Deals this week: Rays Culinary Delights, Yofix Probiotics, Barry Callebaut
Rays Culinary Delights has announced that it has secured pre-Series A funding from various investors.
Rays is an Indian vegetarian restaurant chain operating under the brand name Sattviko.
Israel-based Yofix Probiotics has secured $2m in Series A funding led by Strauss Health Fresh Vegetables.
Participants of the round included individual investors from the US, UK and Israel.
Yobix develops and manufactures fermented plant-based prebiotic and probiotic foods.
Global chocolate products manufacturer Barry Callebaut has signed an agreement with US-based Gertrude Hawk Chocolates to acquire the latter’s ingredient division.
Barry Callebaut intends to expand its portfolio with the inclusion of new technologies and processes to make ice cream and baking products, through the transaction.
It also aims to expand its specialities and decorations business in North America through the acquisition.