In This Issue:
- Food Venture Financing Trends
- CPG Corporate Venture and Private Equity Fund
Food Venture Financing Trends
- CVC Capital Partners entered into an agreement to purchase IFF 's food ingredients business for $4.3 billion.
- Phytolon, a company focused on natural colorants, announced that it raised $23.6 million in its Series B financing.
- Brami, a high-protein pasta and snack brand, announced that it raised $33 million in its Series B financing.
CPG Corporate Venture and Private Equity Fund
This week's featured corporate venture and private equity fund is Rich Products Ventures.
- Rich Products Ventures (RPV), a division of the family-owned Rich Products Corporation, known for its expertise in frozen food, offers a mix of operational, technological, and investment expertise enhanced by its broad network and global footprint with team members across the United States and China.
- RPV is committed to delivering maximum value to their portfolio companies through four key areas of focus:
- Nutrition & Health
- Sustainable Production
- Next Generation of Retail & Foodservice
- Dynamic Supply Chain
- Some of its portfolio companies include the following:
- Doughlicious
- Botrista
- Ripple
- Thistle
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