Closed Loop Ventures II

Date: 2021

Asset Class: Venture Capital

Description:  Closed Loop Partners provides equity and project finance to scale products, services and infrastructure at the forefront of the development of the circular economy– a system designed to eliminate waste and reutilize materials. Fund II targets investments in artificial intelligence, robotics, material science, distributed manufacturing, advanced supply chain technology, and transparency tools across four key sectors: plastics and packaging, food and agriculture, textiles and apparel, and supply chain efficiency and logistics.

Why We Invest: The costs of our current “take-make-waste" linear economy are severe and wide-ranging, from the carbon emissions and loss of biodiversity through deforestation to the depletion of marine food sources due to plastic waste. Circular business models, in contrast, decouple economic growth from resource consumption, thereby increasing the efficiency and effectiveness of businesses while designing out waste and accelerating society toward a sustainable future. Closed Loop Ventures tracks four core impact KPIs: greenhouse gas emission mitigation, diversion of materials from landfill, efficient water usage, and quality job creation. Fund I IRR was 17..8% at the time of this investment in Fund II.