Sunday, January 7, 2024

Horizon Organic, Wallaby from Danone acquired

Businesses were put under strategic review in 2023.

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QUOTE OF THE WEEK
left quotemark We attribute the decline in venture-growth-stage funding to the pullback of nontraditional investors, which have limited capital availability for startups, particularly those in late and venture growth stages. These mature startups may need to explore costly, nondilutive financing options such as venture debt or seek new equity investors at reduced valuations. right quotemark

— Alex Frederick, senior analyst in emerging technology at Pitchbook

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