VANCOUVER, British Columbia – Reusables.com, a leading zero-waste packaging platform, has received $100,000 from Sustainable Development Technology Canada (SDTC), an independent federal foundation that funds Canadian companies developing new climate technologies. secured seed investments. This investment from SDTC will allow Reusables to expand its IoT-enabled technology platform to help more food businesses transition to a circular economy in packaging.
Reusables’ technology-enabled platform for zero-waste packaging has emerged as an innovative solution to single-use plastic waste since its launch in 2021, opening opportunities with food retailers and packaging distributors across North America. We are building a large pipeline of Reusables is backed by Ryan Holmes and Manny Padda through LOI Venture and is currently raising seed his round to expand the network in the US and Canada.
Governments around the world are demanding that food businesses move away from single-use plastics to a more circular economy in packaging. In the United States, The Wall Street Journal reports that only 5% of plastic is actually recycled, and alternatives such as biodegradable or compostable plastic are being scrutinized. Large food companies such as Starbucks, Roblox, and Walmart have ambitious sustainability initiatives, and Reusables has created a turnkey solution to meet these goals.
“SDTC invests in pioneers in clean technology. It has the potential to transform Canada’s environment and economic prosperity. ” Reusables CEO and co-founder Jason Hawkins said: “We are honored to have their endorsement and look forward to a long-term partnership focused on impact.”
“Capturing the opportunity of Canada’s net-zero economy requires supporting all stages of innovation. SDTC is proud to support young, innovative companies to bring their ideas to life.”
– Leah Lawrence, President and CEO, SDTC
Reusables was also recently approved for the Canadian Technology Accelerator (CTA) for climate technology companies looking to expand and raise funding in the US.
About Reusables.com:
Reusables.com is the industry’s leading zero-waste packaging platform and technology solution to the single-use plastic waste problem. Reusables helps food companies and their customers transition to a circular economy by providing tracking technology and digital experiences that make reusable packaging easy. By becoming a re-user, you can enjoy takeout from participating stores as much as you like without putting out garbage in the container. Returns are managed through an easy-to-use app, and Reusables has partnered with industry-leading distribution and cleaning providers.
About Sustainable Development Technology Canada
At SDTC, we support companies trying to do extraordinary things. From initial funding to educational support, peer learning and market integration, we are invested in helping small businesses grow into successful employers of Canadians. We work relentlessly to help companies grow and scale in an increasingly competitive marketplace. The innovations we fund can help solve some of the world’s most pressing environmental challenges: climate change, regeneration through a circular economy, and the survival of people in their natural environments as they interact with their communities. happiness.
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