Maia Farms has successfully raised $2.3 million in an oversubscribed pre-seed funding round to accelerate the production of its mycelium-based protein, CanPro™, while also receiving recognition for its innovative contributions to sustainable food solutions.

Maia Farms: Pioneering Mycelium Protein Production

Founded in 2021 in Vancouver, Maia Farms has quickly established itself as a leader in the sustainable protein industry. The company specializes in the production of mycelium-based protein ingredients, utilizing advanced bioreactor technology to cultivate mushroom proteins. Their flagship product, CanPro™, has gained significant attention due to its impressive nutritional profile, boasting 5.5 times the iron content of beef, while requiring only one-tenth of the land typically needed for traditional livestock farming.

Industry Overview in Canada

The Canadian protein market is evolving rapidly, driven by a growing consumer demand for sustainable and plant-based alternatives. With environmental concerns becoming central to purchasing decisions, companies like Maia Farms are positioned to capture a larger share of the market. The plant and mycelium protein sector is experiencing growth fueled by innovations and changing dietary preferences among Canadians.

Moreover, governmental support and funding initiatives are steering investments toward sustainable practices. The Canadian Food Innovation Network and the National Research Council of Canada have