Spindrift Acquisition, Valuation, Funding & Investors

Blank Street is a Brooklyn-founded coffee chain started in 2020 by Vinay Menda and Issam Freiha, who began by selling coffee from an electric-powered cart. The company operates small-format stores across the US and UK offering coffee, matcha, snacks, and ice cream at prices below large chains such as Starbucks and Dunkin'. Blank Street has grown to more than 100 locations, using high-tech espresso equipment and mobile ordering to keep store footprints and staffing costs low.

Meati is a Boulder, Colorado-headquartered producer of mushroom mycelium-based meat alternatives. Products like Steak, Cutlet, and Crumble replicate chicken and beef textures using whole-food fungi grown in vertical farms. Available in U.S. retailers including Kroger and Whole Foods, Meati scaled production at a Pueblo facility opened in 2022. Founded in 2016 as Emergy Foods.

REBELS 0.0% is a Copenhagen-based producer of non-alcoholic spirits mimicking whiskey, gin, tequila, and rum profiles. It distills botanical extracts and natural flavors to deliver 0.0% ABV beverages with authentic taste and aroma. Distributed in Europe and North America, REBELS products appear in bars, retailers, and e-commerce, supporting sober lifestyles. The company promotes choice through premium packaging and recipes for classic cocktails without alcohol.

Dodla Dairy Ltd is an integrated dairy company based in south India. The company is engaged in one business segment namely the Food segment. It offers a range of milk products comprising of Fresh Milk, Butter, Ghee, Paneer, Curd, Flavoured Milk, Doodh Peda, Ice Cream, and Skimmed Milk Powder. The group sells the products in India and Outside India, of which key revenue is derived from India.

Kasapreko PLC is a Ghanaian beverage manufacturer. It is engaged in producing herbal based alcoholic and non-alcoholic products. The company's product portfolio and services span alcoholic and non-alcoholic beverages, including bitters, whiskey, gin, liqueur, brandy, carbonated soft drinks, and wine categories.

International Dairy Products is a processor and distributor of dairy goods in Vietnam. The company manufactures UHT milk, yogurt, cheese, and butter under its IDP brand, sourcing from local farms for fresh and ambient-stable products. Based in Ho Chi Minh City, International Dairy Products supplies supermarkets, hotels, and export markets across Southeast Asia with pasteurized and powdered dairy lines meeting HACCP and ISO standards.

Rogers Sugar Inc is a Canada-based sugar-producing company. Along with its subsidiaries, it offers products like Brown sugar, Yellow sugar, Icing sugar, and other related sugar products. The company operates in the following reportable segments: Sugar and Maple. The Sugar segment which generates maximum revenue is engaged in the refining, packaging, and marketing of sugar products; and the Maple segment processes pure maple syrup and related maple products. Geographically, the company derives a majority of its revenue from its customers in Canada and the rest from the United States, Europe, and other regions.

Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.

Ricegrowers Ltd is engaged in offering varieties of rice and related products. The business activities of the company are operated under Rice Pool, International Rice, Rice Food, Riviana, CopRice, and Corporate segments. The principal activities of the company and its entities consist of the purchase and storage of paddy rice, the milling, processing, manufacturing, procurement, distribution, and marketing of rice and related products, animal feed and nutrition products, groceries, and others. The company generates maximum revenue from the International Rice segment.

Mama's Creations Inc is a marketer and manufacturer of fresh deli-prepared foods, found in grocery, mass, club, and convenience stores nationally. The company’s broad product portfolio, born from a rich history in Italian foods, now consists of a variety of high-quality, fresh, clean, and easy-to-prepare foods to address the needs of both consumers and retailers. The brand of the company includes Mama's Creations, Mama's Mancini's, The Olive Branch, Creative Salads, and others.

Once Upon a Farm PBC is a provider of baby food products. The company provides childhood nutrition with real, organic, farm-fresh food-made with no added sugar, no preservatives, and nothing artificial. Its products are available at retail customers, including Target, Whole Foods, Kroger, Walmart, Publix, and Wegmans. Its key products include Smoothies, Yogurt, Milk Shakes, Oat Bars, etc.

ForFarmers NV is an animal nutrition company. Its core business is the supply of high-quality feed solutions at competitive prices for livestock farming. The Company provides compound feed, specialties, feed additives, and co-products, supported by formulation, nutrition, innovation, procurement, feed milling, logistics, and delivery, and on-farm advisory services. Feed solutions are offered for ruminants, pigs, poultry, and horses, with activities also including organic feed through Reudink and residual flows through Van Triest CirQlar. The Company operates across the Netherlands, Germany, the United Kingdom, Poland, Belgium, and other countries, with the majority of its revenue generated in the Netherlands.

Cem Zeytin AS is engaged in production of pickled black and green olives, olive storage, processing and packaging.

Lesieur Cristal SA is engaged in packaging and marketing of various brands of oils, soaps and hygiene products. The company's product range includes table oils, olive oils, soaps, detergents, and other related products.

Perfect Day is a Berkeley, California-headquartered biotech firm producing animal-free whey and casein proteins identical to dairy counterparts using precision fermentation. Founded in 2014, it partners with Nestlé for ice cream and Mars for chocolate products, scaling production at a 30,000-liter fermenter facility. The proteins appear in Brave Robot ice cream sold nationwide and The urgent Cow milk. Perfect Day's process reduces cow methane emissions equivalent to 379 million gallons of milk annually.

Oatside, operated by Float Private Limited, is a Singapore-based oat milk manufacturer that launched Singapore's first oat milk brand in 2022. The company controls its supply chain end to end, from sourcing Australian oats and spring water to in-house manufacturing, and its product line includes oat milk, flavored milk, oat lattes, and ice cream. Oatside sells across Singapore, Malaysia, Indonesia, South Korea, and Taiwan, positioning itself to lead the shift toward plant-based milk in Asia.

Tongcheng Shenghuo is a Hefei-based community O2O group-buying platform delivering fresh produce, daily necessities, beauty products, flowers, and crafts through neighborhood sales offices. The service handles supply chain logistics, warehousing, and after-sales support for residential communities across central China.

Goldbelly is a New York-based online marketplace shipping gourmet foods from US restaurants nationwide. It connects eateries like Frankie's Pizza and Joe's Kansas City Bar-B-Que with customers for overnight delivery of pizzas, cheesecakes, and regional specialties. Launched in 2013, the platform partners with over 200 iconic producers and handles logistics via UPS Next Day Air. Goldbelly expanded into meal kits and corporate gifting.