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CFIN

Mara Renewables raises $39.5M in growth equity

Mara Renewables Corporation (Dartmouth, N.S.), a producer of sustainably grown algae-based bio-products, successfully closes an initial equity raise of $39.5 million. The growth funding round was made possible by lead investor InvestEco Capital and follow-on investors BDC Capital, Export Development Canada, MacKinnon, Bennett & Company, Thai Union Ingredients Co, and existing investors.


Resistant starch potato ingredient Solnul earns Upcycled Certification

MSP Starch Products, a Canadian-based starch producer, receives Upcycled Certified status for its patented Solnul resistant potato starch ingredient after meeting the standards set forth by the Upcycled Foods Association.


Endress+Hauser launches the in-line Teqwave H analyzer

Endress+Hauser’s new in-line Teqwave H analyzer enables users to monitor sugar content in fruit juices and distilled beverages or the concentration of cleaning agents in the food and beverage industry.


Above Food to acquire quinoa supplier NorQuin

Above Food Corp. will be acquiring Northern Quinoa Production Corp., a vertically integrated producer of quinoa. As one of North America’s largest suppliers of quinoa, the acquisition will add a scaled portfolio of specialty ingredients to the Above Food platform.


Watch Webinar: The Upcycling Phenomenon

Missed our webinar on “Turning Waste into Food: The Upcycling Phenomenon?” You can now watch it for free.
 
 
Sponsored Spotlight 
 
FlavorSum

Jumpstart your Nutritional Gummy Project with FlavorSum!

Did you know that about 4 in 10 US consumers prefer taking vitamins, minerals, or supplements in gummy form? (Mintel) The popular confectionery format has long been a common way to deliver functionality to consumers. But how do formulators ensure the right level of functionality without compromise on taste to deliver a product that inspires consumer loyalty? FlavorSum’s latest Deep Dive offers formulating tips and trending data to inform and inspire your next nutritional gummy launch. » Learn more
 
FEATURED News 
 
Humble Snacks

The ‘humble’ potato gets a sustainable makeover

Humble Snacks, Inc., is disrupting the snack industry with the Humble Potato Chips, Canada’s first plastic-free packaged, organic potato chips. Founded by Jeff and Alicia Lahey, the chips—made from locally sourced, organic potatoes—are traditionally cooked with the skins and lightly dusted with seasoning. In an e-interview, Alicia and Jeff share their journey so far and future plans. » Read full article
 
A taste of Lebanon

A taste of Lebanon

Ontario-based Cedar Valley Selections is known for creating Canada’s first bottled fattoush salad dressing. The company has since expanded its Lebanese-infused product line to six dressings and three pita chip flavours. In an e-interview, Ameen Fadel, co-founder and CEO of Cedar Valley, shares his inspiration and the challenges encountered on his entrepreneurial journey. » Read full article
 
Regulatory Affairs

Regulatory Affairs: Supply chain constraints versus compliance

The current supply chain and inflationary challenges will remain with us for some time. However, the Canadian Food Inspection Agency has introduced measures to provide manufacturers compliance flexibility in managing supply challenges. » Read full article
 
EVENTS 
 
Survey

Canadian Food Summit

Location: Guelph, Ont.
Dates: June 1 – 3, 2022
» Learn more

2022 Supporting Women in Trades Conference

Location: St. John’s, N.L.
Dates: June 2 – 3, 2022
» Learn more

Arrell Food Summit

Location: Online and Toronto
Date: June 7, 2022
» Learn more