Plastic waste

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Invest FWD A/S is an investment vehicle owned by Anders Holch Povlsen, founder of BESTSELLER and Heartland. It is also BESTSELLER’s investment arm for sustainable fashion. In June 2021, the firm made its investment by participating in a Series B round of Finnish cleantech Infinited Fiber. BESTSELLER’s sustainability innovation platform Fashion FWD Lab has been collaborating with Infinited Fiber over the past year to develop and patent Infinna™ fiber material. BESTSELLER has also signed a multi-year commercial agreement with Infinited Fiber to secure access to the startup’s regenerated fibers to be made from textile and other industrial waste.

Patricia Aymà Maldonado is the Spanish CTO and co-founder of 100% biodegradable plastic tech VEnvirotech, where she has worked since 2017. Before this, she had completed a year’s stint working in circular-economy R&D projects at LEILAT Technological Center and in 2016 she completed her master’s research at the University of Barcelona. This was in the field of environmental biotechnology, namely polyhydroxyalkanoates (PHA). Aymà has considerable training in biotechnology with a master’s in environmental engineering in 2016 from the University of Barcelona and a first degree in the subject from the Autonomous University of Barcelona. In 2017, she also gained entry to the youth entrepreneurship acceleration program Yuzz Santander, a Santander Bank initiative. 

Total Energy Ventures is a corporate venture capital arm of French multinational energy company Total. Headquartered in Paris with offices in San Francisco, its investment focus is in startups committed to reducing CO2 emissions through groundbreaking technologies and innovative models applied to clean-tech and sustainable energy, transport and waste management.Total Energy Ventures invests mainly by acquiring minority stakes in backed companies. The company has invested a total of US$200 million in more than 30 companies, with three exits to date. Recent investments include in Peg and Sunfire's Series C rounds and in Tado's Series F round that raised US$50 million.

Eco-friendly real estate developer Magale has pivoted to Magalarva, converting organic waste into animal feed and fertilizers.

Founded in 2020 in Boulder, Colorado, Trailhead Capital is a specialist agtech and foodtech investor that focuses on startups in the US, Canada, Australia and Israel. The VC’s regenerative agriculture portfolio includes investments in food ingredients traceability, food supply chains, reducing food waste and soil health environmental management.Recent investments include in the $12m Series A round of Vence, a US-based producer of virtual fencing wearables for livestock management in May 2021. In February 2021, it also participated in the $6m funding round of foodtech HowGood that specializes in rating the sustainability of grocery products.

Zero-waste app OLIO is rapidly scaling, letting retailers and households donate or swap surplus food and other goods in local communities in 50+ countries.

Petri Alava has over 15 years of industry experience in logistics, publishing and waste management. In 1989, he completed a master’s in industrial engineering and started his management career at Finncont Oy, a subsidiary of GWS Group. He went on to work at Rocla Oy in 2001 as managing director of the Rocla Robotruck Group with manufacturing units in Finland and Sweden. He also held senior management roles at Vapo Oy and Kekkilä Oy.In 2015, he became the managing partner of Profon Oy and also co-founded cleantech materials startup Infinited Fiber as CEO. Based in Helsinki, he is also currently chairman of various companies, as well as the CEO of Solid Environmental Technologies.

Backed by €30m funding and orders from global brands, Finnish cleantech will build flagship factory to scale production of regenerated biodegradable microplastic-free textile fibers.

Hyperlocal healthy meal catering and delivery service bringing homemade meals designed by chefs to the workplace; utilizes under-used restaurant kitchens; unsold meals go to charities.

Aka the “luxury maniac”, Richard Li Rixue was named to the “Top Ten Venture Pioneers in China in 2014” list by Fortune.With his beginnings in selling domestic appliances as early as 1998, Li started a domestic appliance website in 2007. This first startup failed, but he found an opportunity in secondhand goods as friends complained of unwanted gifts and unused things being a waste of space and money.  In 2008, he established Secoo, a secondhand goods business that soon grew into a luxury consignment, then pure luxury, online-to-offline empire, fueled by the dizzying growth of high-end consumption in China. Today, Li is Chairman  of Secoo.

Leonardo Rico Fernandez is CEO and co-founder of Mexican biotech startup Lluvia Sólida, a water retention solution for drought conditions, where he has worked since he re-founded it in 2017. He used the same name of a company he founded in 2012 and ran with a different team, which was dissolved in 2016. He is the son of the inventor of the technology, Sergio Rico Velasco, and was instrumental in positioning the product’s use from residual waste water treatment to agritech. Rico previously worked in a private school, Indo-American College, in Tlalnepantla in the State of Mexico City as a systems administrator. He graduated as an engineer in Electrical Systems from Monterrey University, Mexico City campus.   

Founded in 2018, Tilia Impact Ventures is the first social impact fund in the Czech Republic. Co-founding partner Silke Horáková has worked in private equity and is also a co-owner of Albatross Media. Co-founding partner Petr Vítek has worked for nine years as a Deloitte consultant. He is also co-founder of Impact Hub in Prague, Brno and Ostrava. Both have experience working in the social enterprise sector.  About 23 investors have contributed to the impact fund. Tilia plans to have 10 local social impact companies in its portfolio, each with an expected investment life of five to seven years. The VC has invested in four companies to date: smart vending SaaS platform MIWA Technologies, data-mining startup Datlab, ready-made spectacles supplier DOT glasses and waste-to-resource marketplace Cyrkl.

Ben Morton is an Australian entrepreneur and a chemical engineer by training. While serving in the Royal Australian Infantry, he attended Flinders University, pursuing a double honours degree in physics and organic chemistry. After graduating in 2013, Morton briefly worked as a chemist at fertilizer company SprayGro. In 2016, he enrolled at the University of Adelaide to pursue a PhD in Chemical Engineering. There, he joined Philip Kwong’s research group and met fellow PhD student Lewis Dunnigan. Using technology they developed at the research group, in 2017 Morton, and Dunnigan established Bygen, a startup offering a low-cost, novel way process of making activated carbon using various forms of agricultural waste, with Kwong as a technical adviser and fellow co-founder. Morton is now CTO of Bygen.

German native Mikael Eydt graduated in economics in 2016 at Erlangen-Nürnberg’s Friedrich-Alexander University. He worked at his family’s hotel company in Germany while studying at university from 2011 to 2016. Eydt also briefly worked in sales for insurance company Debeka and completed his national service as a soldier in Germany. In 2017, Eydt went back to work as a junior manager at family-owned Hotel Eydt in Kirchheim.Currently based in Copenhagen, he is now the CEO and co-founder of Danish alt-leather biotech, Beyond Leather Materials, that produces vegan leather materials from apple waste. He was responsible for the startup’s business development for two years before becoming CEO in July 2020.

Fortum Oyj is a Finnish state-owned energy company operating power plants and co-generation plants across the nation. Listed on the NASDAQ OMX Helsinki stock exchange, Fortum is reputed to be Finland’s biggest company in terms of revenue generated in 2020.It is also Europe's third-largest producer of carbon-free electricity and the second-largest producer of nuclear power. Ranked as the fifth largest heat producer globally, Fortum supplies electricity and heating directly to consumers in Finland, Germany, Central Europe, the UK and the Nordic countries.Fortum invested in Finnish cleantech Infinited Fiber, taking up a 4% stake in 2019, to complement the energy company’s biorefining value chain and to improve resource efficiency. The cleantech investee aims to license its biodegradable fiber technology to help industry partners to manufacture innovative materials from textile and industrial waste.

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