Burcon

Vancouver, Canada Founded: 1998 • Age: 28 yrs
Plant protein-based health drinks and products are provided by Burcon.
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About Burcon

Burcon is a company based in Vancouver (Canada) founded in 1998.. Burcon has raised $164.36 thousand across 8 funding rounds from investors including Protein Industries Canada. The company has 15 employees as of March 31, 2024. Burcon offers products and services including Sunflower Protein, Hempseed Protein, Canola Protein, Pea Protein, and Protein Blends. Burcon operates in a competitive market with competitors including SunOpta, NotCo, Daiya Foods, Above Food and New School Foods, among others.

  • Headquarter Vancouver, Canada
  • Employees 15 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Healthcare
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Burcon Nutrascience Corporation
Operational Areas
Healthcare → Nutrition, Wellness & Lifestyle Health
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
    $265.08 K (USD)
    106.88
    as on Mar 31, 2024
  • Net Profit
    $-5.74 M (USD)
    -10.99
    as on Mar 31, 2024
  • EBITDA
    $-5.08 M (USD)
    -7.88
    as on Mar 31, 2024
  • Total Equity Funding
    $164.36 K (USD)

    in 8 rounds

  • Latest Funding Round
    $912.01 K (USD), Post-IPO

    Dec 31, 2025

  • Investors
  • Employee Count
    15

    as on Mar 31, 2024

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IPO & Listings of Burcon

Burcon is a publicly listed company on the TSX with ticker symbol BU in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: BU . Sector: Process industries · Canada

Products & Services of Burcon

Burcon offers a comprehensive portfolio of products and services, including Sunflower Protein, Hempseed Protein, Canola Protein, Pea Protein, and Protein Blends. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-purity protein from sunflower for food applications.

95% purity hempseed isolate for nutritional uses.

Functional canola proteins for plant-based products.

Soluble proteins from peas for dairy alternatives.

Custom blends of proteins for various food needs.

People of Burcon
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Kip Underwood
Chief Executive Officer

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Teams

Funding Insights of Burcon

Burcon has successfully raised a total of $164.36K across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $912.01 thousand completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Post-IPO — $912,009
  • First Round

    (01 Jun 2002)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2025 Amount Post-IPO - Burcon Valuation

investors

Mar, 2024 Amount Post-IPO - Burcon Valuation

investors

May, 2023 Amount Post-IPO - Burcon Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Burcon

Burcon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Protein Industries Canada. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Promotes innovation in plant-based foods through programs and partnerships in Canada.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Burcon

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Burcon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Burcon Comparisons

Employees
+
Add Comparison
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Competitors of Burcon

Burcon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SunOpta, NotCo, Daiya Foods, Above Food and New School Foods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Non-dairy and alternative beverages are provided by SunOpta.
domain founded_year HQ Location
AI-powered technology is developed for food product innovation and development.
domain founded_year HQ Location
Dairy-free cheese alternatives are produced and marketed by Daiya Foods.
domain founded_year HQ Location
Plant-based protein products are branded and offered by Above Food.
domain founded_year HQ Location
Brand of plant based foods
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Burcon

Frequently Asked Questions about Burcon

When was Burcon founded?

Burcon was founded in 1998 and raised its 1st funding round 4 years after it was founded.

Where is Burcon located?

Burcon is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Who is the current CEO of Burcon?

Allan Yap is the current CEO of Burcon.

Is Burcon a funded company?

Burcon is a funded company, having raised a total of $164.36K across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $2.52M, raised on Jun 01, 2002.

How many employees does Burcon have?

As of Mar 31, 2024, the latest employee count at Burcon is 15.

What is the annual revenue of Burcon?

Annual revenue of Burcon is $265.08K as on Mar 31, 2024.

What does Burcon do?

Burcon was founded in 1998 in Vancouver, Canada, and operates within the plant-based protein sector. Pea proteins, canola proteins, and protein blends are supplied via the platform for use in health drinks and related products. The company focuses on these ingredients to support nutritional applications in the food and beverage industry.

Who are the top competitors of Burcon?

Burcon's top competitors include NotCo, SunOpta and Daiya Foods.

What products or services does Burcon offer?

Burcon offers Sunflower Protein, Hempseed Protein, Canola Protein, Pea Protein, and Protein Blends.

Is Burcon publicly traded?

Yes, Burcon is publicly traded on TSX under the ticker symbol BU.

Who are Burcon's investors?

Burcon has 1 investor. Key investors include Protein Industries Canada.

What is Burcon's ticker symbol?

The ticker symbol of Burcon is BU on TSX.

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