Canada's Nabati Global Foods raises funds ahead of proposed IPO

It will also use the proceeds to develop the business, including a planned plant expansion and the purchase of new equipment. Nabati Foods’ chief executive Ahmad Yehya said in a statement: “This financing puts Nabati in an even more robust position to expand our production capacity to meet growing demand from grocery, foodservice, and industrial customers, while also supporting product development and innovation. Alchemer is a professional survey software tool with extensive question types and countless other features. Nabatis portfolio includes dairy-free cheesecakes, cheese alternatives, and plant-based meats and seafood such as faux chicken and fish burgers. Executive chairman Don Robinson said Nabati plans to expands its presence across North America "and eventually into Europe, commensurate with the demonstrated interest from investors and customers".