Pangea Natural Foods Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Pangea Natural Foods Inc. - overview

Established

2021

Location

Manahawkin, NJ, US

Primary Industry

Food

About

Pangea Natural Foods Inc. is a vegan food company that specializes in manufacturing and distributing food products for various brands across North America, focusing on sustainability and plant-based options. Founded in 2021, Pangea Natural Foods Inc. operates primarily in Manahawkin, US.


The company focuses on manufacturing, co-packing, and distribution services for food and beverage brands. Mel Coleman, the founder, has previously engaged in the food industry. The company raised USD 1. 4 mn in Seed funding in November 2021, which constitutes the total amount raised to date.


Pangea Natural Foods, based in Vancouver, specializes in manufacturing, co-packing, and distribution services tailored for food and beverage brands. Their facility in Surrey offers state-of-the-art manufacturing for various food companies seeking to expand their product lines. The company provides customized production services, enabling clients to prioritize brand growth while ensuring regulatory compliance. Pangea collaborates with a diverse client base, including major North American retailers, facilitating significant distribution opportunities in both Canada and the United States to meet the rising demand for vegan and sustainable food products.


Pangea Natural Foods generates revenue through B2B partnerships and direct consumer sales. The company collaborates with food brands on a co-packing basis, allowing clients to utilize Pangea’s manufacturing capabilities while reducing costs related to packaging, labor, and logistics. Transactions are structured around partnerships with retailers and wholesalers, enhancing distribution for clients' products. Pricing plans are customized to meet each brand's specific needs, with arrangements aligned to the volume and scope of services provided.


By listing products under the Pangea brand, the company improves visibility and distribution channels for its partners, contributing to its revenue generation model. Pangea Natural Foods plans to innovate new vegan product lines and enhance its manufacturing capabilities in response to market demand. The company aims to expand its geographic footprint by targeting new markets across North America by late 2023. The recent Seed funding of USD 1.


4 mn raised in November 2021 will be strategically utilized to support these initiatives, facilitating product development and market entry efforts.


Primary Industry

Food

Sub Industries

Snack Foods, Health Foods & Nutritional Supplements, Canned/Frozen Fruit & Vegetables

Website

www.pangeafood.com

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.