Odd Burger Corp V.ODD

Alternate Symbol(s): ODDAF

Odd Burger Corporation is a Canada-based franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods (CPG) line. Odd Burger restaurants operate as smart kitchens, which use cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. It operates with small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, and a vertically integrated supply chain. Its product menu includes Breakfast, Burgers, ChickUN, Salads & Wraps, Sides, Desserts & Shakes, Beverages and Gluten-Friendly. Its breakfast products include Hash Browns, Ham Breakfast Sandwich, BacUn Breakfast Sandwich, and others.

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Post by 7Twiggyon Jan 10, 2025 8:55pm

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London Free Press - ODD BERGER

London's vegan fast food chain raises capital, grows into U.S. market

London-made vegan burgers may soon hit the grill under the Florida sun and in Washington state, too, as the Odd Burger chain expands.

Norman De Bono

Published Jan 08, 2025 • 2 minute read

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Katie McInnes, director of operations for Odd Burger, displays one of their menu items, the Famous Burger, at the vegan restaurant chain’s location at Commissioners Road and Wellington Road in London on January 7, 2025. (Derek Ruttan/The London Free Press)

London-made vegan burgers may soon hit the grill under the Florida sun and in Washington state, too, as the Odd Burger fast-food chain expands into the U.S.

Odd Burger, born in London but now selling across Canada, recently issued 1.7 million more shares of the company to raise $430,000, said co-founder and chief executive James McInnes.

That move pushes the market value of Odd Burger to $28 million. And with 40 franchises sold in Florida and another 20 in Washington State, the value likely will rise, he said.

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“We’re at a critical growth stage now. I think we’ll have a great year,” McInnes said.

Odd Burger has about 20 locations across Canada, from Victoria to Ottawa, including two in London with one at Commissioners and Wellington roads and another on the Western University campus.

Vasiliki and James McInnes, left, co-founders of Odd Burger, Matthew Davison, dean of science at Western University, Colin Porter, director of hospitality services at Western, and Odd Burger director of operations Katie McInnes cut the ribbon on the franchise that opened on campus on Monday, Jan. 22, 2024.

It also sells prepared food items into more than 20 stores, mostly small, independent health food retailers, including Sobey’s and Quarter Master Natural Foods in London.

“We’re by far the largest publicly traded vegan fast-food chain. I don’t think there’s another one,” McInnes said. “But even if you look at vegan restaurants, we’re in the Top 10.”

But the U.S. expansion looms and McInnes expects some Odd Burgers outlets will open there within about six months.

“It’s been a whirlwind but we managed to get funding, which is super exciting. We’re going through some huge growth. We will open a lot of restaurants,” said McInnes. “We’re able to push forward and add new locations.”

All Odd Burger’s food is manufactured in London on Consortium Court and shipped across the country, and soon into the U.S.