Renewal2 Investment Fund
TypeSocial Venture Capital
Founded2009
FounderJoel Solomon, Carol Newell, and Paul Richardson
HeadquartersVancouver, British Columbia, Canada
Websitewww.renewal2.ca

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]

References

  1. ↑ "Announcing First Close of Renewal2 Investment Fund". renewalpartners.com. Retrieved 2013-01-31.
  2. ↑ "Renewal2 Investment Fund - Company Profile and News". Bloomberg.com. Retrieved 2022-05-17.
  3. ↑ Graeme Worthy (2011-02-24). "Portfolio | Renewal2". Renewal2.ca. Archived from the original on 2012-10-01. Retrieved 2012-10-14.
  4. ↑ PR Newswire (2012-09-12). "Alter Eco, Inc. Announces Completion Of $2 Million Series A Financing". TheStreet. Archived from the original on 2013-02-04. Retrieved 2012-10-14.
  5. ↑ "'Little' Aquatic Informatics wins software contract to monitor America's waterways". biv.com. Archived from the original on 2012-10-20. Retrieved 2013-01-31.
  6. ↑ "Renewal2 Renewal2 Investment Fund". trendhunter.com. Retrieved 2013-01-31.
  7. ↑ "Framingham company promotes 'food that matters' - Milford, MA". The Milford Daily News. 2012-03-26. Retrieved 2012-10-14.
  8. ↑ "Investeco, Renewal2 and Miovision Technologies Partner to Minimize the Environmental Footprint of Traffic". miovision.com. Retrieved 2013-01-31.
  9. ↑ "Rustic Crust Old World Crusts and Flatbread Pizzas". Rusticcrust.com. Retrieved 2012-10-14.
  10. ↑ "Renewal2 Completes the Acquisition of Sensibility Soaps" (PDF). Renewal2.ca. Retrieved 2012-10-30.
  11. ↑ "Renewal2 Announces Its Seventh Portfolio Company: Small Potatoes Urban Delivery". csrwire.com. Retrieved 2013-01-31.
  12. ↑ "Renewal2 Announces Its First Exit from Portfolio Company Horizon Distributors". csrwire.com. Retrieved 2013-02-12.


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