Power Sustainable Lios has invested in Food Cycle Science Corporation to support the growth of its innovative food waste recycling solutions in Canada and internationally.
Target Information
Power Sustainable Lios Inc. ("PSL"), the sustainable agrifood investment division of Power Sustainable, has made a strategic investment in Food Cycle Science Corporation ("FCS"). This investment is designed to provide FCS with substantial institutional support as it continues to expand its operations both in Canada and internationally. The company's flagship product, the FoodCycler®, is an award-winning electric food waste recycler that converts food scraps into a dry, odor-free byproduct, significantly reducing methane emissions typically generated from food waste decomposing in landfills.
Food Cycle Science focuses on providing innovative waste solutions that empower individuals, businesses, and communities to manage food waste sustainably and conveniently. To date, FCS has successfully delivered over 250,000 units across more than 20 countries. The technology is energy-efficient and user-friendly, capable of reducing food waste volume by up to 90%, and can decrease food waste emissions by over 75%. This innovative infrastructure complements existing waste management systems, such as municipal composting and anaerobic digestion programs, playing a crucial role in sustainable waste management.
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Industry Overview in Canada
Canada's food waste crisis has garnered considerable attention in recent years, as it accounts for a significant portion of the waste sent to landfills. Approximately 58% of food produced in Canada ends up wasted, equating to more than $49 billion annually. This waste contributes significantly to
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Power Sustainable Lios Inc.
invested in
Food Cycle Science Corporation
in 2024
in a Growth Equity & Expansion Capital deal