Weis Markets Announces $150M Cap-Ex Plan
Weis Markets, Inc. Chairman, President and Chief Executive Officer Jonathan H. Weis today updated shareholders on the company’s plans to invest $150 million in its growth in 2022. …
Capital
Daily Harvest Secures Series D Funding to Help Americans Eat More Fruits and Vegetables Every Day
Daily Harvest, the customer-first platform reimagining the future of food, today announced that it has secured Series D funding, valuing the company at over $1 billion. The round was led by Lone Pine Capital with existing company investors. Founded by Rachel Drori, 39, Daily Harvest plans to leverage the investment to advance the company’s mission and make organic and regenerative fruits and vegetables more accessible across the country. …
New Age Meats Raises $25M in Series A Funding to Speed Development of Cultured Meat
New Age Meats announced today that it has raised $25 million in Series A funding, a crucial milestone that will allow the Berkeley-based cultured meat company to begin production by 2022. …
GOOD Meat, a Division of Eat Just, Inc., Raises $267M, Adds Former USDA Secretary to Advisory Board
Eat Just, Inc., a company that applies cutting-edge science and technology to create healthier, more sustainable foods, announced that its GOOD Meat division has secured $97 million in new funding, adding to the initial $170 million publicized in May. The overall $267 million fundraise is the largest to date in the burgeoning cultivated meat sector, which analysts predict could become a $25 billion global industry by 20301. …
Blue Apron Announces Planned $78M in Equity Capital Raise, Including a $45M Fully Backstopped Rights Offering and Sale of Additional Shares of Class A Common Stock and Warrants for $33M
Blue Apron Holdings today announced $78.0 million of a planned equity capital raise, including a $45.0 million fully backstopped rights offering to holders of its Class A common stock and holders of certain warrants to purchase Class A common stock, a private placement with the backstop provider, an entity affiliated with Joseph N. Sanberg, for gross proceeds of $30.0 million, which will close promptly following the consummation of the rights offering subject to customary closing conditions, and the closing of a $3.0 million private placement with Matthew B. Salzberg, the company’s co-founder. …
