Canadian start-up Phytokana developing new fava-based ingredients
“This investment marks an exciting leap forward for Canada’s plant-based ingredient sector"
Advertisement
A new Canadian-led innovation is strengthening local food manufacturing, supporting supply chain resilience, and positioning Canada as a global leader in high-value, plant-based ingredients. With support from Protein Industries Canada, Alberta start-up Phytokana Ingredients Inc., in partnership with Vancouver-based Maia Farms, is advancing a $32.5 million project to turn Canadian-grown fava beans into nutritious and sustainable ingredients for the next generation of plant-based foods. Of the $32.5 million being invested $25.9 million will come from the industry partners, and $6.6 million from Protein Industries Canada.
“This investment marks an exciting leap forward for Canada’s plant-based ingredient sector. By harnessing innovative technologies and capturing the full potential of Canadian crops, we are strengthening Canada’s position as a leading global supplier, opening up new markets and creating high-quality jobs for Canadians,” said the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions. “With support from Protein Industries Canada, one of Canada’s global innovation clusters, this project will deliver sustainable food products with increased traceability, helping Canada achieve its environmental goals while strengthening consumer confidence.”
The project brings together Canadian farmers, processors and food tech innovators to strengthen the domestic value chain for fava beans, while bringing superior products to global consumers. Using its proprietary technology, which avoids heat and chemicals, Phytokana will process novel fava varieties into protein concentrate, starch flour and fava flour with improved taste, texture and nutrition. These sustainable, high-quality ingredients retain their natural functionality, making them ideal for use in dairy alternatives, plant-based meats and other food products.
“As countries around the world look to secure their own food supply chains and diversify protein sources, plant-based ingredients, such as those that are being developed by Phytokana and Maia Farms, are becoming increasingly in demand by our trading partners,” Protein Industries Canada Senior Director of Programs Lisa Campbell said. “Projects such as this one, which help capture the economic value of creating those ingredients domestically, also position Canada as a preferred trading partner in a competitive and quickly changing world.”
In addition to commercializing their proprietary technology, Phytokana is also in the process of securing funding to construct and commission a fully automated 30,000 metric tonne a year dry fractionation processing facility. The facility, which will be built near Strathmore, AB, will allow the company to scale to meet the growing global demand.
“Our native functionality and superior sensory fava ingredients are the culmination of research and innovation in collaboration with some of the world’s leading food and beverage companies. This contribution from Protein Industries Canada primarily supports the direct investment into our custom-designed process flow, overlain with automation and advanced predictive process controls that serve to deliver value-added, sustainable and consistent quality food ingredients to global markets,” Phytokana President & CEO Chris Theal said.
The project also includes a partnership with Vancouver’s Maia Farms, a food tech company that uses fermentation to upcycle flours into high-value fermented mushroom proteins with enhanced digestibility and functional properties. Phytokana will supply Maia Farms with their fava ingredients, which Maia Farms will use to create new mycelium-based ingredients.
“Maia’s mission is to Nourish Life on a global scale. Maia has established commercial partnerships from coast to coast, building the infrastructure to establish Canada as a leader in mushroom-based protein ingredients and fermentation technology. Maia’s ingredients for food manufacturers are nutrient dense, sustainable, and delicious. With the support of Protein Industries Canada, Maia will further advance its biomass fermentation technology, upcycling Phytokana’s fava ingredients into value-added, sustainable ingredients. We are grateful to expand this valuable partnership,” Maia Farms CEO Gavin Schneider said.
Other news from the department business & finance
Most read news
More news from our other portals
Something is happening in the food & beverage industry ...
This is what true pioneering spirit looks like: Plenty of innovative start-ups are bringing fresh ideas, lifeblood and entrepreneurial spirit to change tomorrow's world for the better. Immerse yourself in the world of these young companies and take the opportunity to get in touch with the founders.