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Cleantech Startup Relocalize Secures $4.78 Million CAD to Develop Hyperlocal Food Distribution
Introduction Montreal-based cleantech startup, Relocalize, is on a mission to transform the way we think about food production and distribution. With a recent seed round investment of $4.78 million CAD ($3.5 million USD), led by i4 Capital and Waterpoint Lane, and joined by RPG Ice, Relocalize is well on its way to becoming a leader in hyperlocal food and beverage manufacturing. This investment in food tech is a significant step towards addressing climate change and revolutionizing the traditional food supply chain.     A New Approach to Food and Beverage Manufacturing Relocalize's vision is to dramatically reduce the carbon footprint associated with food production and distribution by eliminating the so-called "electric middle mile." The middle mile refers to the transportation of goods over intermediate distances, often using electric vehicles to reduce emissions. Instead of merely electrifying this middle mile, Relocalize's innovative approach is to eliminate it entirely.
  1. Wayne McIntyre, CEO and co-founder of Relocalize, emphasized the urgency of decarbonizing food production and the growing market demand for sustainable and affordable products. He noted that their technology allows them to make food where people live, significantly reducing the need for long-haul transportation. While many are focusing on electrifying trucks, Relocalize's strategy is to replace them entirely, paving the way for a more environmentally friendly and efficient food system.
    A Partnership That Transforms Food Distribution One of Relocalize's key partnerships is with Southeastern Grocers, which was announced in March. Together, they are piloting an autonomous micro-factory known as RELO at a distribution center in Jacksonville, Florida. This innovative micro-factory is successfully producing the world's first hyper-local, certified plastic-negative packaged ice on-demand for local supermarkets. This partnership demonstrates the feasibility and potential of producing food and beverages at the point of distribution.     Relocalize's Impact on the Environment Relocalize's primary product, packaged ice, may seem like an unconventional choice, but it aligns perfectly with their mission. Grant Jobb, Relocalize's co-founder, previously owned Spring Water Ice, which was acquired by Arctic Glacier in 2015. The ice industry is substantial in Florida, and the weight and long-distance transportation of ice products make them ideal candidates for localized production. In addition to reducing carbon emissions, Relocalize's technology significantly cuts road transportation and water waste. Each robotic-enabled micro-factory has the capacity to produce, package, palletize, and store up to 1.6 million bags of ice per year, supplying local retail stores with a hyper-local product.   Investment in Food Tech for a Sustainable Future In a world where software startups often dominate the investment landscape due to their lower capital requirements and familiar business models, hardware-intensive cleantech companies like Relocalize face unique challenges. However, with the recent seed round investment in food tech, the startup has demonstrated that it is possible to secure the capital needed to revolutionize the food and beverage manufacturing industry.     Conclusion Relocalize's groundbreaking approach to hyperlocal food and beverage manufacturing, as well as its commitment to sustainability and climate change mitigation, positions it as a leader in the cleantech and food tech sectors. With the recent $4.78 million CAD seed round investment in food tech, the company is well-equipped to continue its journey toward a more sustainable and efficient food supply chain, eliminating the "electric middle mile" and offering a real alternative to the traditional food system.