Tech Company Financing Transactions
Relocalize Funding Round
i4 Capital, Waterpoint Lane and RGS Ice participated in a $2.5 million Seed funding round for Relocalize. This venture round was announced on 10/3/2023.
Transaction Overview
Company Name
Announced On
10/3/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to prepare its autonomous production platform for scaling and to solidify its leadership position as the industry's first mover in distributed, hyper-local food & beverage manufacturing.
Company Information
Company Status
Private & Independent
Industry
FoodTech
Mailing Address
5925 Monkland Avenue 204
Montreal, Quebec, H4A 1G7
CA
Montreal, Quebec, H4A 1G7
CA
Phone
Undisclosed
Website
Email Address
Overview
Relocalize is revolutionizing retail food supply chains with distributed networks of fully autonomous hyperlocal micro-factories. RELO micro-factories produce fresher, greener, and more affordable packaged foods and beverages. They co-locate food production, packaging, and distribution in close proximity to distribution centers to achieve localized fulfillment, eliminating needless "middle mile" transportation, a driver of climate change.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wayne McIntrye
Chief Marketing Officer
Beth Thouin
Chief Operating Officer
Graham Campbell
Chief Technical Officer
Leigh Copp
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