Sophie’s Kitchen Secures $5.6M Investment

Sophie’s Kitchen Inc., a disruptive innovator and rapidly growing leader in the plant-based food industry, announced that it has secured a $5.6 million investment that was led by Billy Goat Brands Ltd., which is a publicly-listed venture capital platform with a focus on the blue economy. The funding will support the growth of the Sophie’s Kitchen brand, product innovation, and the Company’s overall mission of making a positive difference globally by changing unsustainable and unethical industries into ones that are.

Since 2010, Sophie’s Kitchen has created seafood alternatives that enable people to eat plant-based food without giving up the flavors and textures that they love. The brand is free of preservatives; is gluten-free, soy-free, and non-GMO; and it offers a product portfolio full of great taste and clean, guilt-free alternatives. Sophie’s Kitchen also strives to raise awareness around the destruction of ocean ecosystems and the wildlife that lives within them, by providing healthy, plant-based seafood alternatives suitable for most lifestyles.

“We at Sophie's Kitchen believe in the same mission – to save lives and protect the planet, one meal at a time," says Sophie’s Kitchen CEO, Dr. Miles Woodruff. "The best way to achieve this goal is to create plant-based foods craved by vegans and meat-lovers alike, while making our products accessible to consumers so they can also join our mission for change,” added Dr. Woodruff.

Billy Goat Brands is a venture capital platform listed on the Canadian Stock Exchange under the “GOAT” stock symbol, which is focused on maximizing its exposure to high-growth companies with environmental, social, and governance-based values in key industries including but not limited to functional foods, plant-based proteins, and nutraceuticals.

“Sophie’s Kitchen is changing the game in plant-based foods, and we couldn't be more excited to help them embark on their next chapter of growth,” adds Tony Harris, Chair and CEO of Billy Goat Brands. "We believe in Sophie’s Kitchen’s mission of not just making plant-based products accessible to everyone, but by providing elevated transparency, cleaner ingredients, and unrivaled taste to their brand loyalists and future consumers.”

News and information presented in this release has not been corroborated by FSR, Food News Media, or Journalistic, Inc.