Renewal2 Explained
Renewal2 Investment Fund is a Canadian social venture capital fund that invests in early stage environmental and social mission companies in Canada and the United States. The fund focuses on companies in the following sectors: organic and natural food, green consumer products, green building products, environmental innovation, social finance, and social media.
The fund, which is based in Vancouver, Canada, was founded May 25, 2009.[1]
History
The fund was founded in 2009 by Joel Solomon, Carol Newell, and Paul Richardson.[2]
Investments
Currently, Renewal2 has ten companies in its portfolio:[3] Alter Eco,[4] Aquatic Informatics,[5] Better Energy Systems,[6] Elevation Brands,[7] Miovision,[8] Playback, Rustic Crust,[9] Sensible Organics,[10] Seventh Generation, and SPUD.[11]
Renewal2 made its first successful exit in 2011, with the sale of shares from Horizon Distributors.[12]
External links
Notes and References
- Web site: Announcing First Close of Renewal2 Investment Fund . renewalpartners.com . 2013-01-31.
- Web site: Renewal2 Investment Fund - Company Profile and News . 2022-05-17 . Bloomberg.com . en.
- Web site: Graeme Worthy . Portfolio | Renewal2 . Renewal2.ca . 2011-02-24 . 2012-10-14 . dead . https://web.archive.org/web/20121001042253/http://renewal2.ca/portfolio . 2012-10-01 .
- Web site: PR Newswire . Alter Eco, Inc. Announces Completion Of $2 Million Series A Financing . https://archive.today/20130204114502/http://www.thestreet.com/story/10731474/alter-eco-inc-announces-completion-of-2-million-series-a-financing.html . dead . 2013-02-04 . TheStreet . 2012-09-12 . 2012-10-14 .
- Web site: 'Little' Aquatic Informatics wins software contract to monitor America's waterways . biv.com . 2013-01-31 . https://web.archive.org/web/20121020112208/http://www.biv.com/article/20121016/BIV0112/310169940/-1/BIV/little-aquatic-informatics-wins-software-contract-to-monitor . 2012-10-20 . dead .
- Web site: Renewal2 Renewal2 Investment Fund . trendhunter.com . 2013-01-31.
- Web site: Framingham company promotes 'food that matters' - Milford, MA . The Milford Daily News . 2012-03-26 . 2012-10-14.
- Web site: Investeco, Renewal2 and Miovision Technologies Partner to Minimize the Environmental Footprint of Traffic . miovision.com . 2013-01-31.
- Web site: Rustic Crust Old World Crusts and Flatbread Pizzas . Rusticcrust.com . 2012-10-14.
- Web site: Renewal2 Completes the Acquisition of Sensibility Soaps . Renewal2.ca . 2012-10-30 .
- Web site: Renewal2 Announces Its Seventh Portfolio Company: Small Potatoes Urban Delivery . csrwire.com . 2013-01-31.
- Web site: Renewal2 Announces Its First Exit from Portfolio Company Horizon Distributors . csrwire.com . 2013-02-12.