
Zoglo’s Incredible Food Corp.
Plant-based, kosher appetizers, veggies and meat substitutes.
Date | Investors | Amount | Round |
---|---|---|---|
$5.4m | Series A | ||
Total Funding | 000k |
CAD | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 136 % | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (639 %) | (188 %) | - | - |
Profit | 0000 | 0000 | 0000 | 0000 |
% profit margin | (1001 %) | (304 %) | - | - |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
The story of Zoglo's began not in a modern food-tech lab, but with the Zoglo family's meat processing business in Israel, established in 1937. The company pivoted into plant-based products in 1987, serving the European and Middle Eastern markets for years before its products were introduced to North America in 1995, initially targeting niche kosher markets. For over two decades, Zoglo's built a quiet reputation, distributing its products in over 700 retail stores across Canada, the US, and Europe. A significant transformation occurred in early 2021 when Henry Ender acquired the intellectual property, brand, and recipes of Zoglo's Vegetarian Choice, founding Zoglo's Incredible Food Corp. This new entity, led by CEO Anthony Morello, a food industry veteran, aimed to take the brand mainstream. In April 2021, the company announced the successful completion of a $6.75 million private placement and the acquisition of its predecessor, Zoglo's Incredible Food Inc., signaling its growth ambitions. This set the stage for a major milestone: on July 26, 2021, Zoglo's Incredible Food Corp. went public, listing on the Canadian Securities Exchange under the ticker symbol ZOG. The move was designed to fuel expansion and bring its new 12-item 'Incredible' product line to a broader consumer base.