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Radar · Food & Beverage Products in Montreal

Best Food & Beverage Products Companies in Montreal, Canada

The 40 best Food & Beverage Products companies in Montreal, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: ACTIVATE Drinks.

40companies tracked
$88.1Mdisclosed funding
0unicorns
10have raised
FLIAR INTELLIGENCE · FOOD & BEVERAGE PRODUCTS × MONTREAL

Our analysis of 150 Food & Beverage Products companies

$9.5b in tracked funding; 93% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

150companies analysed
93%cloud-native stacks
2024funding peak (by rounds)
4unicorns
2017median founding year
277kcombined LinkedIn audience
91%of audience held by top 3
1companies hiring publicly (12 mo)

Ranked: Best Food & Beverage Products companies in Montreal

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1ACTIVATE Drinks
Brand of energy drinks
$38M167 mo agoSeries BBurke Eiteljorg
Owner
2007——
2Mid-Day Squares
Internet-first brand offering chocolate & superfoods
$16M52 mo agoSeries CLezlie Karls
Co-Founder & CEO
2018Cart FunctionalityShopifyPrivy App+30—
3OatBox
Online platform offering a breakfast subscription box
48Innovation top 33%Product top 36%Tech top 37%Funding top 40%
All 8 signals ▾
Innovationtop 33%
Producttop 36%
Techtop 37%
Fundingtop 40%
Growthtop 45%
Globalbottom 36%
Marketbottom 31%
Newsbottom 18%
Innovation: 7 product lines
Product: 7 distinct product lines · Company stage: Series A
rank vs industry peers · Fliar Intelligence Index 48/100
$12M28 mo agoSeries A—2014Cart FunctionalityShopifyTypeScript+271 partnership
4FODY Foods
Manufactures and markets sauces and dressing
$11M68 mo agoSeries BSteven Singer
Founder & CEO
2016Cart FunctionalityShopifySentry+44—
5Buddha Brands
Brand of selling snack bar
$8M46 mo agoSeries AMark Cigos
Co-Founder
2010Cart FunctionalityShopifyAccentuate Custom Fields+211 expansion
6Opalia
Brand of milk
19News top 32%Funding top 41%Talent bottom 49%Tech bottom 45%
All 7 signals ▾
Newstop 32%
Fundingtop 41%
Talentbottom 49%
Techbottom 45%
Partnersbottom 40%
Globalbottom 38%
Marketbottom 18%
News: 4 BI events in 12 mo (of 8 tracked, 3 types) · Top themes: Funding, Contracts
Funding: Raised $1.6M across 3 rounds · 3 rounds over 4 yrs (0.8/yr)
rank vs industry peers · Fliar Intelligence Index 19/100
$2M4 mo agoSeedJennifer Côté
CEO & Co-Founder
2020Cart FunctionalitySquarespace CommerceSquarespace+15—
7Dispatch Coffee
Brand of coffee
$958K72 mo agoSeedChrissy Durcak
Founder & CEO
2012ContentfulNode.jsReact+12—
8Oggi Foods
Brand of multiple food
—59 mo agoSeed—2015WordPressMySQLPHP+27—

Top 11 Food & Beverage Products companies in Montreal

#1
Seed · Montreal, Quebec · founded 2020 · 4 employees
$1.6Mraised
▾

Brand of milk

Fliar Intelligence Index™ 19how this company ranks against its industry peers
News
top 32%
Funding
top 41%
Talent
bottom 49%
Tech
bottom 45%
Partners
bottom 40%
Global
bottom 38%
News: 4 BI events in 12 mo (of 8 tracked, 3 types) · Top themes: Funding, Contracts
Funding: Raised $1.6M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) · Last round Seed (Apr 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
  • Apr 2026Seed$2.3M
  • Mar 2024Seed$1.5M
  • Mar 2022Seed$125K
Founders & team
Jennifer CôtéCEO & Co-Founder
Investors
CULT Food Science, Hoogwegt, BoxOne Ventures, Cycle Momentum, Kale United, Invest Quebec
Tech stack
AngularCart FunctionalityCore-JsDatadogGoogle WorkspaceHsts
#2
Series A · Montreal, Montreal · founded 2014 · 24 employees
$11.5Mraised
▾

Online platform offering a breakfast subscription box. The subscription box contains granola mixes, oatmeal portions and breakfast bars. The mixes contain rolled oats, puffed quinoa, dried fruits and nuts, and other healthy organic products. The company claims that they use only organic products in their breakfast curations.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Innovation
top 33%
Product
top 36%
Tech
top 37%
Funding
top 40%
Growth
top 45%
Global
bottom 36%
Innovation: 7 product lines
Product: 7 distinct product lines · Company stage: Series A
Tech: 32 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Hsts
Audience (LinkedIn): 6k LinkedIn followers — 2.2% of this cohort's audience
Activity (LinkedIn): 1 partnerships · 1 awards · 1 expansions announced in 12 mo
Funding rounds
  • Apr 2024Series A$5M
  • Jul 2022Series A$5.4M
  • Jun 2017Seed$1.2M
Investors
Desjardins, Invest Quebec, Canada Economic Development, Fonds de solidarite FTQ, FoodBytes
Tech stack
AngularAosApple PayBold CommerceCart FunctionalityCloudflare
#3
Series C · Montreal, Montreal · founded 2018 · 55 employees
$16.5Mraised
▾

Internet-first brand offering chocolate & superfoods

LinkedIn Pulse recent public activity · Jul 2026
Audience: 39k LinkedIn followers — 14.1% of this cohort's audience · 189 engagements/post (2.4× cohort median)
Activity: 1 partnerships (incl. Martel Foods) announced in 12 mo
Funding rounds
  • Apr 2022Series C$10M
  • Jul 2021Conventional Debt$3M
  • Jul 2021Series A$6.5M
Founders & team
Lezlie KarlsCo-Founder & CEOJake KarlsCo-FounderNick SaltarelliCo-Founder
Investors
BFG, Selva Ventures, Harlo Capital, Quebec, Siddhi Capital, Harlo Entertainment
Tech stack
Apple PayCart FunctionalityCloudflareCore-JsFacebook PixelGodaddy
#4
Series B · Montreal, Montreal · founded 2007 · 12 employees
$38.5Mraised
▾

Producer and retailer of vitamin-rich fruit drinks intended to deliver the daily allowance of nutrients and vitamins. The company offers a line of beverage products in various flavors including grape, peach, mango, passion fruit, pomegranate, lime lemon, exotic berry, watermelon, and more.

Funding rounds
  • Oct 2012Series B$11M
  • Jun 2011Series A$7.5M
  • Oct 2010Series A$20M
Founders & team
Burke EiteljorgOwner
Investors
Tata Consumer Products
Tech stack
WixYoutubeReactPolyfillLodashPriority Hints
#5
Series A · Montreal, Montreal · founded 2010 · 21 employees
$8.2Mraised
▾

Brand of selling snack bar

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 2 expansions announced in 12 mo
Funding rounds
  • Oct 2022Series A$5.2M
  • Jul 2021Seed$3M
Founders & team
Mark CigosCo-Founder
Investors
Invest Quebec, BDC, Fondaction
Tech stack
Accentuate Custom FieldsApple PayAvada SeoBooster Page Speed OptimizerCart FunctionalityCdnjs
#6
Series B · Montreal, Montreal · founded 2016 · 21 employees
$10.8Mraised
▾

Fody's manufactures and markets sauces and dressing. Its product offerings include salsa, barbeque sauce, ketchup, caesar dressing, French & herb dressing, pasta sauce, basil sauce, snack bars, seasoning, chips, cereals etc. It also offers information regarding various recipes on the website. The company claims its products are gluten-free, lactose-free, onion & garlic-free. Its products can be purchased online through the website.

Funding rounds
  • Dec 2020Series B$8.5M
  • Dec 2017Series A$2.2M
Founders & team
Steven SingerFounder & CEO
Investors
Avrio Sub Debt, District Ventures Capital, Export Development Canada, New Acres Capital
#7
Seed · Montreal, Montreal · founded 2012 · 11 employees
$958Kraised
▾

Brand of coffee

LinkedIn Pulse recent public activity · Jul 2026
Audience: 359 LinkedIn followers
Funding rounds
  • Aug 2020Seed$958K
Founders & team
Chrissy DurcakFounder & CEO
Investors
Anges Quebec, 0MC, Upper Canada Equity Fund
Tech stack
BunnyContentfulCore-JsDatadogFacebook PixelGoogle Analytics
#8
Seed · Montreal, Montreal · founded 2015 · 70 employees
—raised
▾

Brand of multiple food

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Funding rounds
  • Sep 2021Seed—
Investors
Bregal Partners, Bregal Sagemount, Bregal Investments
Tech stack
All In One SeoAnime.JsApache Http ServerComplianzCore-JsElementor
#9
Public · Montreal, Quebec · founded 1954 · 19200 employees
—raised
▾

Brand of dairy products. Its other products include cheese, fluid milk, extended shelf-life milk, cream, cultured and dairy ingredients. In 2022, the company recorded annual revenues of $13.31B and a net profit of $0.38B.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 201k LinkedIn followers — 72.6% of this cohort's audience · 116 engagements/post (1.5× cohort median)
Founders & team
Lino SaputoFounder
Investors
Gov
Tech stack
Acquia Cloud PlatformAcquia Cloud Site FactoryAdobe AnalyticsAdobe Experience Platform Identity ServiceAdobe Experience Platform LaunchAkamai
#10
Funding Raised · Montreal, Montreal · founded 2000 · 12 employees
—raised
▾

Operator of a dressings and marinades brand intended to provide Asian dressings and mayos in Canada. The company offers various dressing and spices like mayos, dips and marinade which have a Japanese flavor to it along with sandwiches, burgers, shrimps, and fries, as well as vinaigrette for salads, enabling customers to get Japanese style gluten-free dressings, including original sesame, ginger carrot, and wasabi edamame.

Funding rounds
  • Jun 2013Unattributed—
Founders & team
Gil Michel-GarciaCo-Founder & CEO
Tech stack
BootstrapFlexsliderGoogle AnalyticsHstsJqueryMicrosoft 365
#11
Acquired · Montreal, Montreal · founded 1986
—raised
▾

Multibar is a bars brand. Their products include nutrition bar and snacks bar. They claim their products do not contain added preservatives. the brands are sold in Canada.

Funding rounds
  • Dec 2011PE—
Founders & team
Jean FilionCEO & President
Investors
CDPQ, BMO, Novacap

Funding & investor landscape

$88.1Mtotal disclosed funding
7companies funded
17disclosed rounds
0rounds last 90 days
Most active investors
Invest Quebec3 rounds
Anges Quebec2 rounds
Cycle Momentum2 rounds
0MC1 rounds
Ahimsafoundation1 rounds
Avrio Sub Debt1 rounds
BDC1 rounds
BFG1 rounds
BMO1 rounds
BoxOne Ventures1 rounds

Notable founders

Jennifer Côté
CEO & Co-Founder · Opalia
Lezlie Karls
Co-Founder & CEO · Mid-Day Squares
Jake Karls
Co-Founder · Mid-Day Squares
Burke Eiteljorg
Owner · ACTIVATE Drinks
Mark Cigos
Co-Founder · Buddha Brands
Steven Singer
Founder & CEO · FODY Foods
Chrissy Durcak
Founder & CEO · Dispatch Coffee
Lino Saputo
Founder · Saputo
Gil Michel-Garcia
Co-Founder & CEO · WAFU
Jean Filion
CEO & President · Multibar
Prism market signals · Canada · country-scoped Prism corpus, 6,604,091 docs

Market landscape — 10 sub-themes by coverage

Share of Food & Beverage Products coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Canada

How research on Alternative Proteins is moving in Canada

A read on the academic research around Alternative Proteins — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 51 Canada-affiliated papers.

research sentiment over time
202220242025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 25% → 34% across 2022–2025.
top research entities
  • University of Alberta5
  • University of Guelph5
  • McGill University4
  • Université de Sherbrooke4
  • Toronto Metropolitan University4
leading researchers
Ryan J. Phillips · Chibuike C. Udenigwe · Hassan Vatanparast · Mojtaba Shafiee · Jianping Wu · Stacie Dobson · Alejandro G. Marangoni · Kaitlyn Burghardt
▲ Breakthroughs7 · 14%
▲ 0%→14% share
4 median citations100% since 2021mostly methods-led
Breakthroughs are rising (0%→14% of field), led by Computational biology.
rising sub-themes (early→recent)
  • Computational biology4
  • Gene2
  • Genetics2
  • Pipeline (software)1
  • Proteome1
Landmark OpenProt 2.0 builds a path to the functional characterization of alternative proteins · 54 cites
◆ Advancements22 · 43%
▲ 0%→43% share
6 median citations77% since 2021mostly empirical
Advancements are rising (0%→43% of field), led by Food science.
rising sub-themes (early→recent)
  • Food science11
  • Leucine3
  • Biotechnology3
  • Sustainability2
  • Plant protein2
Newly emergingFood science 0→9
Landmark Characterising the muscle anabolic potential of dairy, meat and plant-based protein sources in older adults · 198 cites
▼ Concerns20 · 39%
▲ 0%→38% share
7 median citations90% since 2021mostly empirical
Concerns are rising (0%→38% of field), led by Food science.
rising sub-themes (early→recent)
  • Food science6
  • Biotechnology5
  • Plant protein3
  • Biochemical engineering3
  • Consumption (sociology)3
Newly emergingFood science 0→5
Landmark Increasing Plant-Based Meat Alternatives and Decreasing Red and Processed Meat in the Diet Differentially Affect the Die · 74 cites
RESEARCH HOTSPOTS · Canada

Where alternative proteins is researched across Canada

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Montreal6 · +0.30
Opportunity · Sustainability
Waterloo/Hamilton5 · +0.48
Edmonton/Calgary5 · +0.10
Opportunity · Zebrafish

Common questions

How many Food & Beverage Products companies are there in Montreal, Canada?
Radar tracks 40 indexable Food & Beverage Products companies headquartered in Montreal, Canada that meet our profile-completeness bar.
What is the total funding raised by Food & Beverage Products companies in Montreal, Canada?
The Food & Beverage Products companies in Montreal, Canada on this list have raised a combined $88.1M in disclosed equity funding across 7 funded companies.
Which is the highest-funded Food & Beverage Products company in Montreal, Canada?
ACTIVATE Drinks is the highest-funded Food & Beverage Products company in Montreal, Canada, with $38.5M in disclosed equity funding.
How many Food & Beverage Products companies in Montreal, Canada are funded?
7 of the 40 Food & Beverage Products companies in Montreal, Canada on this list have disclosed at least one equity funding round.
How many Food & Beverage Products unicorns are there in Montreal, Canada?
None of the Food & Beverage Products companies in Montreal, Canada on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Montreal, Canada Food & Beverage Products companies?
The most active investors in Montreal, Canada Food & Beverage Products companies on this list include Invest Quebec, Anges Quebec, Cycle Momentum, 0MC, Ahimsafoundation.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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