We’re excited about the four investments we made in 2014, and hope that over time, these companies contribute to improving life for all of us. In keeping with our overall mission, our investments were made in companies that seek to reduce oil used in transportation, repurpose food waste and strengthen local agriculture. Here’s a rundown of these four sustainable startups poised for growth.
XL Hybrids converts existing gas-fueled commercial vehicles like cargo vans, shuttle buses and delivery trucks into hybrids. It’s a solution that can increase an entire vehicle fleet’s fuel efficiency by 20 percent, and that’s gotten the attention of companies like FedEx and Coca-Cola. The Boston-based company has gotten our attention, too. We’re excited to announce that XL Hybrids is the latest business that Sustainable America is investing in as part of our overall goal to reduce our nation’s oil consumption by 50 percent over the next two decades.
If you’ve been keeping up with Sustainable America, you know that we believe in the power of entrepreneurs and markets to effect positive change, and that we make early-stage investments to help spur the development of sustainable food and fuel businesses. Local and sustainable agriculture is one of our focus areas, and we’ve made a small investment in the Conservation Capital Fund that we’re excited about.
If you’ve been keeping up with Sustainable America, you know that we’re on a mission to divert food waste from landfills and repurpose it into sustainable, value-added products like compost. We’re happy to report that we’ve closed our first compost-related investment in an exciting young company that does just that: EcoScraps. The Utah-based business collects fruit and vegetable scraps from grocery stores and wholesale produce providers and turns it into nutrient-rich, organic garden products like compost, potting mix and natural fertilizer. The EcoScraps line is sold in some of the same stores that supply the scraps, creating a tidy, full-circle process.
One of the hottest topics in design and technology is biomimicry, the practice of looking to nature to inspire innovation and solve problems. Biomimicry has been the basis of everything from Velcro to faster bullet trains to brighter LED light bulbs, and now, thanks to Katherine Collins, nature’s wisdom can be applied to finance and investing.
After 12 years of profiting from the energy and agriculture markets, I resigned my position as a hedge fund portfolio manager last year. Now, as the founder of Sustainable America, I devote a material portion of my time and net worth to helping make our nation’s food and fuel systems more resilient. Here’s why
“Waste-to-value” is a great buzzword and even better concept. It cuts right to the core of what we really need in society today – practical means of taking the waste we generate and repurposing it, profitably if possible, into things we need.
If you’ve been following Sustainable America’s evolution over the last two years, you know that part of our philosophy is that investing in entrepreneurs and startups is an effective way to help increase the sustainability of our food and fuel systems. What you might not know is how we do it, and what some of our criteria are for making these investments.