Nabati Foods Global Inc, a family-founded food tech company offering whole, natural, plant-based, gluten, and soy-free foods, today announces a capital raise of $7.7 million following a year of “explosive growth” and a restructuring to Nabati Foods Global Inc. with a new corporate headquarters in Vancouver. The company also states its plans to become a publicly listed company in the near future.
Canada’s Nabati Foods Announces Global Expansion Beginning with Asia and Europe
Canadian plant-based food tech company Nabati Foods Global is expanding its distribution into new markets, with its whole and natural products now available in Asia for the first time and Europe next in line for the recently restructured brand. “We are on a mission to lead the evolution of food, and that means expanding our geographic footprint beyond North America” Nabati’s signature cheesecake is now available in Hong Kong, the Virgin Islands, and Hawaii, in addition to more than 700 stores in North America. Next up for the Edmonton-based company is European distribution, after securing a deal with major food broker the Saralex Group. This deal represents Nabati’s first foray into Europe, with distribution expected to start on the Iberian peninsula in Portugal and Spain …