Last deal

$10M

Amount

Venture - Series Unknown

Stage

13.08.2020

Date

2

all rounds

$23M

Total amount

date founded

Financing round

General

About Company
Sol Cuisine is a Canadian food company specializing in vegan meat alternatives.

Industry

Sector :

Subsector :

founded date

01.01.1980

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Founded in 1980, Sol Cuisine produces a range of vegetarian and vegan food products that are non-GMO, gluten-free, and certified kosher and halal. They prioritize sustainability and source their ingredients from North American farms, with their soy products made from organically grown soybeans in Ontario. Sol Cuisine's SOLocal Protein project, launched in 2014 with support from the Greenbelt Fund and the government of Ontario, aims to increase the sale of Ontario organic tofu by building relationships with foodservice providers and public sector institutions. In November 2021, Sol Cuisine was acquired by PlantPlus Foods.
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M&A Details
1

Acquired by

PlantPlus Foods

announced date

12.11.2021

price

$99.59M
Local Amount - CAD 125M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$23M

Money Raised

Their latest funding was raised on 13.08.2020. Their latest investor Investeco Capital. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
BDC Capital

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Investment Banking and Brokerage Services

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Diversified Financial Services

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Financial Services, Finance

Location

Dorval, QC, Canada

count Of Investments

118

count Of Exists

19
Mike Fata

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Mike Fata is the Founder at Manitoba Harvest. He attended Institute for Integrative Nutrition.

current job

Manitoba Harvest
Manitoba Harvest

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1
Co-Investors
Investors
8
2

Number of lead investors

8

Number of investors

Investor 
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Partners 
No
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No
Venture - Series Unknown
Yes
Venture - Series Unknown
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Closed End Investments

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count Of Exists

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People

Founders
1

Dror Balshine

current job

SOL Cuisine
SOL Cuisine

organization founded

1

Dror Balshine

Employee Profiles
4
John Flanagan

John Flanagan

Chief Executive Officer

Sarah Cline

Vice president of sales

Dror Balshine

President & Founder

Activity

Recent News
1