MaRS Momentum supports Canadian ventures that are building to $100 million in revenue within five years.
FOR IMMEDIATE RELEASE
Calgary, AB – (December 16, 2021) Livestock Water Recycling (LWR), the innovator of a waste-to-worth manure processing system and data analytics platform, is proud to announce that it has been accepted into the MaRS Momentum program as one of Canada’s future economic powerhouses. The MaRS Momentum program is a multi-sector, exclusive program designed to support the executives of high-growth companies on their way to reaching $100 million in revenue over the next five years.
This partnership announcement with MaRS comes during an incredibly strong third quarter for LWR. The company is seeing significant growth in onboarding distribution partners, customer acquisition and revenue, closing several multi-unit deals to transform manure into a high impact feedstock to supercharge the production of renewable natural gas (RNG) for dairy powered anaerobic digester facilities. It also comes on the heels of the Global Food Tech Congress’ announcement naming LWR as the Food Tech Challenger of the Year in the Animal Technology track, and just as LWR registered a team to compete in the Musk Foundation’s $100M XPRIZE Carbon Removal.
Read the full press release here.