Diligence memo · auto-generated · as of July 2, 2026

MUSH Foods Inc.

MUSH Foods Inc. looks fair against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

MUSH Foods Inc. operates in Agtech / Foodtech, based in CHICAGO.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

MUSH Foods Inc. has raised $27M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $23M on 2022-08-26.

Most recent recorded round closed around 2022-08-26.

Valuation (modeled)modeled

Provath models MUSH Foods Inc. at approximately $166M (range $54M–$425M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.36× the median modeled value of Series B Agtech / Foodtech companies in 2022–2024 (13 peers) — value vs value, same stage and era. Within the normal band (136% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 16 months.

Last raise 3.8 yr ago; this sector typically re-raises about every 14 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

The last round stepped up 5.5× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 91% of Agtech / Foodtech peers (481 compared).

Modeled value ranks above 94% of those peers.

Closest niche peers: Good Day Farm Louisiana, LLC, Eclipse Foods Co, Partake Foods, Inc., Bond Pet Foods, Inc., Cloud Agronomics Inc..

Peoplefiled

5 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.