Business
Food Cycle Science Secures Strategic Investment from Power Sustainable Lios to Accelerate Growth
Food Cycle Science Secures Strategic Investment from Power Sustainable Lios to Accelerate Growth ...
About this update from Power Corporation Of Canada
[{"type":"text","content":"\n \n \n \n Food Cycle Science Secures Strategic Investment from Power Sustainable Lios to Accelerate Growth\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n and\n \n OTTAWA, ON\n \n \n ,\n \n \n June 11, 2024\n \n \n /CNW/ -- Power Sustainable Lios Inc. (\"PSL\"), the sustainable agrifood investment group of Power Sustainable (\"PS\"), announced today it has invested in Food Cycle Science Corporation (\"Food Cycle Science\", or \"FCS\"), providing FCS with strong institutional backing in direct support of their continued growth in\n \n Canada\n \n and internationally. FCS's FoodCycler\n \n ®\n \n is an award-winning electric food waste recycler that transforms food scraps into a dry, odour-free by-product, avoiding methane emissions that result from food waste breaking down in landfills.\n \n \n \n \n \n \n \n \n \n FCS designs and delivers waste solutions that enable individuals, businesses, and communities to manage their food waste conveniently and sustainably. To date, FCS has delivered over 250,000 units that are in use in over 20 countries. These solutions are both cost-effective and user-friendly, using energy-efficient technology to process food waste in homes in a manner that eliminates odours and reduces volume by up to 90%. This essential infrastructure can decrease food waste emissions by more than 75% while complementing existing systems like municipal composting and anaerobic digestion programs.\n \n \n Founded in 2011, FCS sells its innovative devices to consumers in\n \n North America\n \n ,\n \n Asia\n \n , and beyond. FCS launched its first household unit in\n \n North America\n \n in 2017 and now works closely with global distributors, US waste haulers, and food service operators. FCS also partners with municipalities to offer its cutting-edge solutions, winning multiple awards and recognitions for its breakthrough technology and achieving high consumer ratings. Aiming to eliminate the world's food waste, FCS continues to lead in sustainable waste management.\n \n \n \"We ...