Acquiring Company
Big Idea Ventures
Acquired Company
DisSolves
Description
Generation Food Rural Partners I, LP (GFRP) has expanded its portfolio with its agreement to acquire Pittsburgh-based DisSolves, Inc. DisSolves has created a patented technology that uses biodegradable and edible components to create films and packaging materials that dissolve easily in water, milk, and juice. The acquisition aims to advance DisSolves' innovations in edible films and bring their unique vision to the market, reinforcing GFRP’s commitment to driving economic growth and development in rural communities.
Quick answer
Big Idea Ventures is acquiring DisSolves, announced January 30, 2024. Big Idea Ventures is based in New York, United States.
- How much did Big Idea Ventures pay for DisSolves?
- The deal value was not disclosed.
- What does Big Idea Ventures do?
- GFRP is a part of Big Idea Ventures (“BIV”), the world’s most active investor in FoodTech, investing in the best food technology and AgriTech companies globally.
- Where are Big Idea Ventures and DisSolves based?
- Big Idea Ventures is based in New York, United States. DisSolves is based in Pittsburgh, Pennsylvania, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired DisSolves?
DisSolves was acquired by Big Idea Ventures, based in New York. The deal was reported on January 30, 2024. GFRP is a part of Big Idea Ventures (“BIV”), the world’s most active investor in FoodTech, investing in the best food technology and AgriTech companies globally. Big Idea Ventures is privately held and operates in Venture Capital.
When did Big Idea Ventures acquire DisSolves?
Big Idea Ventures's acquisition of DisSolves was reported on January 30, 2024. Generation Food Rural Partners I, LP (GFRP) has expanded its portfolio with its agreement to acquire Pittsburgh-based DisSolves, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DisSolves do?
DisSolves, Inc. is a material science company that has created a patented technology using biodegradable and edible components, recognized as safe to create films and packaging materials. It is privately held, operating in Food And Beverage, and is based in Pittsburgh.
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