Nepra Foods

What Nepra Foods does

Nepra Foods Inc. is a publicly traded food technology company (CSE: NPRA; OTCQB: NPRFF) incorporated in British Columbia, Canada, with operations based in Centennial, Colorado. The company develops and sources a portfolio of 14 specialty allergen-free and plant-based ingredients — including hemp heart flours and proteins, cassava flours, functional starches (notably an RS4-type resistant starch), three plant-based egg replacers, and a customized baking base — for sale to commercial bakeries, food brands, CPG companies, and foodservice operators. Core differentiators include documented functional properties (e.g., 50% protein content, 93% water-binding capacity, 1:1 egg substitution), a 31,000 sq ft dedicated allergen-free production and R&D facility, and a team that includes Certified Master Bakers and Michelin Star-trained Chefs.

Nepra's business model centers on B2B enterprise sales of proprietary ingredient blends, custom dry ingredient blending services, and full-scale product development engagements (formulation, benchtop samples, in-plant trials). Pricing is quote-based and tailored to client formulations, typically structured as multi-year contracts. The company reached $6,181,225 in FY2026 revenue (up 35% YoY) with a 31.1% gross margin, achieved its first-ever quarterly net income in Q3 FY2026, and reported positive operating cash flow. In April-May 2026 the company announced a non-binding LOI to acquire Tsceminicum Bottling Company (Artesian Fusion) for approximately $1.5M and a parallel distribution LOI with KUUK Water, signaling a vertical integration pivot from specialty ingredient supplier into beverage manufacturing and North American distribution.

The company's customer base spans emerging food brands and multi-billion dollar CPG companies, with horizontal segmentation across commercial bakeries, food brands, retailers, and foodservice operators, plus a nascent beverage brands segment. The leadership team is led by CEO Billy Hogan (also the largest shareholder), Co-Founder and CVO Chadwick White, and Co-Founder and Interim CFO David Wood, with Mark Retzloff serving as Chairman. Funding history is dominated by debt conversions, private placements, and trade financing rather than institutional venture capital.

Name

Nepra Foods

Legal name

Nepra Foods Inc.

Website

http://www.neprafoods.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Nepra Foods is a publicly traded food technology company that develops and sells proprietary allergen-free and plant-based specialty ingredients (hemp flours, cassava flours, functional starches, plant-based egg replacers) to commercial bakeries, food brands, CPG companies, and foodservice operators, with a pending vertical integration into beverage manufacturing.

Ownership category

akta.pro rank

Product category

Specialty Food Ingredients

NAICS

Food Manufacturing (311), Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114)

SIC

Miscellaneous Food Preparations & Kindred Products (2090), Food And Kindred Products (2000)

akta.pro primary industry

Ingredient Blends & Systems / Custom Formulation (Seasoning Systems, Functional Blends) (CRADAOAO)

akta.pro secondary industries

Plant Protein Ingredients Manufacturing (Isolates, Concentrates, Flours) (AFAKAGAF), Foods for Special Dietary Needs Manufacturing (Gluten-Free, Allergen-Free, Low-FODMAP, Low-Sodium) (AFAKAJAD), Alternative Protein Snacks, Bars & RTD Nutrition Manufacturing (AFAKAGAK)

Keywords

• Allergen-free ingredients
• Plant-based flours
• Specialty food ingredients
• Commercial bakery ingredients
• Egg replacement powders

Headquarters

HQ city

Englewood

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Specialty Ingredient Sales: Sale of proprietary allergen-free and plant-based ingredient blends including flours, starches, proteins, and baking bases to commercial bakeries and food manufacturers.
2. Custom Dry Ingredient Blending: Meticulously crafted custom dry ingredient blending services in dedicated allergen-free facility, streamlining manufacturing and protecting customer IP.
3. Product Development Services: Full-scale product development services including formulation requests, benchtop samples, formula finalization, and in-plant trials for food brands.
4. Beverage Manufacturing & Distribution: Pending vertical integration through acquisition of Artesian Fusion bottling facility in Lewiston, Idaho, enabling direct participation in beverage manufacturing and distribution.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Nepra Foods develops, sources, and blends specialty allergen-free and plant-based food ingredients — including hemp heart flours and proteins, fractionated cassava flours, functional starches, plant-based egg replacers, and baking bases — for commercial bakeries and food manufacturers. The company also provides custom dry ingredient blending in a dedicated 31,000 sq ft allergen-free facility and full-scale product development services including formulation, benchtop samples, and in-plant trials.

Product overview

Nepra Foods is a specialty food ingredients company offering a portfolio of allergen-free, plant-based ingredients for commercial bakeries and food manufacturers. The core product portfolio consists of 14 specialty ingredients including Hemp Heart Flours and Proteins, Cassava Flours (3%, 8%, and whole varieties), Functional Starches (RS4-type Resistant Starch, Instant Cassava, Rheoflex Native and Modified), Plant-based Egg Replacers (EPB-ER1, ER2, ER3), and Nepra Base 30 baking base. These ingredients are offered as standalone products and can be combined through Custom Dry Ingredient Blending services. The company also provides full-scale Product Development Services including formulation, benchtop samples, and in-plant trials to help brands develop gluten-free, allergen-free baked goods.

Differentiator

Problem solved

Functional benefit

Products and services

• Hemp Heart Flour (HHF-50) De-hulled hemp flour with 50% protein content, neutral flavor and odor, used in baked and extruded goods at up to 50% of total flour amount. Provides 93% water-binding capacity, stable structure, and emulsification properties.
• Nepra Flour 3% Fiber (EF-03)
• Nepra Flour 8% Fiber (EF-08)
• Whole Cassava Flour (EF-CAS)
• RS4-type Resistant Starch (RS-3700)
• Instant Cassava (RFC)
• Rheoflex™ Native (RFN)
• Rheoflex™ Modified (RFM)
• Hemp Heart Protein 70% (HHP-70)
• Hemp Heart Protein 80% (HHP-80)
• Plant-based Egg White Powder Replacement (EPB-ER1)
• Plant-based Whole Egg Powder Replacement (EPB-ER2)
• Plant-based Meringue Powder Replacement (EPB-ER3)
• Nepra Base 30 (EB-30)
• Product Development Services
• Custom Dry Ingredient Blending

Quantifiable outcome

• 50% protein content in Hemp Heart Flour formulations
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• KUUK WatercoreChannel Partner/ Reseller/ Distributor · 14 May 2026Non-binding Letter of Intent with KUUK Water, an Indigenous-owned premium water company, for North American distribution, warehousing, fulfillment, and e-commerce partnership for aluminum bottled and canned water products. Integrates with pending acquisition of Artesian Fusion bottling facility in Lewiston, Idaho.
• Tsceminicum Bottling Company LLC (Artesian Fusion)coreStrategic or Co-development Partner · 30 April 2026Non-binding LOI to acquire substantially all assets of Tsceminicum Bottling Company LLC operating as Artesian Fusion, including bottling and co-packing facility in Lewiston, Idaho, equipment, customer relationships, and water rights for approximately $1.5 million.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ardent Mills: Major flour milling and bakery ingredient solutions company with a dedicated gluten-free and specialty ingredients business. Directly comparable customer base of commercial bakeries and food manufacturers seeking specialty grain-based solutions.
• Axiom Foods: Supplier of plant-based protein ingredients including rice, pea, and hemp proteins for food and beverage manufacturers. Most direct peer to Nepra's hemp protein and allergen-free ingredient portfolio serving commercial bakeries and CPG brands.
• Beneo (Südzucker Group): Functional food ingredients producer specializing in prebiotic fibers, plant-based proteins, and specialty flours from chicory, rice, and pulses. Comparable to Nepra's specialty ingredient formulations targeting allergen-free and plant-based bakery applications.
• Corbion: Specialty ingredient company with plant-based protein and functional food ingredient solutions, including algae-based proteins and clean-label bakery ingredients. Comparable to Nepra's plant-based and allergen-free positioning serving commercial bakeries.

Broad incumbents

• Cargill: Global food ingredient supplier with extensive allergen-free, plant-based protein, and specialty starch offerings serving commercial bakeries and CPG manufacturers. Represents the broad incumbent benchmark for Nepra's go-to-market and product breadth.
• Ingredion: Global ingredient solutions company offering specialty starches, clean-label flours, and plant-based proteins including the PURVIA and HOMECRAFT lines. Comparable to Nepra in functional starch and allergen-free formulation offerings, though at vastly larger scale.
• Tate & Lyle: Specialty food and beverage ingredients company with a strong clean-label and plant-based portfolio, including resistant starches (TICALOID) and texture solutions. Directly overlaps with Nepra's RS4 resistant starch and functional ingredient positioning.
• AAK (AarhusKarlshamn): Specialty oils and fats company with plant-based bakery ingredient solutions including dairy-free alternatives and specialty shortenings. Comparable to Nepra in the specialty plant-based ingredient space serving commercial bakeries.

Emerging players

• Ingredion (Beneo) Pulses & Rice Proteins: Targeted emerging player in plant-based protein ingredients specifically addressing allergen-free and clean-label bakery applications. Emerging competitive threat to Nepra's specialty plant-based ingredient positioning.

Regional players

• Manildra Group: Australia-based flour, starch, and gluten manufacturer with specialty bakery ingredients including gluten-free and clean-label offerings. Comparable to Nepra in specialty flour and starch formulations, though primarily serves Asia-Pacific markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCdgQujWts6Keii4rUBvrbBg
• Xx.com/neprafoods
• Facebookfacebook.com/neprafoods
• LinkedInlinkedin.com/company/nepra-foods-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds7 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nepra Foods