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4 Mins Read Toronto-based cultivated meat player Evolved Meats, formerly known as CaroMeats, has secured $2 million in a seed funding round. Investment was led by Maple Leaf Foods, one of Canada’s largest protein companies. Big Idea Ventures, Garage Capital, and Saltagen Ventures also participated, alongside others. Seed funding was raised to support Evolved as it transitions from […]
3 Mins Read Alternative dairy company Plant Veda has created vegan lassi (an Indian yogurt drink) from cashews and real fruits without cane sugar that contains gut-healthy probiotics in order to encourage more people to transition to a healthy plant-based diet and move away from animal milk products. Vancouver-based Plant Veda has made innovations in its cashew-based milk […]
2 Mins Read In a world first, alternative protein and dairy restaurant chain player Globally Local debuted on the Toronto Stock Exchange’s Venture Exchange (TXCV) on April 16, thus becoming the first vegan fast-food company to go public in the country. Canada-based food tech firm Globally Local develops its own proteins and dairy alternatives that are then incorporated […]
2 Mins Read Sol Cuisine Inc., long-time plant-based brand headquartered in Ontario, has recently secured C$10 million (US$7.6 million) in a funding round led by BDC Capital’s Industrial Innovation Fund, the venture arm of Canada’s national development bank. The new capital injection will be used to help Sol Cuisine continue expanding its product innovation and distribution as consumer […]