Nepra Foods

Nepra Foods is a vertically integrated plant-based food and ingredients company specializing in textured hemp protein (THP). Its portfolio includes dairy alternatives, egg replacement powder, bake mixes, ready meals, and specialty ingredients that are available through B2B and D2C channels under its CPG brands.

In February 2022 , Nepra Foods invested USD 550,000 to expand its strategic partnership with a major Indian manufacturer, allowing the company to expand its capacity. This investment also enabled Nepra to expand the R&D efforts of its proprietary plant-based egg replacement powder, which began commercial production and in-plant testing in November 2022 .

Key Partnerships  

In February 2023 , Nepra Foods partnered with a national bread producer–marking its first commercial partnership–to use the company’s vegan egg substitute in bread production.

In March 2023 , Nepra Foods announced its partnership with global agribusiness company Scoular to manufacture and distribute plant-based ingredients. The agreement entails the partners using Nepra’s R&D for new product development and specialty ingredients from both companies. Scoular has also agreed to offer Nepra products through its global supply chain network.

Funding and Financials

In September 2021, the company was listed on the Canadian Stock Exchange (ticker: NPRA) and raised CAD 7.5 million (~USD 5.6 million) in an oversubscribed IPO.