Ardra Inc is a biotechnology startup based in Canada, founded in 2015. The company's mission is reflected in its slogan, "Making Natural Flavours and Fragrances Sustainably". Ardra harnesses the power of engineering biology to address sustainable supply challenges in natural ingredients for various industries.
Utilizing designer biochemical pathways, Ardra produces high-value natural ingredients for cosmetics, beverages, and pharmaceuticals industries using renewable sugars. Their innovative approach results in lower production costs, more consistent quality, and a more reliable supply compared to traditional botanical extracts. Importantly, these ingredients are free from harmful residues often found in petroleum-derived synthetic alternatives.
The startup recently secured a grant investment on 14 June 2023 from the Canadian Food Innovation Network - Innovation Booster and WEtech Alliance. This investment reflects a growing recognition of Ardra's potential to revolutionize the sustainable production of natural flavors and fragrances.
With a strong focus on sustainability and innovation, Ardra presents an exciting opportunity for investors seeking to support advancements in biotechnology and environmentally friendly practices within the supply chain of consumer goods.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | 2 | WEtech Alliance, Canadian Food Innovation Network - Innovation Booster | 14 Jun 2023 |
Grant | $149.00K | 1 | AcCELLerate ON | 04 May 2022 |
Convertible Note | Unknown | 1 | 17 Nov 2021 | |
Seed Round | $30.00K | 2 | Innovation Guelph, Bioenterprise Canada | 01 Jun 2018 |
Seed Round | $100.00K | 1 | Ontario Genomics | 01 Nov 2017 |
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