Sol Cuisine Closes $10M Financing Round
Summary
The round was led by BDC Capital’s Industrial Innovation Venture Fund, along with existing investors EDC, New Acres, InvestEco, Planted Power, Chairman Mike Fata and CEO John Flanagan. Jonathan Goodkey, Principal with the Industrial Innovation Venture Fund will be joining the Sol Cuisine Board of Directors. Founded by Dror Balshine in 1996 and led by John Flanagan, CEO, Sol Cuisine is a manufacturer of quality gourmet plant-based food products. Made with plant-based, non-GMO ingredients, Sol Cuisines product line includes; burgers, balls, bites, sausages, fillets and roasts, that are gourmet tasting and world class quality. Sol Cuisine products are currently available in over 4,000 locations, including Whole Foods, Albertsons, Safeway, Target, Kroger, Loblaws, Sobeys and Metro.