Chef Woo noodles beef in bag

© Chef Woo / Borealis Foods

Company News

Borealis Foods: What Happened with the Gordon Ramsay-Backed Ramen Producer?

Borealis Foods, a Canadian food tech company, was established in 2019 with a stated mission to tackle global food insecurity through innovative, nutritious food products. The company launched its Chef Woo ramen line in 2020, aiming to provide a high-protein vegan alternative to packaged ramen at an accessible price point. Chef Woo, marketed as “the world’s first vegan ramen noodle brand,” features traditional ramen flavors such as Roasted Chicken, Braised Beef, and Thai Lemongrass. The company’s products are available in over 15,000 retail locations across the US and Canada, including Walmart, Aldi, and Amazon.  In addition to Chef Woo, Borealis Foods’ portfolio includes Ramen Express, another plant-based noodle brand, and options tailored for foodservice. The company is also expanding its non-retail efforts, such as providing …

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Chef Woo noodles beef in bag

© Chef Woo / Borealis Foods

Company News

Borealis Foods Inc, Maker of Gordon Ramsay-Backed Chef Woo Vegan Ramen, Announces NASDAQ Listing

Ontario-based Borealis Foods, a food tech company focused on vegan ramen products, announces today that it will commence trading on the Nasdaq under the ticker “BRLS” on February 8, 2024, following the closing of its previously announced business combination (“the Business Combination”) with Oxus Acquisition Corp. (“Oxus”). Borealis explains its focus on ramen products, stating that the noodles are enjoyed by over 5 billion people in a $40B global market, making it the most widely consumed packaged food on the market. “It is shelf-stable, convenient and offers one of the highest turnover for retailers. The category is ripe for disruption in a market limited by product differentiation, low retail profit margins, lackluster new product development and poor consumer perception,” says the Canadian brand. Ramsay’s touch …

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