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Food Venture Financing News - Weekly Issue No. 208

JD Supra: Mergers

PepsiCo announced that it will acquire Siete Foods, a popular Mexican-American food brand, for $1.2 Mondelēz International’s corporate venture capital arm has announced that it purchased a minority stake in Urban Legend, a UK-based fresh doughnut and pastry business, for an undisclosed sum. By: Davis Wright Tremaine LLP

Food 161
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Food delivery is seeing more consolidation: GrubMarket snaps up FreshGoGo

TechCrunch: M&A

billion, food delivery and supply chain startup backed by Tiger Global, BlackRock and nearly 100 other investors, has snapped up another food delivery startup on its consolidation march: It is acquiring FreshGoGo, a New York-based, B2C platform selling Asian groceries and ready-made dishes. GrubMarket, the $3.6-billion,

Food 219
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Food Venture Financing News - Weekly Issue No. 206

JD Supra: Mergers

Food Venture Financing Trends - Formo, a fermentation startup that develops alternative cheeses, announced that it raised $61 million in its Series B round. By: Davis Wright Tremaine LLP

Food 172
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Beverage & Food Industry in 2024: 10 Hot Topics for Beverage & Food Industry Founders, Investors, and Executives

JD Supra: Mergers

2023 was a pivotal year for the beverage and food industry globally, creating new categories of winners and losers across the board. With a full year of operations largely relieved of pandemic-era restrictions, restaurant companies that survived the pandemic posted record numbers.

Food 204
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Just Miles from Kroger’s Court Battle, a Food Desert Shows What’s at Stake

The New York Times: Mergers, Acquisitions and Dive

In a Portland suburb, residents already know what deteriorating access to fresh food looks like. Federal regulators are trying to block Kroger’s merger with Albertsons.

Food 129
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Food Venture Financing News - Weekly Issue No. 165

JD Supra: Mergers

Food Venture Financing Trends - Nongshim, a South Korean food and beverage company, announced that it is investing $7.4 million in developing foodtech startups and technologies. By: Davis Wright Tremaine LLP

Food 161
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Food Venture Financing News - Weekly Issue No.166

JD Supra: Mergers

Food Venture Financing Trends - - Ferrara Candy announced that it plans to buy Jelly Belly Candy, the prominent jelly bean business, for an undisclosed amount. Tyson Foods announced that it plans to make a strategic minority investment in Protix, an insect protein startup company. By: Davis Wright Tremaine LLP

Food 161