Relocalize, a cleantech startup based in Montreal, Quebec, Canada, has secured $5.8M in Seed funding.
Investors
- Desjardins Capital
- i4 Capital
- Waterpoint Lane
- RGS Ice
Use of funds
The company plans to utilize the funds to expand its engineering team and enhance its autonomous microfactory platform.
About Relocalize
Under the leadership of CEO D. Wayne McIntyre, Relocalize is making significant strides in the development of autonomous production platforms. These platforms are strategically located in retailer distribution centers, allowing players in the food and beverage industry to reduce unnecessary transportation and the resulting emissions.
“The addition of Desjardins Capital as a capital partner at the seed stage is a significant boost to our vision of a truck-free future for manufactured foods. We will rapidly expand the implementation of our innovative micro-factories with grocery retailers.”
D. Wayne McIntyre
