PE Tech Report

Food & Beverages

Agronomics leads USD4m Seed Funding round for California Cultured

Agronomics, a listed company focused on the field of cellular agriculture, has led a Seed Funding Round with a USD2.2 million investment for California Cultured Inc. The financing is in the form of a SAFER (Simple Agreement for Future Equity). Global venture firm SOSV’s IndieBio also participated in the round.

Pario Ventures invests in Simply Hooked

Pario Ventures has continued to increase its investment into the Hospitality sector with an investment in Simply Hooked, which was originally launched in  New York, and opened in London in September this year.  Simply Hooked’s modern take on seafood is fresh healthy and supremely tasty. They have a new approach

Pembroke VCT invests GBP1m into food delivery disrupter Peckwater Brands

Pembroke VCT, a venture capital trust focused on backing early-stage businesses, has invested GBP1 million in Peckwater Brands, the creator of data-driven virtual food brands, which develops delivery-only, fully-serviced food concepts to increase revenue for existing restaurants, its franchisees. Launched by co-founders Leo Bradshaw and Sam Martin in June 2020,

BGF successfully exits Cooplands

BGF has successfully exited Yorkshire-headquartered bakery business, Cooplands. BGF backed the 135-year-old family business with a GBP8.5 million investment in December 2017, supplemented with GBP7.7 million follow-on funding in November 2020. Working with Paul Coopland, BGF has supported the business’ succession planning, helping to identify and recruit Belinda Youngs as

Ardian acquires majority stake in Florida Food Products

Private investment house Ardian has acquired a majority stake in Florida Food Products (FFP) through its US Buyout team from MidOcean Partners (MidOcean) for an enterprise value in excess of USD1 billion.  MidOcean initially invested in the business in 2018 and will retain a significant stake in FFP alongside Ardian.

Bregal Partners invest in Oggi Foods

Oggi Foods Inc, a manufacturer of gluten-free, organic, non-GMO frozen pizza and other food products sold in grocery stores and restaurants across North America, has secured a growth equity investment from Bregal Partners, a middle market private equity firm. Founded in 2015 and headquartered in Montreal, Oggi has rapidly become

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