Renewal2

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Renewal2 Investment Fund
Social Venture Capital
Founded 2009
Founder Joel Solomon, Carol Newell, and Paul Richardson
Headquarters Vancouver, British Columbia, Canada
Website www.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 & 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[edit]

The fund was founded in 2009 by Joel Solomon, Carol Newell, and Paul Richardson.

Investments[edit]

Currently, Renewal2 has ten companies in its portfolio:[2] Alter Eco,[3] Aquatic Informatics,[4] Better Energy Systems,[5] Elevation Brands,[6] Miovision,[7] Playback, Rustic Crust,[8] Sensible Organics,[9] Seventh Generation, and SPUD.[10]

Renewal2 made its first successful exit in 2011, with the sale of shares from Horizon Distributors.[11]

References[edit]

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

External links[edit]