Canada · Food & beverages startup

COMET

Comet Bio, also known as Comet Biorefining, is a food technology and biotechnology company focused on creating sustainable food ingredients through proprietary upcycling technology.

Funding reportedLast round: Series C

Food & beveragesLondon, Canada

About COMET

Comet Bio, also known as Comet Biorefining, is a food technology and biotechnology company focused on creating sustainable food ingredients through proprietary upcycling technology.

Founded in 2009 and headquartered in London, Ontario, Canada, the company transforms agricultural residues into high-purity cellulosic glucose syrup and premium prebiotic dietary fibers. Comet Bio operates a commercial biomass sugar plant in Sarnia, Ontario, with an annual capacity of 60 million pounds. The company offers two main product lines: Arrabina® Arabinoxylan Plant Fiber Extract, a prebiotic dietary fiber that supports gut health and immune function, and Sweeterra® Syrup Blends, a lower-calorie sweetener alternative. Both products are designed for the food and beverage industry, catering to manufacturers looking to enhance nutritional profiles and meet sustainability goals. Comet Bio is committed to reducing agricultural waste and promoting health through innovative, naturally better ingredients.

What company datasets say COMET raised

Funding, as reported

Reported in all22Min the source's currency
Rounds4
Last roundSeries C
Last round size22M
Last round dateJul 2021
Investors listed10

The company, in detail

What they build

Known for

arrabina parrabina clinical studiesconsumersdigestive healthhealth benefitsmanufacturingupcyclingfood technologypolyphenolsfood innovationmicrobiome supportbiorefinery technologybiomass upcyclingsustainable manufacturingfood system waste reductionarrabina l

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Sector
Food & beverages
Industry code
NAICS 31122, 311999, 541714, SIC 2099
Region
Ontario
Revenue
10M a year, as listed
Full record
Every detail in the company directory

Food & beverages in Canada

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