SASKATOON, SK—Three Farmers Foods Inc. (“Three Farmers” or the “Company”), a farmer founded and family run manufacturer of pulse snacks, has received C$2.65M in funding led by Golden Opportunities Fund Inc. (“Golden” or the “Fund”) and Export Development Canada (“EDC”). The round of investment will fund the Company’s strategic growth plan.
Three Farmers was founded on the belief that everyone should have wholesome food to eat and an understanding of where it comes from and how it’s made. Proceeds from this investment will allow Three Farmers to continue its growth strategy bringing healthy, wholesome pulse based snacks to Canadians and the rest of the world and to create connections between growers and consumers, especially during the pandemic. Golden and EDC, through their partnership with Three Farmers, have identified the abundance of opportunity in a growing desire for healthy, clean foods that are locally and sustainably produced recognizing that consumers are increasingly aware of the food ecosystem and have a desire to support farmers as well as local, and women-led, businesses.
Established more than a decade ago, Three Farmers are real farmers committed to preserving the land through sustainable growing practices and providing nourishing foods with ingredients sourced and grown on family farms, adding value through its proprietary roasting technology, to deliver homegrown healthy snack products to the world. As an established consumer packaged foods brand, the Company delivers a variety of product lines including Three Farmers Camelina Oil and Three Farmers Roasted Snacks consisting of roasted chickpeas, roasted peas and whole roasted lentils.
With its home base in Saskatchewan, the Company was founded by three farmers, a group of second and third generation local farmers, and two local sisters – Natasha Vandenhurk, Chief Executive Officer and Director, and Elysia Vandenhurk, Chief Revenue Officer and Red Seal Chef. Although the company’s products are all locally sourced, Three Farmers has grown to have a global reach with the Company’s healthy snack products now sold in over 4,000 retailers across North America, including all national grocery retail chains, and online through the Amazon platform.