Natural Products Canada Invests $1M in Five Innovative Companies, Advancing Canada’s Bioeconomy

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Postmedia has not reviewed the content. by Business Wire Natural Products Canada Invests $1M in Five Innovative Companies, Advancing Canada's BioeconomyAuthor of the article:HALIFAX, Nova Scotia — Today Natural Products Canada (NPC) announced a $1,016,330 investment across five early-stage companies. This brings its total investment to over $15.2 million across more than 100 Canadian start-ups.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe five funding recipients — Novagevity, Catalera Biosolutions, Toothpod, Sustainable Bioproducts Innovations (SBI), and Naturfect Natural Solutions — reflect the breadth of Canada’s bio-based innovation pipeline. They are developing solutions in plant-based nutrition and meal replacement, functional foods, agricultural biologicals and seed technology, sustainable fat-replacement ingredients, and natural household and personal care. NPC’s investment will enable $2,543,328 in total project activities across three provinces.This advertisement has not loaded yet, but your article continues below.“These five companies show how deep Canada’s natural products innovation runs, from the food on our tables to the products under our sinks. They now find themselves at the exact moment NPC is built to support: scaling up, running the trials that customers and investors expect, and getting Canadian-made solutions onto shelves and into fields. Being in early with companies like these is where our support does the most work, and we are proud to be there for all five.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againShelley King, Founder & CEO, Natural Products Canada“Whether it’s in plant-based nutrition or seed technology, Canada’s economy is creating innovative solutions that strengthen our economy, improve sustainability and open new opportunities for Canadian businesses. Through investments like this one, we are helping promising Canadian companies bring new products to market, attract investment and scale their innovations at home and around the world. I congratulate Novagevity, Catalera BioSolutions, Toothpod, Sustainable Bioproducts Innovations and Naturfect Natural Solutions for advancing Canadian ingenuity and helping build a stronger, more competitive economy for the future.”The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec RegionsThis investment is supported by the Government of Canada’s Strategic Response Fund. It is building momentum behind NPC’s bioeconomy leadership across the country and around the globe. NPC’s Commercialization Programs bridge the gap between innovation and market success for early-stage companies.Portfolio companies have leveraged every dollar of NPC investment to secure an additional $51 in follow-on capital. This creates a powerful multiplier effect.Through Proof of Concept, Fast Track to Financing, and Access to Talent streams, NPC acts as a “strategic angel,” providing financial support, guidance and connections to its network.Details of the five recipients of our Commercialization Program investment are listed below. For more information about these companies and their innovations, or to explore collaboration opportunities with Natural Products Canada, please contact: info@naturalproductscanada.comCommercialization Program RecipientsNovagevity Program: Proof of Concept Project Budget: $861,507 NPC Contribution: $344,602 Province: Nova Scotia Novagevity has developed Canada’s first plant-based, organic, allergen-free complete meal replacement beverage under its Sperri brand. This project will validate and optimize two new products: Sperri Control, targeting glycemic health, and Sperri Kids, a pediatric oral nutrition supplement. Both deliver higher protein and fibre with lower sugar, while remaining free of gluten, soy, dairy, and artificial ingredients.This advertisement has not loaded yet, but your article continues below.Catalera will undertake a proof-of-concept project to advance its natural wax-based microencapsulation platform for biological seed treatments. The project will validate their seed coating technology in the field under Canadian agronomic conditions, generating the data required to assess technical performance and commercialization readiness.Toothpod is a functional chewing gum that supplements oral hygiene when conventional tools are not available. It delivers anti-inflammatory, anti-microbial, and remineralizing agents shown to support oral health. This funding supports customer discovery and market segmentation work to identify Toothpod’s ideal customer groups and translate those insights into a go-to-market strategy.Sustainable Bioproducts Innovations (SBI) SBI is scaling and validating 0Fat™, a plant-based, allergen-free fat-replacement platform made from chia-derived mucilage and food-grade dietary fibres. The technology can replace a large share of fats and oils across sauces, spreads, dairy analogues, and baked goods without compromising taste or texture. This project advances production scale-up and validation for commercial food applications.Naturfect Natural Solutions Naturfect has developed a high-performance, plant-based laundry detergent under its Liquid Earth line. The formulation pairs advanced surfactant and enzyme chemistry to match the cleaning performance of leading conventional detergents while keeping a non-toxic, plant-derived ingredient profile. This project will support a scale-up demonstration trial of the product.About Natural Products CanadaNatural Products Canada (NPC) is the driving force behind Canada’s Natural Product Innovation Cluster, a strategic and diverse community focused on the development and commercialization of naturally-derived products and technologies in agriculture and agri-food, health and life sciences, natural resources, and sustainable bioproducts. As part of its role in the Cluster, NPC offers in-depth advice and a strategic suite of commercialization programs to Canadian early-stage companies and research institutes; provides connections and innovation scouting services to corporations and investors; and leverages an investment fund (Nàdarra Ventures) to help develop and de-risk promising Canadian opportunities. NPC has received financial support from the Government of Canada’s Strategic Response Fund, administered by the Department of Innovation, Science and Economic Development, and the Centre of Excellence in Commercialization and Research (CECR) program, administered by the Networks of Centres of Excellence.View source version on businesswire.com: This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.