District Ventures Capital has taken the lead in a $10 million funding round for Outcast Foods, a groundbreaking plant-based technology company. The investment, which includes a $5 million equity injection from District Ventures and a matching contribution from BDC Capital, aims to combat food waste and promote sustainability.
Founded in 2017 by serial entrepreneur Dr. Darren Burke and former NHL forward TJ Galiardi, Outcast addresses the global issue of food waste in an innovative and sustainable manner. The company employs cutting-edge food upcycling technology to transform rejected, surplus, or past-date fruits and vegetables from local farms, food processors, and grocers into high-quality, nutrient-dense, and sustainable food products.
Outcast’s product range includes ‘Plant-Strong’ upcycled protein powders and dietary supplements, along with plant-based ingredients supplied to various industries such as cosmetics, agriculture, and pet food manufacturing. The company not only contributes to reducing food waste but also plays a role in creating a more sustainable future for food production.
Arlene Dickinson, General Partner of District Ventures Capital, expressed enthusiasm for supporting a company that addresses food waste issues while contributing to sustainable food production. Outcast’s unique approach aligns with the fund’s focus on investing in innovative companies in the food & beverage and health & wellness sectors.
Dr. Darren Burke, Co-Founder and CEO of Outcast Foods, highlighted the company’s commitment to turning food waste into high-quality natural health products. The innovative process benefits the entire supply chain, reducing costs for retailers, minimizing carbon footprints, and providing customers with delicious and sustainable products. TJ Galiardi, Co-Founder of Outcast Foods, expressed readiness and excitement to scale operations with the support of their new partners.
Cheri Corbett, Director, Cleantech Practice at BDC Capital, emphasized the environmental impact of ventures like Outcast Foods, which contribute positively to reducing greenhouse gas emissions associated with food waste. BDC Capital is thrilled to support Outcast Foods and looks forward to witnessing the growth of this forward-thinking firm with high potential.
Outcast Foods, currently operating from its Dartmouth, N.S. facility, collaborates with multiple grocers, manufacturers, and farmers across Canada to repurpose approximately one million pounds of daily food waste. Positioned as a ‘first-to-market’ entity in the upcycled food category, the company has ambitious plans to scale significantly in 2021.
District Ventures Capital stands out as a leading ecosystem in Canada, providing capital, marketing support, programming, and commercialization assistance to companies in the consumer packaged goods (CPG) space. Led by Arlene Dickinson, the venture capital fund plays a pivotal role in fostering innovation in the food & beverage and health & wellness sectors.
To delve deeper into the insightful world of Dr. Darren Burke and stay updated on his latest thoughts, discoveries, and professional endeavors, be sure to follow his blog and connect with him on Facebook, Twitter, Instagram, and LinkedIn. Your journey into the realms of knowledge and innovation awaits!
Reference
https://westerngrocer.com/district-ventures-leads-10-million-investment-plant-based-technology-company/
Your article helped me a lot, is there any more related content? Thanks!
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good. https://accounts.binance.info/ES_la/register?ref=VDVEQ78S
Your article helped me a lot, is there any more related content? Thanks!
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://www.binance.com/en/register?ref=JHQQKNKN
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thanks for sharing. I read many of your blog posts, cool, your blog is very good. https://accounts.binance.info/fr-AF/register-person?ref=JHQQKNKN
2q0wjl
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
n6sqtx
икю тест
Alright mates, just wanna say I’ve been kickin’ around on kk99game lately and it’s not bad! Got some decent slots and the site runs smooth as butter. Give it a burl, yeah? kk99game
fa0ula
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.info/en-ZA/register-person?ref=B4EPR6J0
Your article helped me a lot, is there any more related content? Thanks!
Your article helped me a lot, is there any more related content? Thanks!
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Signed up for km88abcvip and no regrets. The VIP experience is great, well worth it. Give it a shot! km88abcvip
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
aret23
9mgyly
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Heard some whispers about megacasinovn and decided to check it out. Pretty solid! Decent selection of games and seems legit. Thumbs up. megacasinovn
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Your article helped me a lot, is there any more related content? Thanks! https://accounts.binance.info/uk-UA/register?ref=XZNNWTW7
Your enticle helped me a lot, is there any more related content? Thanks! https://accounts.binance.info/si-LK/register?ref=LBF8F65G
Your article helped me a lot, is there any more related content? Thanks! https://www.binance.info/de-CH/register?ref=W0BCQMF1
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. https://accounts.binance.info/register-person?ref=QCGZMHR6
Yo, 888p1com is alright. It’s got the basics covered, nothing too crazy. If you’re looking for something low-key, give it a shot. Links right here: 888p1com
467m6t
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
0ppciu
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://www.binance.info/register?ref=QCGZMHR6
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://accounts.binance.com/es-MX/register?ref=GJY4VW8W
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Oi, keen on joining FB88? 88bettop1.com is where it’s at for registration, apparently. Get yourself signed up here: đăng ký fb88 88bettop1.com. Give it a go!
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.info/en-ZA/register-person?ref=B4EPR6J0
Thanks for sharing. I read many of your blog posts, cool, your blog is very good. https://www.binance.com/join?ref=QCGZMHR6
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://www.binance.com/join?ref=QCGZMHR6
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.com/register-person?ref=JW3W4Y3A
Your point of view caught my eye and was very interesting. Thanks. I have a question for you. https://www.binance.com/register?ref=JW3W4Y3A
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://accounts.binance.com/ka-GE/register-person?ref=ILE8IH9H
07n8i4