MONTREAL, Oct. 3, 2023 /PRNewswire/ – Relocalize, the developer of the world’s first autonomous micro-factory for the food & beverage industry, announced today that it has raised US$2.5 million in the initial closing of a US$3.5 million seed round led by i4 Capital and Waterpoint Lane.
The proceeds from the round will be used to prepare Relocalize’s autonomous production platform for scaling and to solidify its leadership position as the industry’s first mover in distributed, hyper-local food & beverage manufacturing.
D. Wayne McIntyre, Co-founder and CEO of Relocalize, expressed his excitement stating, “This is a big step towards a truck-free future for our food system. It reflects both the urgent need to decarbonize food production and the high market demand for sustainable and affordable products.”
Also joining this round is RGS Ice, LLC, a California-based private equity investor focused on investments in retail and technology led by managing partner David J. Moore.
The new seed investors bring valuable expertise in cleantech, advanced manufacturing, and deep tech. i4 Capital is committed to building a prosperous and responsible future by championing innovative, disruptive technologies. Waterpoint Lane focuses on driving sustainability, social, and economic outcomes, shaping a positive future for our planet. The company is proud to collaborate with these pioneers in building a relocalized future for manufactured foods.
Tim Tokarsky, Founder & Managing Partner of i4 Capital, said, “We believe that Relocalize’s micro-manufacturing technology will help reinvent the way consumers access quality food and beverage products. The world’s first hyper-local micro-factory for packaged ice is just the beginning; numerous applications will leverage their disruptive manufacturing platform, directly cutting GHG emissions.”
Ben Gibbons, Founder & Managing Partner of Waterpoint Lane, said, “We are excited to partner with the Relocalize team to advance our shared vision for a more sustainable food system. By harnessing the potential of Relocalize’s technology, it becomes possible to both decarbonize and decentralize key segments of the food and beverage supply chain. Their approach is not just innovative; it is transformative, setting a new standard for the industry.”
In March 2023, Southeastern Grocers announced a partnership with Relocalize to pilot an autonomous micro-factory, known as RELO, at their Jacksonville distribution center. The pilot RELO is successfully producing the world’s first hyperlocal, certified plastic-negative packaged ice, on-demand for local supermarkets in Florida. Building on this achievement, Relocalize plans to install multiple new systems to further impact climate change mitigation.
The company recently received international recognition for sustainability innovation, winning major awards such as “Best Climate Change Innovation” at CogX and “Sustainability Product of the Year” by the Business Intelligence Group, alongside major brands like DHL, Honeywell, IBM, S&P Global Sustainable1, and Siemens. Relocalize’s recent accolades also include the Real Leaders Awards, the CDL-RBCx Innovation Prize, the CFIN FoodTech Next Award, Clean50 Top Projects, and the FoodTech 500.
About Relocalize
Relocalize offers autonomous food production platforms as a service (PaaS) to grocery and convenience retailers. Positioned at retailer distribution and fulfillment centers, these micro-factories, known as RELOs, produce CPG products on-demand for 100–200 retail stores. Each RELO performs all the functions of a traditional factory but at approximately 1/20th the scale, aiming to disrupt the US$1+ trillion ice and beverage CPG market by eliminating 100% of transportation-related CO2 emissions and waste.
About i4 Capital Fund
i4 Capital is a venture capital fund with over $40 million dedicated to early-stage, innovative companies developing disruptive technologies. I4 Capital focuses on innovative manufacturing/Industry 4.0, CleanTech, information technology, and advanced technologies, aiming to transform industries and economic sectors.
About Waterpoint Lane
Waterpoint Lane is a venture capital and growth equity firm specializing in the agrifoodtech sector, dedicated to revolutionizing the global food system by investing in growth stage enterprises that are reshaping the way we produce and consume food.
STOCKHOLM, Oct. 3, 2023 /PRNewswire/ — ASSA ABLOY will release its Q3 report 2023 on Wednesday 25 October 2023 at 08:00 am (CEST). A conference call and webcast will be held following the release of the results, starting at 09:30 am (CEST) and continuing until 10:30 am (CEST). The presentation will be hosted by Nico Delvaux, President and CEO, and Erik Pieder, CFO, followed by questions and answers.
Slides used in the presentation will be available shortly after the release of the report on our website.
Enter the conference call and download presentation material at:
GRAND RAPIDS, Mich., 3 de octubre de 2023 /PRNewswire-HISPANIC PR WIRE/ — Meijer ha anunciado hoy que sus clientes han desviado 10 millones de libras de residuos alimentarios potenciales a través de la aplicación Flashfood, lo que le convierte en el primer minorista de todo el país en alcanzar este hito con Flashfood.
Desde la expansión del programa a través de Meijer en 2021, los clientes han comprado 10 millones de libras de alimentos en Flashfood, que ofrece grandes descuentos en comestibles cerca de su fecha de caducidad, evitando que potencialmente entren en los vertederos.
“Los alimentos son el núcleo de lo que hacemos, y siempre estamos buscando maneras de reducir el uso de vertederos porque es lo correcto para nuestros clientes y comunidades”, dijo Erik Petrovskis, Director de Cumplimiento Ambiental y Sostenibilidad de Meijer. “Nuestra asociación con Flashfood ya ha crecido más allá de nuestras expectativas, pero este logro récord nos tiene expectantes ante el futuro crecimiento del programa.”
Meijer lanzó Flashfood como un programa piloto en noviembre de 2019 en un puñado de sus supercentros en el área metropolitana de Detroit. Después de reducir los desperdicios de alimentos en las tiendas en un 10 %, Meijer amplió la oferta a todas sus tiendas en 2021. En la actualidad, 264 tiendas Meijer ofrecen el programa, incluidos todos los supermercados y tiendas de comestibles del minorista.
A través de la aplicación Flashfood, los clientes compran alimentos próximos a su fecha de caducidad, como carne, productos agrícolas, marisco, charcutería, productos lácteos y panadería, con un descuento de hasta el 50 %. A continuación, los clientes recogen los alimentos en la zona Flashfood situada en la entrada de las tiendas Meijer. Según los datos de Flashfood, el artículo más comprado en Meijer a través de Flashfood es la caja de frutas y verduras del minorista. Otros de los artículos más comprados a través de la aplicación son la carne picada y el salmón del Atlántico.
Flashfood se asocia con los minoristas para subir a la aplicación los excedentes de artículos de alimentación de fecha próxima con un descuento de hasta el 50 %, lo que ofrece a los consumidores grandes ofertas en comestibles a la vez que evita el desperdicio de alimentos. Los clientes pueden ir a la aplicación, seleccionar una tienda Meijer, elegir los artículos que deseen comprar y pagarlos directamente en la aplicación. Después pueden ir a la tienda a recoger sus artículos y confirmar su pedido con el servicio de atención al cliente.
“Hemos visto un impulso increíble en nuestra asociación con Meijer, sobre todo después de ampliar la disponibilidad de la aplicación en todas las tiendas – y estamos encantados de celebrarlo como nuestro primer minorista de EE.UU. en alcanzar este importante hito”, dijo Brody Slacer, Jefe de Crecimiento de Socios en Flashfood. Trabajar con Meijer ha dado a miles de compradores acceso a alimentos asequibles y de alta calidad, al tiempo que reduce el impacto del desperdicio de alimentos en el comercio minorista”. Un raro ganar-ganar para las personas y el planeta”.
La iniciativa representa una de las formas en que Meijer ofrece sostenibilidad y valor a sus clientes. El minorista también está invirtiendo en energía solar renovable, añadiendo cargadores para vehículos eléctricos en más tiendas y ha invertido más de $1.5 millones en el Consejo de la Región de los Grandes Lagos desde 2022. Meijer también celebrará su segunda Cumbre de Sostenibilidad en octubre, dando a los vendedores de todo el país la oportunidad de mostrar sus productos centrados en el medio ambiente a los comerciantes de Meijer. Para obtener más información sobre las muchas formas en que el minorista materializa su compromiso con la sostenibilidad, visite meijercommunity.com.
Acerca de Meijer: Meijer es un minorista con sede en Grand Rapids, Michigan, que opera más de 500 hipermercados, Meijer Grocery, mercados de barrio y establecimientos exprés en Michigan, Ohio, Indiana, Illinois, Kentucky y Wisconsin. Una compañía de propiedad privada y operación familiar desde 1934, Meijer fue pionera en el concepto de “compras en un solo lugar” y ha evolucionado a lo largo de los años para incluir departamentos ampliados de productos frescos y carnes, así como farmacias, departamentos completos de ropa, departamentos de mascotas, centros de jardinería, juguetes y electrónica. Para obtener más información sobre Meijer, visite www.meijer.com. Siga a Meijer en Twitter @twitter.com/Meijer y @twitter.com/MeijerPR o hágase fan en www.facebook.com/meijer.
BRAINTREE, Mass., Oct. 3, 2023 /PRNewswire/ — Pallas Capital Advisors, LLC (“Pallas Capital”), is pleased to announce that Andrew Krout, Senior Vice President, Wealth Management has joined the growing team of experienced independent wealth advisors and client relationship managers at the firm.
Andrew manages over $100 million and personifies the emerging generation of financial advisors, infusing the industry with fresh perspectives, innovation, and deep expertise. With years of financial planning and investment strategy experience, Andrew is well-positioned to serve as a role model and contribute significantly to the firm’s next-generation initiatives.
Pallas Capital is prepared to empower Andrew with valuable resources and growth opportunities, propelling his career further in the industry. Andrew has already positioned himself as a forward-thinking next–generation Advisor, as he was most recently recognized as Forbes 2023 Top Next-Gen Wealth Advisor Best-In-State. This accomplishment is based on industry experience, client retention, assets under management, revenue trends, and compliance records and neither Pallas Capital Advisors nor its advisors pays a fee in exchange for the ranking.
“As the industry continues to evolve, the choice to align with Pallas Capital was a clear and compelling one. As I delved deeper into Pallas Capital’s core values, comprehensive planning solutions, unique investment opportunities, abundance of resources, and exceptional collaborative culture, it became evident that this was a valuable opportunity for me and my clients. I knew that Pallas Capital would be capable of offering clients an all-encompassing range of wealth management strategies and new opportunities.” – Andrew Krout, Senior Vice President, Wealth Management
“Over the past year, it has become evident that advisors are actively seeking resources to adeptly navigate the dynamic landscape of the industry and better serve their clients’ goals and objectives. We are steadfast in our pursuit of advisors who not only resonate with our practice philosophy but more significantly, harbor a strong aspiration to expand their practice within the Ultra-High-Net- Worth domain. As fellow advisors, we know well what can truly elevate the client experience and ultimately benefit advisors as well,” Pallas Capital’s CEO and Founding Partner, Richard Mullen, stated.
Per Greg Boyle, CGO and founding partner “When we started Pallas a little over four years ago, our goal was to attract the best and brightest financial advisors. We knew they would thrive and grow if surrounded by resources, culture, and easier access to more innovative financial options for their clients than they were getting at their large, commoditized firms. Fast forward to today, and we are thrilled to have advisors like Andrew join our firm.”
Andrews’s skills synergizing with the Pallas team’s capabilities within financial planning for ultra-high-net-worth clients, will serve to enhance his approach even further. Andrew’s deep understanding of the modern financial landscape and trends, combined with his passion for empowering clients to achieve their goals, sets him apart and we are overjoyed to have him on our team.”
We eagerly anticipate witnessing Andrew’s future achievements on behalf of his clients as he leverages Pallas Capital’s innovative team, platform, investment models, and extensive access to alternative and traditional offerings to help preserve and grow clients’ wealth.
If you are an advisor considering making the move to independence, please visit us at https://pallascapitaladvisors.com/for-advisors/ to learn the additional ways that Pallas Capital is innovating the art and science of modern financial planning.
Important Disclosures Advisory services offered through Pallas Capital Advisors, LLC, a registered investment advisor. Advisory services are only offered to clients or prospective clients where Pallas Capital Advisors and its representatives are properly licensed or exempt from licensure.
Media Contact and Interview Requests: Taylor McCormack, Marketing & Communications 781-971-5052 [email protected]
NEW YORK, Oct. 3, 2023 /PRNewswire/ — Crypto‘s next Pepe or Dogecoin could be meme coin battling platform Meme Kombat, after it raised $230,000 to kick off its ICO.
Already a quarter of the way to its initial $1 million raise target, Meme Kombat targets three of the most lucrative sectors in crypto: gaming, meme coins and gambling.
It is building a gaming ecosystem where popular meme characters come together to battle it out, and users wager on the outcomes.
Meme Kombat’s product offering stands in stark contrast to meme coins like Dogecoin, which has no redeeming utility features. Pepe doesn’t fair much better in that regard. Pepe coin price is down 10% today at $0.0000007387.
As a battling platform for meme characters, Meme Kombat appeals right across the meme spectrum, whichever community, or none, that someone might be invested in.
The platform is built on a fully decentralized Web3 architecture, which means trust and transparency are robustly integrated at the base layer.
Meme Kombat‘s gaming and gambling platform also offers a low-risk passive income stream
Unlike utility-lite Dogecoin, with Meme Kombat you can stake-to-earn to lock-in a passive income stream.
Stakers currently earn an enticing annual percentage yield (APY) of 112% (see more on staking below). In finance, of which crypto is a subset, generally speaking, the higher the yield the higher the risk.
But with Meme Kombat the risk remains low because the yield is paid out of the tokens allocated to community rewards.
A staking dashboard to show the real-time tally of staked coins in the pool is coming soon. In the meantime, presale buyers can choose to stake their coins immediately and start earning.
Meme Kombat token ($MK) can be bought today for $1.667.
Season 1 launches immediately after the presale ends, featuring 11 meme characters
Season 1 of Meme Kombat rolls out immediately after the presale ends.
There are 11 meme characters available to battle with in Season 1: Milady, Baby Doge, Doge, Floki, Kishu, Mong, Pepe, Pepe2, Shiba, Sponge and Wojak.
Players bet on any meme character they fancy as a winner – go with the favorite or play the odds, it’s entirely up to you.
Gambling is a huge industry. According to data compiled by Statista, the online gambling industry’s market size is estimated at $95 billion for 2023.
The projected compound annual growth rate for the next four years is forecast to be 8.54%, for a projected market size in 2027 of US$131.90 billion.
With blockchain technology playing a critical role in verifiable randomness and other trust and security-enhancing roles, Meme Kombat’s market positioning is uniquely optimal.
Usually absent from most meme coin projects, in Meme Kombat’s case a security audit of its smart contract has been carried out. Prospective buyers will be happy to know that the audit was passed with flying colors, with no major issues detected.
Season 1 battle cards will be followed in short order by Season 2, scheduled to be launched in December 2023.
Altogether, 50% of the total token supply is being sold in the presale, 30% for staking and battler rewards, 10% for community rewards, and 10% for decentralized exchange liquidity. The total token supply is 12,000,000.
The hard cap raise target is only $10 million, a relatively modest amount for a project with such a huge total addressable market, so investors should move fast to get skin in the game.
Meme Kombat has a huge marketing campaign behind it – stake-to-bet news spreads fast
News about the strong upside potential of Meme Kombat is spreading fast. The new coin project has already been featured across a range of top crypto news sites, including FXStreet, Decrypt, Coincodex, Cointelegraph and CryptoSlate.
YouTube crypto analyst Joe Parys, with 382,000 subscribers to his channel, has picked Meme Kombat as one of his ‘top 5 meme crypto coins for 2024 and beyond’.
Michael Wrubel is equally bullish on Meme Kombat‘s prospects in a recent video he published for his 310,000 subscribers on YouTube.
Meanwhile, the folks at the Crypto Gains channel are penciling in a 10x gain for buyers of the $MK token.
Yet another analyst – this time on-the-money presale expert JacobCryptoBury – has Meme Kombat as one of the top 3 crypto presales to buy in October 2023.
It is also good to know that Meme Kombat is doxxed. Its founder is Matt Whiteman, chief operations officer of Netherlands-based North Technologies, an NFT trading and analytics company.
Probably because of Whiteman’s existing presence in the NFT space, Meme Kombat is reported to be generating significant interest in Web3 venture circles.
Meme Kombat rewards players for time staked and engagement on the platform
Meme Kombat’s innovative ecosystem and $MK token makes staking and betting a seamless affair. Winners receive $MK tokens in addition to the opportunity to win valuable prizes.
Long-term token stakers earn passive income in the form of an annual percentage yield. However, APY is not calculated only by the time period tokens are held but also by measuring the level of engagement of the staker on the platform.
You can start earning rewards while the presale is on. After the presale ends, presale stakers can re-stake their tokens via the claim page.
Stakers can withdraw their $MK tokens from the pool at the end of the presale, but those who do so will forfeit the rewards earned during that time.
In a big win for stakers, the staking rewards compound on a daily basis, further magnifying potential rewards.
Although not yet operable, the dynamically updated yield will be available in real-time on the website three to four weeks after the presale has begun, according to information provided in the Meme Kombat whitepaper.
If you stake today, you will be in a position to start betting when the battling system goes live after the end of the presale. Only staked tokens can be used for wagering in order to encourage long-term commitment to the project.
As the platform expands in size the value of the ecosystem will grow, boosting the value of the $MK token.
The Meme Kombat Arena is in the vanguard of crypto gaming
At the heart of the platform are automated battles between various meme coin characters. All the outcomes are determined transparently on-chain for tamper-resistant results.
Meme Kombat deploys cutting-edge AI to enable battles to take place in an engaging battle imaging environment for a captivating and provably unpredictable gaming experience.
As well as underpinning the imaging, AI also guarantees that battles are truly randomized and unpredictable. With meme Kombat battles are not just exciting, they are also always fair.
Ethereum blockchain technology means that results, wagers, and rewards are reflected instantly for all players.
Stake-to-bet is a paradigm shift that could make $MK owners millions of dollars
Meme Kombat is at the forefront of the intersection between gaming and gambling in the crypto space.
By freeing up staked tokens for use as gambling chips, Meme Kombat allows network participants to earn from staking as well as simultaneously partaking in the opportunity to win at the gambling table – or rather in the Meme Kombat Arena.
This double-headed play makes investing in Meme Kombat the hottest ticket in the meme coin sector right now.
Priced at $1.667, Meme Kombat token can be purchased today with ETH, BNB or USDT (ERC-20 and BEP-20 versions).
The firm welcomes wealth manager Joe Delaney to its San Francisco headquarters
SAN FRANCISCO, Oct. 3, 2023 /PRNewswire/ — Robertson Stephens Wealth Management, LLC (“Robertson Stephens”) has further expanded its presence in the San Francisco Bay Area by welcoming Lifeguard Wealth, a California registered investment advisor managing over $100 million in advisory assets. Lifeguard’s founder, Joe Delaney, joins Robertson Stephens as Managing Director and Principal as the firm further fortifies its presence in northern California.
With this addition, Robertson Stephens’ assets are now approximately $4.6 billion. The firm now has 19 teams with 81 employees across 17 locations in San Francisco, Marin County, Menlo Park, Santa Rosa, Pasadena, San Ramon & Burlingame (CA), New York (NY), Sun Valley & Boise (ID), Holmdel & Madison (NJ), Austin & Houston (TX), Seattle (WA), Denver (CO), and Boston (MA).
For more information on Robertson Stephens, please visit www.rscapital.com
“We are excited to welcome Joe to Robertson Stephens. As a Registered Life Planner® with a deep commitment to wealth planning and comprehensive client experience, Joe is an ideal fit for Robertson Stephens,” said Raj Bhattacharyya, Chief Executive Officer, Robertson Stephens. “We are also delighted to further build our client presence in the San Francisco Bay area.”
“The client-first, fiduciary culture of Robertson Stephens is extremely aligned with my own personal philosophy of guarding our clients’ financial well-being,” said Joe Delaney, Managing Director and Principal of Robertson Stephens. “I look forward to continuing to build the firm’s deep presence in the Bay Area and working with my colleagues nationwide.”
With a career spanning over 40 years in financial services, Joe has combined expertise as a wealth manager, corporate executive, business owner, real estate owner and broker, CPA, and community leader. As a former ocean lifeguard in his youth, Joe also integrates his first-responder, “lifeguard mentality” into ensuring he’s always got his client’s back, protecting their interests. Prior to founding Lifeguard Wealth in 2012, Joe held several senior positions with real estate institutional investment, real estate capital and wealth management firms. In 2001, he shifted his focus to providing personal wealth management care to individuals and families. Joe holds an MBA in finance from UCLA Anderson and a bachelor’s degree in economics from Stanford University, where he was a member of the water polo team.
About Robertson Stephens
Robertson Stephens Wealth Management, LLC is an independent SEC-registered investment advisor. Its mission is to transform the wealth management experience by delivering institutional-quality investment solutions, comprehensive wealth planning, and intelligent digital solutions all within a fiduciary relationship where the client is our highest priority. Lifeguard Wealth Management AUM is as of August 2023. Robertson Stephens AUM is as of August 2023. For more information please visit: https://www.rscapital.com.
