Food Venture Financing News – Weekly Issue No. 259

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Davis Wright Tremaine LLP

In This Issue:​​​

  • Food Venture Financing Trends
  • CPG Corporate Venture and Private Equity Funds

  • Agtonomy, a California-based ag robotics company, closed an $18 million Series B round.
  • Chobani, a food company specializing in Greek yogurt, raised $650 million, to grow production and support innovation.
  • Keurig Dr Pepper has landed $7 billion in capital from private equity firms to finance its $18 billion purchase of JDE Peet's.

CPG Corporate Venture and Private Equity Fund

This week's featured corporate venture and private equity fund is BRF S.A.

  • BRF S.A., based in Brazil, is one of the largest global food companies. It has nearly 100,000 employees working out of 120 countries.
  • With global performance, BRF builds brands considering the particularities of each market.
  • BRF offers more than 3 thousand products with emphasis on flavor and quality.
  • Some of the portfolio companies include:
    • Calybom
    • Banvit
    • Deline
    • Borella
    • Qualy
    • Sadia
    • Bom Sabor
    • Confidence
    • Kidelli

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Davis Wright Tremaine LLP

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