The latest report from the Intergovernmental Panel on Climate Change (IPCC) confirms that human behaviour, and particularly greenhouse gas emissions, are the main driver of climate change.
As the world looks for solutions around waste mitigation and reducing carbon emissions, we have come up with game changing technology that will create significant impact.
We have developed a first-of-its kind intellectual property that transforms waste stream food into high purity, nutrient dense, long shelf-life natural health products.
Our company is using $10M Series A financing to invest in R&D, expand our manufacturing capabilities and recruit top talent. We have expanded capacity in our Dartmouth, Nova Scotia facility from 3,500 square feet to 12,000 square feet and later this month we will open a 45,000 square foot manufacturing and distribution facility in Burlington, Ontario.
This plant that will be the world’s first, purpose-built facility dedicated to upcycling the many different types of waste stream food. These processing plant expansions will help us divert more than 1,000,000 pounds of food per month from going to waste and meet the need for increased production, fulfillment and product development.
Our next stop is interior BC. By strategically setting up near dense agriculture regions, established distribution routes, and manufacturing sites we are able to minimize costs associated with time and distance to ship materials to us and optimize distribution for our finished products.
The idea behind the technology is propelled by the fact that the search for healthy, good for you (and for the planet) snacks, supplements, and ingredients is on the rise. Our new product development and innovation pipeline is creating a new class of ahead-of-trend products to fit existing and future industry categories.
Our company’s B2B ingredient business will supply the needs of other forward-thinking consumer brands. Our team works closely with local farmers, grocers, and food manufacturers, taking their rejected, irregular, or past date surplus fruits and vegetables.
You may or may not know, but over 30% of all food produced globally is lost or goes to waste. Upcycled food prevents this problem by creating new, high-quality products from surplus food. According to a recent study by Mattson, 60% of people want to buy more upcycled food products and 95% of people want to do their part to reduce food waste.
We recently formed partnerships with Riverside Natural Foods and Happy Planet to provide ingredients for their products with others in the pipeline and are exploring options in variety of products from pet food to protein powders, and branded dietary supplements.
Big brands are looking to make their mark in sustainability and product development teams recognize the need to move consciously towards meaningful change which upcycling can offer. Second to that, we are seeing the customer is embracing the idea and it continues to become more mainstream across industries.
Ultimately, we are seeing a profound shift in the upcycling movement. What was once a very niche concept is now something that consumers are seeking out and that bigger brands are pursuing in their product offering. I believe that the impact we are making, the mission itself, is something that resonates with people. What’s exciting is that this technology is completely scalable and something that has massive potential.