LONDON, March 21, 2017 /PRNewswire/ -- CleanEquity® Monaco 2017, the forum for emerging sustainable technology and resource efficiency companies, hosted by Innovator Capital and the Monaco Economic Board, closed on Friday, 10th March with the Awards Ceremony in the presence of H.S.H. Prince Albert II of Monaco.
An independent panel of judges, chaired by His Serene Highness, selected KDC Agribusiness as winner of the award for Excellence in the Field of Environmental Technology Development.
Mungo Park, Chairman of Innovator Capital commented: "KDC Agribusiness has the potential to make high positive impact on farmer's water shortages and the growing levels of food waste. I congratulate them on their progress, partnerships and wish them well for the future."
KDC Agribusiness, a New Jersey based family office has developed over $3.5 billion of U.S. based infrastructure and are now focused on developing and deploying this revolutionary fresh food waste technology. Collecting fruits, vegetables, meats, bones and baked goods from supermarkets daily, the technology mimics the human digestive process by grinding up the food waste and then using food grade enzymes to break that food down to a liquid level. The distinct uniqueness of this patented process is that it all occurs within three hours. The liquid is then pasteurized and blended for consistency so the very next day farmers are able to utilize the liquid as a sustainable organic fertilizer or sustainable animal feed.
The technology is fully commercialized and currently digesting 15 tons of food waste every three hours in California. KDC Ag is now developing this technology across the U.S. and with strategic partners across the world.
Justin Kamine, Cofounder and Partner of KDC Ag states, "The CleanEquity conference was a world class event. KDC Ag is humbled to be awarded this honor and it will be a part of the story of the company as we tackle our goal of eliminating food waste within the next five years. Our goal is to not just eliminate food waste, but just as importantly we want to utilize that food waste to its maximum benefit; to grow more sustainable produce and proteins the very next day while providing significant financial and sustainable benefits to farmers. Closing the agriculture cycle."
CleanEquity thanks, in particular: The Prince Albert II of Monaco Foundation, Covington & Burling, Deloitte, Cision, Parkview Group, Cranfield University, Cisco, Social Stock Exchange, Hobbs & Towne, Monaco Economic Board and the International University of Monaco.
CleanEquity Monaco will be returning to the Principality of Monaco in March 2018.
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SOURCE Innovator Capital