Halifax-based Novagevity is celebrating a surge in demand for Sperri, its organic, plant-based meal replacement drink, and is raising funds to finance staffing, R&D and distribution.
The company is about half-way through a Series A round in which it hopes to raise $5 million, after closing an over-subscribed angel funding round last year.
Novagevity was co-founded in 2019 by serial entrepreneurs Gregg Curwin and Dr. Mary Lynch. Demand for Sperri recently soared when it won the LaunchPad award from the Canadian Health Food Association.
“We won this big award we didn’t think we had a