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COMET logo — Manufacturer of Arrabina® — Nature's Best Dietary Fiber, Per...

COMET

Manufacturer of Arrabina® — Nature's Best Dietary Fiber, Perfected.

Founded 2009 Canada London, Canada 19 employees Series C Total: $22.00M Agriculture, Biotechnology

General Information

Company Name COMET
Founded Year 2009
Location Canada London, Canada
Employees 19
Industries Agriculture, Biotechnology
Funding Stage Series C
Business Model B2B, B2B2C
Revenue Model Product Sales, Tiered Pricing
Social

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About COMET

COMET, founded in 2009, is an innovative player in the Agriculture and Biotechnology industries. With headquarters in Canada, this award-winning company specializes in producing Arrabina®, hailed as "Nature's Best Dietary Fiber, Perfected." The proprietary line of upcycled and certified fibers is versatile for integration into a wide range of food and beverage applications, setting COMET apart in the functional ingredients market.

The company last attracted a significant $22.00M in a Series C investment round on 13 July 2021, led by prominent investors including Sofinnova Partners, Louis Dreyfus Company, BDC Capital Cleantech Practice, Open Prairie, BDC Venture Capital, and the Business Development Bank of Canada. This financial endorsement underscores a robust confidence in COMET's potential to disrupt the market and provide sustainable solutions in the food industry.

Business keywords: dietary fiber, prebiotics, sugar reduction, food technology, food ingredients, upcycling, gut health, digestive health, cellulosic glucose technology, renewable biofuels, biochemicals, renewables industries, gut microbiome, food innovation

Services & Products

Development and Production of Prebiotic Fibers
Sustainable Food Solutions
Nutritional Innovation

Target Customers

Food and Beverage Manufacturers Health and Wellness Brands Dietary Supplement Companies Functional Food Producers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $22.00M 7
Sofinnova Partners
Sofinnova Partners, Louis Dreyfus Company +5
13 Jul 2021
Venture Round Undisclosed 2
Sofinnova Partners PM Equity Partner
Sofinnova Partners, PM Equity Partner
16 Jul 2019
Venture Round Undisclosed 1
Sofinnova Partners
Sofinnova Partners
02 Mar 2017
Venture Round Undisclosed -
25 Feb 2015

COMET Alternatives & Competitors

COMET vs
AgriFiber Solutions
AgriFiber Solutions United States

We transform nature's most versatile crops into high-performance prebiotics, binders, emulsifiers, a...

2 employees
Agriculture, Biotechnology

FAQ About COMET

Manufacturer of Arrabina® — Nature's Best Dietary Fiber, Perfected.
COMET was founded in 2009.
COMET is headquartered in London, Canada.
COMET operates in Agriculture and Biotechnology. Its work centres on dietary fiber, prebiotics, sugar reduction and food technology. Its customers include Food and Beverage Manufacturers, Health and Wellness Brands and Dietary Supplement Companies.
COMET has a B2B and B2B2C business model. Its revenue comes from Product Sales and Tiered Pricing.
COMET has approximately 19 employees.
COMET has completed 4 funding rounds, raising a total of $22.00M. The latest funding stage is Series C.
COMET offers: Development and Production of Prebiotic Fibers, Sustainable Food Solutions, Nutritional Innovation.
Top alternatives and competitors to COMET include AgriFiber Solutions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
COMET and AgriFiber Solutions are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for COMET, https://bouncewatch.com/company/comet-2, updated 30 April 2026. When citing, please name BounceWatch and link this page.

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