Burcon Nutrascience
Burcon NutraScience Corporation is a Vancouver-based plant-based protein ingredient company that develops and sells proprietary pea, canola, fava, sunflower, and hempseed protein ingredients to food and beverage manufacturers worldwide through its Galesburg, Illinois production facility.
- Company typePublic
- Founded1998
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Burcon Nutrascience does
Burcon NutraScience Corporation, founded in 1998 and headquartered in Vancouver, Canada, is a plant-based protein ingredient company that develops and commercializes proprietary extraction and purification technologies to produce high-purity (>90% protein content), clean-label, non-GMO protein ingredients from pea (Peazazz), canola (Puratein), fava (FavaPro), sunflower (Solatein), and hempseed sources. The company serves food and beverage manufacturers seeking functional, neutral-tasting, allergen-free protein ingredients for plant-based dairy alternatives, egg replacement, baked goods, nutrition bars, beverages, and other applications, with 30+ active buying customers and 200+ evaluation projects as of Q4 fiscal 2026.
The technology platform uses aqueous extraction and membrane-based purification without harsh chemicals, protected by 73 issued patents (38 U.S.) and 58 pending patent applications. R&D, analytical, and pilot-scale production are anchored at the Winnipeg Technical Centre in Manitoba, while commercial-scale manufacturing is delivered through a capital-light partnership with RE ProMan LLC at a facility in Galesburg, Illinois, where Burcon has exclusive access to 100% of capacity under a 7-year manufacturing agreement. Named commercial customers include Puratos (bakery/patisserie canola protein collaboration) and an unnamed clean-label plant-based products provider under a $6.8 million multi-year supply agreement; CLARISOY soy protein is licensed to ADM (no longer active).
The business model combines direct B2B ingredient sales to food manufacturers with contract research and pilot-plant services from Winnipeg. Fiscal 2026 (year ended March 31, 2026) revenue was $2.3 million, up 494% year-over-year, with management targeting CAD 10 million for calendar 2026. The company is unprofitable at scale, posting a $14.3 million net loss and a -360% gross margin during the commissioning and startup phase, and has funded commercialization through a CAD $9.43 million rights offering (February 2025) and a $6.9 million aggregate convertible debenture financing (November 2025–April 2026). Burcon is listed on the TSX (BU) and OTCQB (BRCNF), was previously listed on NASDAQ until a 2018 delisting, and has an insider ownership group holding approximately 30.64% of outstanding shares.
Burcon Nutrascience firmographics
Firmographics- Name
- Burcon Nutrascience
- Legal name
- Burcon NutraScience Corporation
- Website
- https://burcon.ca
- Company type
- Public
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Burcon NutraScience Corporation is a Vancouver-based plant-based protein ingredient company that develops and sells proprietary pea, canola, fava, sunflower, and hempseed protein ingredients to food and beverage manufacturers worldwide through its Galesburg, Illinois production facility.
- Ownership category
- akta.pro rank
Burcon Nutrascience industry classification
Industry- Product category
- Plant-Based Protein Ingredients
- NAICS
- Food Manufacturing (311), Soybean and Other Oilseed Processing (311224)
- SIC
- Food And Kindred Products (2000), Miscellaneous Food Preparations & Kindred Products (2090)
- akta.pro primary industry
- Plant Protein Ingredients Manufacturing (Isolates, Concentrates, Flours) (AFAKAGAF)
- akta.pro secondary industry
- Plant-Based Dairy-Alternative Ingredients & Bases Manufacturing (Emulsions, Fat Systems, Protein/Starch Bases for B2B) (AFAHAJAI)
Keywords
Where Burcon Nutrascience is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Burcon Nutrascience business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Protein Ingredient Sales: Sale of commercial plant-based protein ingredients (Peazazz pea, Puratein canola, FavaPro fava, Solatein sunflower) to food and beverage manufacturers. Fiscal 2026 revenue reached $2.3 million, representing 494% year-over-year growth.
- Contract Research Services: Providing pilot plant services, process scale-up, and validation services to customers. The company completed multiple contract research projects in fiscal 2025.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Burcon Nutrascience product offering
Product offeringCore offering
Burcon NutraScience develops, manufactures, and sells proprietary plant-based protein ingredients—including Peazazz pea protein, Puratein canola protein, FavaPro fava protein, Solatein sunflower protein, and hempseed protein—for use by food and beverage manufacturers. Production occurs at a commercial facility in Galesburg, Illinois operated through a manufacturing partnership with RE ProMan LLC, with R&D and pilot plant capabilities at the Winnipeg Technical Centre.
Product overview
Burcon NutraScience is a global technology leader in plant-based protein ingredients for food and beverage applications. The company has developed a portfolio of high-performance protein ingredients including Peazazz® pea proteins, FavaPro™ fava proteins, Puratein® canola proteins, Solatein™ sunflower protein isolate, and hempseed protein. These proteins are produced at the Galesburg, Illinois facility using proprietary processing technologies and offer superior taste, color, functionality and nutrition. The company also offers protein blends combining canola and pea proteins, and has licensed CLARISOY™ soy protein to ADM. Burcon operates from its Winnipeg Technical Centre providing pilot plant services for product and process development, scale-up and validation.
Differentiator
Problem solved
Functional benefit
Brands
- Peazazz: Pea protein ingredients - uniquely soluble, clean and neutral-tasting pea proteins perfect for dairy alternative products
- FavaPro
- Puratein
- Solatein
- CLARISOY
Products and services
- Peazazz Pea Protein Uniquely soluble, clean and neutral-tasting pea protein with over 90% protein content, designed for dairy alternative products and food and beverage applications requiring high-purity, clean taste, and excellent functionality.
- Puratein Canola Protein World's first highly functional, pure and nutritious food-grade non-GMO canola protein isolate with 90%+ purity. Available as Puratein®C for plant-based products and egg replacement applications.
- FavaPro Fava Protein Premium, high-purity fava protein isolate with over 90% protein content, neutral flavor and off-white color, designed for various food and beverage applications.
- Solatein Sunflower Protein Isolate Groundbreaking sunflower protein isolate launched January 2025 as a next-generation high-quality sustainable plant-based protein offering, providing allergen-free protein fortification for food applications.
- Hempseed Protein Plant-based protein ingredient derived from hemp seeds (95% hempseed protein isolate demonstrated at SupplySide West), part of Burcon's portfolio of novel protein ingredients.
- Protein Blends Unique blends combining canola and pea proteins with exceptional functional characteristics, low allergenicity, and complete amino acid nutrition comparable to dairy; high solubility, heat stability.
- CLARISOY Soy Protein (Licensed) Soy protein ingredient with exclusive manufacturing and marketing licensing partnership with Archer Daniels Midland Company (ADM). Historically licensed to ADM for full-scale commercial production.
- Pilot Plant Services Contract research services offering pilot plant services, process scale-up, and validation services to customers from Burcon's Winnipeg Technical Centre, including semi-works production facility, analytical laboratories, and functionality laboratories for protein ingredient development.
Quantifiable outcome
- 494% year-over-year revenue growth in fiscal 2026
- +2 more outcomes
Companies that use Burcon Nutrascience
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles1 record
Burcon Nutrascience technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Burcon Nutrascience partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Chris Bunio / TheoryMeshminorChris Bunio, co-founder and CEO of TheoryMesh (blockchain/ML for agriculture supply chain), appointed to board of directors. Previously spent 18 years as senior director at Microsoft.
- RE ProMan LLCcoreManufacturing partnership where RE ProMan owns and operates the Galesburg, Illinois production facility. Burcon receives exclusive access to 100% of manufacturing capacity for its entire protein portfolio under a 7-year manufacturing agreement (fixed fee of US$19.8 million aggregate) with transition to 10-year lease. ProMan is controlled by director John Vassallo.
- PuratoscoreStrategic collaboration to pioneer new canola protein applications for bakery and patisserie sectors. Partnership aims to incorporate cutting-edge canola protein into Puratos's solutions for bread, pastries, and other baked goods.
- HPS Food and Ingredients Inc.minorCollaboration to highlight 95% hempseed protein isolate at SupplySide West trade show. HPS and Burcon partnered to showcase high-purity protein isolate products.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
Burcon Nutrascience competitors and assessment
Company assessmentDirect peers
- Roquette: Global leader in plant-based ingredients, including pea protein (NUTRALYS) used in dairy alternatives, sports nutrition, and bakery — directly comparable to Burcon's Peazazz pea protein offering.
- SunOpta: Vertically integrated plant-based food and ingredient company producing soy, oat, almond, and other plant proteins for food and beverage customers — directly comparable ingredient portfolio, customer base, and B2B go-to-market motion.
- Axiom Foods: Specialty supplier of plant-based proteins including pea, rice, and mung bean protein isolates for food, beverage, and nutrition applications — directly comparable ingredient portfolio and B2B customer focus.
- Merit Functional Foods: Canadian producer of pea and canola protein ingredients (acquired by Burcon in 2023) with comparable plant protein extraction technology and North American B2B customer base in food and beverage.
Broad incumbents
- ADM (Archer Daniels Midland): Global food and ingredient giant that was Burcon's historical exclusive licensee for CLARISOY soy protein and operates a large plant-protein portfolio including pea and other vegetable proteins — directly comparable technology/customer overlap, but at vastly greater scale.
- Ingredion: Global ingredient solutions provider with a significant plant-based proteins business (e.g., pea, soy, lentil) serving food and beverage manufacturers — comparable customer base, though Ingredion is far larger and broader in scope.
- Cargill: Diversified agribusiness and food ingredient supplier with growing plant protein capabilities (including EverSweet stevia and pea protein via joint ventures) — comparable end customers and ingredient category, though Cargill is far larger and broader.
- Glanbia Nutritionals: Global nutrition and ingredient company with plant and dairy protein ingredient lines for food, beverage, and sports nutrition manufacturers — comparable customers and protein ingredient category, though Glanbia is far larger and dairy-focused.
- Kerry Group: Global taste and nutrition company supplying plant-based proteins, enzymes, and functional ingredients to food and beverage manufacturers — comparable customer base and ingredient category, broader portfolio.
Emerging players
- Shandong Jianyuan Group / Cosucra (comparable privately-held pea protein players): Cosucra is a Belgian producer of pea protein isolates (Pisane) and chicory ingredients for food manufacturers — directly comparable pea protein ingredient product serving the same B2B customer base as Burcon's Peazazz.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Burcon Nutrascience social profiles
Digital presenceBurcon Nutrascience compliance and trust
Trust signalCompliance1 record
Burcon Nutrascience financial estimates
Financial estimateRevenue estimate
Valuation estimate
Burcon Nutrascience leadership team
Management profileNumber of profiles
Profiles4 records
Burcon Nutrascience funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Burcon Nutrascience M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Burcon Nutrascience
What does Burcon Nutrascience do?
Burcon NutraScience develops, manufactures, and sells proprietary plant-based protein ingredients—including Peazazz pea protein, Puratein canola protein, FavaPro fava protein, Solatein sunflower protein, and hempseed protein—for use by food and beverage manufacturers. Production occurs at a commercial facility in Galesburg, Illinois operated through a manufacturing partnership with RE ProMan LLC, with R&D and pilot plant capabilities at the Winnipeg Technical Centre.
Is Burcon Nutrascience a public or private company?
Burcon Nutrascience is a public company. It is classified as public and is currently operating.
When was Burcon Nutrascience founded?
Burcon Nutrascience was founded in 1998. It employs 11 to 50 people.
Where is Burcon Nutrascience based?
Burcon Nutrascience is headquartered in Vancouver, Canada, in the North America region.
How does Burcon Nutrascience make money?
Two revenue lines are on record. Protein Ingredient Sales are the primary driver. The others are contract Research Services.
Who are Burcon Nutrascience's main competitors?
Direct peers on record are Roquette, SunOpta, Axiom Foods and Merit Functional Foods. Broad incumbents are ADM (Archer Daniels Midland), Ingredion, Cargill, Glanbia Nutritionals and Kerry Group. Shandong Jianyuan Group / Cosucra (comparable privately-held pea protein players) is listed as an emerging player.
Does Burcon Nutrascience have an API?
No public API is recorded for Burcon Nutrascience.
What industry is Burcon Nutrascience in?
Burcon Nutrascience's product category is Plant-Based Protein Ingredients. Its primary akta.pro industry code is AFAKAGAF, Plant Protein Ingredients Manufacturing (Isolates, Concentrates, Flours), with a secondary code of AFAHAJAI, Plant-Based Dairy-Alternative Ingredients & Bases Manufacturing (Emulsions, Fat Systems, Protein/Starch Bases for B2B). Its NAICS code is 311 and its SIC code is 2000.