a price of $23 per share for gross proceeds of $14.0 million with certain individual and institutional investors. On 2/22/2021, Conversion changed its name to LifeMD, Inc. (NasdaqCM:LFMD). LifeMD operates as an online direct-to-patient marketing and telemedicine company with a portfolio of health and wellness brands, including Shapiro MD, Rex MD, and Nava MD, and is based in New York, NY. Lucosky Brookman LLP served as legal advisor to LifeMD.

2/12/2021 Have Your Cake Kitchen LLC, dba Rule Breaker Snacks, announced that it has received an equity round of funding from new investor Bimbo Ventures. Rule Breaker manufactures brownies and blondies that are plant-based, gluten-free, non-GMO, allergy-friendly, and bean-based and is based in Brooklyn, NY. Bimbo Ventures is the venture capital arm of Grupo Bimbo, S.A.B. de C.V., a Mexico-based baking company with operations in 33 countries.

2/17/2021 Bonumose, Inc. announced that it has received $9.0 million in funding from 2 investors. Bonumose produces better-for-you sugar substitutes from globally abundant plant materials using naturally occurring enzymes and is based in Charlottesville, VA.

2/23/2021 teaRIOT, LLC announced that it has received $5.0 million in funding from 19 investors. teaRIOT produces and markets 100% plant-powered energy drinks and is based in Marina Del Rey, CA.

2/26/2021 Cambridge Glycoscience Limited announced that it has received $15.0 million in a round of funding led by existing investor Felicis Ventures Management Company, LLC with participation from Coatue Management, L.L.C., Khosla Ventures, LLC, and other investors. Cambridge is a food technology company that creates functional, nutritional, and economic replacements for sugar that work across the food industry using biological science and is based in London, United Kingdom. Felicis is a venture capital firm and is based in Palo Alto, CA. Coatue is an employee-owned hedge fund sponsor based in New York City, NY. Khosla is a private equity and venture capital firm based in Menlo Park, CA.

2/28/2021 Man Cave Foods, LLC, dba Mighty Spark Food Co., announced that it has received a round of funding from new investor Branch Brook Holdings, LLC. The terms of the transaction were not disclosed. Mighty Spark manufactures and sells all-natural chicken protein snack sticks and chicken and turkey meat cuts and patties that are antibiotic and hormone free, gluten free and soy free and is based in Minneapolis, MN. Branch Brook is a principal investment firm based in Bedminster, NJ.

3/3/2021 Copper Cow Coffee, Inc. announced that it has received $6.0 million in an equity round of funding from 19 investors. On May 4, 2021, the company announced it received $8.5 million in its Series A round of funding from Cultivian Sandbox, Arborview Capital, and other investors. Copper Cow offers sustainably-made pour-over Vietnamese coffees, teas and creamers and is based in Los Angeles, CA. Cultivian is a venture capital firm based in Chicago, IL. Arborview is a private equity and venture capital firm based in Chevy Chase, MD.

3/5/2021 RawNature5 announced that it will receive $5.0 million in funding from 2 investors. The transaction closed on 4/2/2021. RawNature5 produces plant-based protein beverages and is based in Los Angeles, CA.

3/9/2021 ReGrained, Inc. announced that it has received a round of funding from new investor Future Food Fund. Based in Berkeley, CA, ReGrained produces and markets a line of nutrition bars and puffed snacks using their SuperGrain+ ingredient that is created with a patented technology that transforms leftover malt from the brewing industry into a versatile and environmentally friendly flour that is rich in protein, dietary fiber and prebiotics, and has 75% fewer net carbs than conventional flour. Future Food is a corporate venture capital arm of Oisix Ra Daichi Co., Ltd., an online grocery and meal kit delivery company based in Tokyo, Japan.

3/11/2021 Sprout Foods, Inc. announced that it has received $28.0 million in funding from one investor. Sprout manufactures and sells organic food for babies, toddlers, and people of various ages and is based in Montvale, NJ.

3/15/2021 Eat Just, Inc. announced that it has received $200.0 million in a round of funding led by new investor Qatar Investment Authority (QIA) with participation from new investors Vulcan Capital and Charlesbank Capital Partners, LLC. Eat Just produces and markets plant-based food products including JUST Egg and is based in San Francisco, CA. QIA is Qatar’s sovereign wealth fund and is based in Doha, Qatar. Charlesbank is a private equity firm based in Boston, MA. Vulcan Capital is the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen and is based in Seattle, WA. Shearman & Sterling LLP served as legal advisor to Qatar Investment Authority. Paul Hastings LLP served as legal advisor to Charlesbank.

3/17/2021 Zywie Ventures Private Limited announced that it has received $12.0 million in its Series B round of funding led by new investor Eight Roads Ventures with participation from new investor F Prime, Inc. and returning Matrix Partners India Advisors LLP. Zywie manufactures and sells plant-based skin and hair nutrition products under its OZiva brand, as well as provides a private social fitness platform named FitCircle for individuals and corporate groups and is based in Mumbai, India. Eight Roads is a venture capital and private equity firm based in London, United Kingdom. F-Prime is a venture capital firm based in Cambridge, MA. Matrix is a private equity and venture capital firm based in Mumbai, India.

3/23/2021 Meatable B.V. announced that it has received $47.0 million in a round of funding from Section 32, DSM Venturing, and other investors. Meatable develops cruelty-free technologies for manufacturing cultured meat and is based in Amsterdam, the Netherlands. Section 32 is a venture capital firm based in San Diego, CA. DSM Venturing is a venture capital and private equity investment arm of DSM Innovation Center B.V. and is based in Limburg, the Netherlands. Osborne Clarke N.V. served as legal advisor to DSM.

3/25/2021 The Whole Coffee Company LLC announced that it has received $17.9 million in funding from 3 investors. Whole Coffee produces Nudge brand coffee bars and other products that are keto-friendly, gluten-free and made with no added sugar or soy using their IP enabled food tech equipment and processes and is based in Miami, FL.

3/25/2021 Bluu Blue GmbH announced that it has raised $8.2 million in a seed round of funding from Manta Ray Ventures Limited, Lever VC, and other investors. Bluu researches, cultivates, develops, and produces fish and seafood products from fish cells and is based in Berlin, Germany. Manta is a venture capital firm based in Cyprus. Lever is a venture capital firm based in Brooklyn, NY. Osborne Clarke Rechtsanwälte Steuerberater Partnerschaft mit beschränkter Berufshaftung served as legal advisor to Bluu.

3/30/2021 Deliciou Pty Ltd announced that it has received a round of funding from Stray Dog Capital LLC and other investors. Deliciou produces and markets healthy GMO-free, 100% plant-based snacks, meats, and seasonings. Stray Dog is a private equity and venture capital firm based in Leawood, KS.