About LYF Food Technologies
LYF Food Technologies is a company based in Kelowna (Canada) founded in 2018 was acquired by The Valens Company in January 2021.. The company has 9 employees as of December 31, 2024. LYF Food Technologies operates in a competitive market with competitors including The Hershey Company, The Allan Candy and Golden Bonbon, among others.
- Headquarter Kelowna, Canada
- Employees 9 as on 31 Dec, 2024
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Sectors
Consumer
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
9
as on Dec 31, 2024
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Acquired by
The Valens Company
(Jan 25, 2021)
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Funding Insights of LYF Food Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in LYF Food Technologies
LYF Food Technologies has secured backing from 1 investor. Prominent investors backing the company include The Valens Company. 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.
| Investor | Description | Founded Year | Domain | Location |
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Cannabinoid-based products are developed through multiple extraction techniques.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by LYF Food Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LYF Food Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lyf Food Technologies Comparisons
Competitors of LYF Food Technologies
LYF Food Technologies 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 The Hershey Company, The Allan Candy and Golden Bonbon, 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 |
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| domain | founded_year | HQ Location |
Confectionery products including chocolates and snacks are manufactured and distributed.
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| domain | founded_year | HQ Location |
Brand of chocolate & candy products
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| domain | founded_year | HQ Location |
Artisanal production and online sales of nougat and fruit-flavored candies.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lyf Food Technologies
Frequently Asked Questions about LYF Food Technologies
When was LYF Food Technologies founded?
LYF Food Technologies was founded in 2018.
Where is LYF Food Technologies located?
LYF Food Technologies is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
How many employees does LYF Food Technologies have?
As of Dec 31, 2024, the latest employee count at LYF Food Technologies is 9.
What does LYF Food Technologies do?
LYF Food Technologies was founded in 2018 in Kelowna, Canada. Operations are centered on the confectionery sector, where chocolates and gummies are developed and marketed as a specialized brand. Products are made available through the domain lyfedibles.com, with a focus on food technology applications in edible goods. The company maintains its base in Canada, supporting regional distribution in the edibles market.
Who are the top competitors of LYF Food Technologies?
LYF Food Technologies's top competitors include The Hershey Company, The Allan Candy and Golden Bonbon.
Who are LYF Food Technologies's investors?
LYF Food Technologies has 1 investor. Key investors include The Valens Company.