TMRW Foods, a Vancouver, BC, Canada-based plant-based food innovation company, raised C$2M in funding.
Backers included Telus Pollinator Fund for Good, Philip Donne (former CEO of Kellogg’s Canada) and existing stakeholders.
The company intends to use the funds to increase distribution in North America.
Led by CEO Dean Blignaut, TMRW Foods is a producer of plant-based proteins out of their SQF certified facility in British Columbia, Canada. The company will launch eight products across the United States with Sprouts Farmers Market in August this year. This will increase distribution in North America to more than 1,500 retail locations and 6,000 distribution points.
TMRW products can already be found in retailers across Canada, and the USA.
FinSMEs
11/07/2022
Investors for this fundraising round include the TELUS Pollinator Fund for Good, “We feel tremendously fortunate to be able to surround ourselves with values aligned, impact driven investors that fuel our ability to execute on our mission,” said Dean Blignaut, Co-Founder and CEO of TMRW. “TMRW believes the key to plant-based success is to relentlessly pursue the creation of plant-proteins that are more flavorful, more nutritious and more accessible than those in existence today. Everything we do is with that goal in mind. It’s only through meeting the fundamental needs and expectations of the masses that we will create a solution that leads to a more sustainable food system.”