Renewal Funds

Renewal Funds is a Vancouver-based mission-driven venture capital firm that backs early-stage and early-growth companies in Canada and the United States. It focuses on sustainable technologies and practices, including organics and environmental technology, with an emphasis on the sustainability of food, water and climate. The firm invests across sectors such as energy, water, mobility, the built environment, food and agriculture, and the circular economy.

Jennifer Anderson

Partner

Mike Cormack

Venture Partner

Carol Newell

Co-Founder and Principal

Genevieve Pinto

Partner

Paul Richardson JD

Founding Partner and Managing Partner

Jerrod Shin

Partner

Daniel Vo

Investment Associate

43 past transactions

SHARE Mobility

Series A in 2022
SHARE Mobility offers a comprehensive transportation management platform designed to optimize fleet operations and commuter transit services. The platform features real-time vehicle tracking, dynamic routing, customizable rider parameters, scheduling management, compliance reporting, and automated notifications, enabling efficient operations and tailored transit experiences for fleet operators, transit agencies, and organizations managing employee transportation.

HOLOS

Seed Round in 2022
HOLOS produces organic oats and nutrition bars, offering convenient and wholesome snack options for health-conscious individuals with busy lifestyles.

Electrum

Series A in 2021
Electrum is a company that operates an electrification utility marketplace aimed at facilitating the adoption of sustainable technologies. Its platform provides a streamlined process for users to search for electrification upgrades and connect with certified, vetted installers. By offering online education and a straightforward registration process, Electrum empowers communities to make informed choices that enhance their quality of life. Users can initiate projects, receive bids from pre-screened installers, and utilize a proprietary algorithm for bid analysis. After the bidding period, Electrum presents the top three bids in a user-friendly format, allowing homeowners to easily compare options. This enables them to select a bid and e-sign a contract directly with the chosen installer, simplifying the transition to sustainable solutions.

Fresh Prep Foods

Series B in 2021
Founded in Vancouver, Canada in 2015, Fresh Prep Foods specializes in delivering meal kits containing locally-sourced ingredients and recipe cards directly to customers' doors. Their service offers a convenient solution for busy individuals seeking diverse, healthy, and sustainable home-cooked meals.

Station A

Seed Round in 2020
Station A is a technology company that provides AI-powered software for clean energy procurement, analysis, and deployment. Its platform helps commercial real estate owners and energy users evaluate building portfolios, analyze markets, and simulate clean energy options to identify financially and environmentally favorable opportunities. It aggregates geospatial, environmental, and financial data to model optimal energy needs for buildings and areas, supporting solar, storage, energy efficiency, and other solutions. The platform connects users to a network of clean energy developers, financiers, and installers and offers a marketplace with indicative pricing and firm proposals. The company was founded in 2018 and is based in San Francisco.

Swiftly

Series A in 2020
Swiftly, Inc. is a technology company based in San Francisco, California, that specializes in developing data-driven applications for public transportation. The company offers a comprehensive platform designed to enhance operational mobility and efficiency for transit agencies by unifying public transit data across various departments and stakeholders. Swiftly's platform integrates seamlessly with existing transit hardware and provides essential features such as GTFS and TransXchange data, location and operator information, on-board data, real-time passenger information, and historical data analytics. By leveraging billions of data points and advanced algorithms, Swiftly aims to improve transit system performance and service reliability for transportation agencies, residents, and governments. Originally known as Swyft Technologies, Inc., the company rebranded to Swiftly, Inc. in January 2016 and was incorporated in 2014.

Evive

Series A in 2020
Evive specializes in producing frozen smoothie cubes with nutritious ingredients and plant-based proteins.

Fresh Prep Foods

Series A in 2020
Founded in Vancouver, Canada in 2015, Fresh Prep Foods specializes in delivering meal kits containing locally-sourced ingredients and recipe cards directly to customers' doors. Their service offers a convenient solution for busy individuals seeking diverse, healthy, and sustainable home-cooked meals.

Uncle Matt's Organic

Venture Round in 2020
Uncle Matt's Organic is a company based in Clermont, Florida, founded in 1999. It specializes in producing organic fruit juices, including orange, grapefruit, apple, and lemonade varieties. The company also offers probiotic beverages such as lemon water, lemon ginger water, and lemon strawberry water. Uncle Matt's Organic is committed to promoting healthy living through organic farming practices. As of April 30, 2020, it operates as a subsidiary of Harmoni, Inc.

Olea

Series B in 2020
Olea Edge Analytics focuses on delivering new revenue opportunities to utility customers. They believe the future of the smart water industry is in the Internet of Things and Edge Computing. They also believe that in order to make the leap to true revenue assurance, business continuity, and revenue predictability, the real-time accuracy of the meter is critical. They deliver revenue assurance, business continuity, and revenue predictability to their customers utilizing their proprietary Edge Analytics capability.

Hodo

Series B in 2020
Hodo Foods, founded in 2004 and based in Oakland, California, specializes in manufacturing plant-based products such as noodles, nuggets, burgers, tofu, tofu cubes, soymilk, and yuba. The company emphasizes organic and clean-ingredient formulations, offering flavor-forward items like Moroccan Cubes, Curry Nuggets, and Cajun Burgers. Hodo is dedicated to creating delicious and healthy plant-based foods that are thoughtfully sourced and minimally processed, appealing to both consumers and chefs. Their products are made from whole, non-GMO soybeans and other fresh organic ingredients, ensuring a focus on nutritional value and taste. Hodo distributes its offerings through retail stores, catering to a growing demand for innovative and nutritious plant-based food options.

Opus One Solutions

Venture Round in 2019
Opus One Solutions is a software engineering and solutions company advancing the Connected Energy Internet with GridOS, a real-time operating system for the smart grid that integrates generation, storage, and demand with sensors, meters, and analytics to deliver enhanced situational awareness, supervisory control, and optimization of energy systems. The platform helps utilities improve grid reliability, power quality, utilization, and efficiency while supporting the transition to 100% clean energy. Its software enables transactive energy functionality, calculating locational marginal values of distributed energy resources and deploying dynamic topology processing to adapt to real-time switching and reconfiguration of the distribution network, thereby enabling optimized energy planning, operations, and market management and contributing to the development of intelligent, sustainable energy networks.

FoodLogiQ

Series B in 2019
FoodLogiQ, LLC is a technology company based in Durham, North Carolina, specializing in supply chain transparency for the food industry. Founded in 2006, it offers a comprehensive suite of software solutions designed to enhance traceability, food safety, and sustainability among food companies and their value chains. FoodLogiQ's platform includes modules for consumer mobile access, product identification, internal and external audits, lab testing, and automation of quality management procedures. The company's products, such as Mange+Monitor, Track+Trace, and Recall+Response, cater to various stakeholders, including growers, packers, shippers, food service companies, grocery retailers, and consumer packaged goods. FoodLogiQ focuses on improving global supply chain visibility, streamlining supplier management, and ensuring compliance with food safety regulations. Its solutions also encompass sustainability initiatives, quality incident management, and blockchain technology. The company operates an additional office in Calgary, Canada, and functions as a subsidiary of Clarkston Consulting, Inc.

Prana

Private Equity Round in 2019
Prana is a producer of snacks and ingredients. They provide products that include baking, nuts & seeds, chocolate, sugar syrup, oils & butters, flour, egg replacement, and dairy alternatives. They offer products that are available for shopping online.

Opus One Solutions

Series B in 2018
Opus One Solutions is a software engineering and solutions company advancing the Connected Energy Internet with GridOS, a real-time operating system for the smart grid that integrates generation, storage, and demand with sensors, meters, and analytics to deliver enhanced situational awareness, supervisory control, and optimization of energy systems. The platform helps utilities improve grid reliability, power quality, utilization, and efficiency while supporting the transition to 100% clean energy. Its software enables transactive energy functionality, calculating locational marginal values of distributed energy resources and deploying dynamic topology processing to adapt to real-time switching and reconfiguration of the distribution network, thereby enabling optimized energy planning, operations, and market management and contributing to the development of intelligent, sustainable energy networks.

Goddess Garden

Venture Round in 2017
Goddess Garden is a Boulder, Colorado-based manufacturer of organic sun protection lotions and related natural skin care products. Its products use essential oils, plant-based ingredients, and minerals to avoid harsh chemicals, and are marketed through stores and online. Founded in 2004, the company focuses on organic formulations and natural ingredients.

FoodLogiQ

Series B in 2017
FoodLogiQ, LLC is a technology company based in Durham, North Carolina, specializing in supply chain transparency for the food industry. Founded in 2006, it offers a comprehensive suite of software solutions designed to enhance traceability, food safety, and sustainability among food companies and their value chains. FoodLogiQ's platform includes modules for consumer mobile access, product identification, internal and external audits, lab testing, and automation of quality management procedures. The company's products, such as Mange+Monitor, Track+Trace, and Recall+Response, cater to various stakeholders, including growers, packers, shippers, food service companies, grocery retailers, and consumer packaged goods. FoodLogiQ focuses on improving global supply chain visibility, streamlining supplier management, and ensuring compliance with food safety regulations. Its solutions also encompass sustainability initiatives, quality incident management, and blockchain technology. The company operates an additional office in Calgary, Canada, and functions as a subsidiary of Clarkston Consulting, Inc.

Farmhouse Culture

Series D in 2017
Farmhouse Culture, Inc. is a producer and marketer of organic, probiotic-rich food products, specializing in fermented items such as sauerkraut and kimchi. Founded in 2009 in Watsonville, California, by Kathryn Lukas, a classically trained chef, the company emerged from her passion for traditional fermentation methods and a commitment to promoting gut health. Farmhouse Culture offers a range of organic, non-GMO, plant-based, and gluten-free products designed to enhance overall wellness by supporting digestive health. The company has positioned itself as a leader in the market for rich, health-focused foods and beverages, appealing to consumers interested in nurturing their microbiome and improving their immune system.

OptiRTC

Series B in 2017
OptiRTC is a technology company that delivers a cloud‑based SaaS platform for real‑time monitoring and active control of stormwater infrastructure. Its suite of products—Opti, OptiNimbus, OptiStratus, and OptiCumulus—combines on‑site sensor data, weather forecasts, and proprietary algorithms to optimize the rate and timing of stormwater flows, support predictive maintenance, and enable adaptive management of green and conventional systems. The platform helps municipalities, private landowners, and corporations reduce operating and capital costs, achieve Clean Water Act compliance, and mitigate risks from volatile environmental conditions. Founded in 2014 and headquartered in Boston, OptiRTC offers solutions for combined sewer overflow reduction, rainwater harvesting, hydromodification, water quality improvement, stormwater credit markets, and related research and performance analytics.

Goddess Garden

Series A in 2016
Goddess Garden is a Boulder, Colorado-based manufacturer of organic sun protection lotions and related natural skin care products. Its products use essential oils, plant-based ingredients, and minerals to avoid harsh chemicals, and are marketed through stores and online. Founded in 2004, the company focuses on organic formulations and natural ingredients.

Terramera

Venture Round in 2016
Founded in 2009, Terramera develops plant-based pesticides and fertilizers. It offers products like Proof (for bed bugs and dust mites), Actigate (an organic pesticide), and Rango (a plant-based pest control). The company aims to transform agriculture by fusing artificial intelligence, science, and nature to provide sustainable alternatives to chemical pesticides and fertilizers.

Terramera

Venture Round in 2016
Founded in 2009, Terramera develops plant-based pesticides and fertilizers. It offers products like Proof (for bed bugs and dust mites), Actigate (an organic pesticide), and Rango (a plant-based pest control). The company aims to transform agriculture by fusing artificial intelligence, science, and nature to provide sustainable alternatives to chemical pesticides and fertilizers.

Back to the Roots

Series A in 2016
Back to the Roots offers sustainable indoor gardening products to grow mushrooms, herbs, vegetables, and microgreens at home. Founded in 2009 and based in Oakland, California, the company develops and retails ready-to-grow kits and accessories through its website, including a Grow-at-Home Mushroom Garden that produces fresh oyster mushrooms indoors, as well as water gardens, home aquaponic ecosystems, seeds, microgreens, and windowsill herb and veggie planters. The products are designed for convenient, eco-friendly home cultivation and cater to households seeking fresh produce.

Mama Earth Organics

Venture Round in 2016
Mama Earth Organics Inc. is a Toronto-based business that specializes in delivering organic fruits, vegetables, and a variety of food products directly to customers' homes in Toronto and its surrounding areas. Founded in 2007, the company provides a wide range of offerings, including bakery items, cereals, grains, beverages, dairy products, gluten-free options, snacks, and chef-made meals. Mama Earth Organics operates a subscription-based service that ensures the delivery of local organic produce, responsibly-raised meat, and sustainable seafood, alongside everyday essentials like bread and eggs. The company emphasizes convenience by offering an online ordering platform, making it easier for individuals to access healthy and organic food choices.

Cascadia Windows & Doors

Venture Round in 2016
Cascadia Windows & Doors is a manufacturer based in Langley, British Columbia, specializing in fibreglass window systems designed for energy-efficient buildings. Their product range comprises fibreglass windows, doors, and cladding support systems, catering primarily to the markets of British Columbia, Washington, and Oregon, with the capability to serve other locations upon request.

Lotek Wireless

Venture Round in 2015
Lotek Wireless Inc. is a designer and manufacturer of fish and wildlife monitoring systems, established in 1984 and headquartered in Newmarket, Canada. The company specializes in radio, acoustic, archival, and satellite monitoring solutions that enable researchers to track animals, birds, and fish across various habitats, including terrestrial, freshwater, marine, and avian environments. In addition to its monitoring systems, Lotek Wireless offers GPS and radio wildlife tracking equipment and provides environmental consulting services to assist clients with system selection, research design, implementation, equipment training, and data analysis. The company serves a global market, offering its products in regions such as New Zealand, Australia, North America, the United Kingdom, Europe, and Africa, with additional locations in St. John’s, Canada; Wareham, United Kingdom; and Seattle, Washington.

Farmhouse Culture

Series C in 2015
Farmhouse Culture, Inc. is a producer and marketer of organic, probiotic-rich food products, specializing in fermented items such as sauerkraut and kimchi. Founded in 2009 in Watsonville, California, by Kathryn Lukas, a classically trained chef, the company emerged from her passion for traditional fermentation methods and a commitment to promoting gut health. Farmhouse Culture offers a range of organic, non-GMO, plant-based, and gluten-free products designed to enhance overall wellness by supporting digestive health. The company has positioned itself as a leader in the market for rich, health-focused foods and beverages, appealing to consumers interested in nurturing their microbiome and improving their immune system.

Miovision

Series B in 2015
Miovision Technologies Inc., established in 2005, specializes in traffic data collection and management solutions. Based in Kitchener, Canada, with an additional office in Cologne, Germany, the company serves traffic data collection firms, engineering firms, and government agencies globally. Miovision offers a suite of products, including Miovision Central for project management, Scout devices for data collection, and Miovision Traffic Data for analysis. Additionally, they provide tools to monitor and manage traffic signal performance, and Teal, a platform for goal tracking. Their solutions leverage computer vision and AI to help cities optimize traffic flow, reduce environmental impacts, and enhance transportation experiences for all users.

Prana Bio

Series A in 2014
PRANA is born out of a love of food and a belief that food can fuel appetite for life. They promote wholesome living through good nourishment. They innovate, produce and provide the best food possible through simplicity, ingenuity and integrity. They care, inspire and dare, using business as a motor for change that is socially and environmentally responsible. They connect, inform and relate, bringing people closer, to each other and to mother earth. They take pride in offering their customers fresh and flavourful high quality products that have been inspired by different traditions from around the globe. They offer a wholesome range of awesomeness including nuts, seeds, dried fruits, trail mixes, snacks and superfoods. All their products are certified organic, kosher, vegan, gluten-free, gmo-free, preservative-free, sulfite-free and, above all, free of compromise.

Horizon Distributors

Debt Financing in 2014
Horizon Distributors engages in the distribution of landscape and irrigation supplies for green industry professionals.

Better Bean

Series A in 2014
Better Bean specializes in producing high-quality, award-winning refrigerated beans. Their product range includes ready-to-eat or heat varieties such as Rethought Red Beans and Uncanny Refried Black Beans, catering to vegan and gluten-free diets. Better Bean's products are available at select grocers nationwide.

Sensible Organics

Series C in 2014
Sensible Organics, Inc., established in 1996 and based in Beaver Falls, Pennsylvania, specializes in manufacturing a wide array of natural and organic personal care products. Their product portfolio includes bath and body care items, baby care products, hair care solutions, face care treatments, and lip care products. The company is renowned for its contract manufacturing services, catering to mid-stage and large-cap beauty companies and retailers. Sensible Organics operates a USDA-certified organic manufacturing facility, offering custom product development, private labeling, packaging development, testing, filling, and shipping services for certified natural and organic personal care products. They are committed to creating healthier and environmentally friendly products that contribute to the growth of the organic market.

Sweet Earth Natural Foods

Series A in 2014
Sweet Earth Foods is a manufacturer specializing in plant-based protein products for professional kitchens. Their offerings include frozen meals, burritos, breakfast sandwiches, and chilled plant-based burgers and proteins, all of which are certified organic and free from GMOs. Each product is inspired by global culinary traditions, delivering exceptional flavor and quality.

Sensible Organics

Series B in 2013
Sensible Organics, Inc., established in 1996 and based in Beaver Falls, Pennsylvania, specializes in manufacturing a wide array of natural and organic personal care products. Their product portfolio includes bath and body care items, baby care products, hair care solutions, face care treatments, and lip care products. The company is renowned for its contract manufacturing services, catering to mid-stage and large-cap beauty companies and retailers. Sensible Organics operates a USDA-certified organic manufacturing facility, offering custom product development, private labeling, packaging development, testing, filling, and shipping services for certified natural and organic personal care products. They are committed to creating healthier and environmentally friendly products that contribute to the growth of the organic market.

Miovision

Series A in 2012
Miovision Technologies Inc., established in 2005, specializes in traffic data collection and management solutions. Based in Kitchener, Canada, with an additional office in Cologne, Germany, the company serves traffic data collection firms, engineering firms, and government agencies globally. Miovision offers a suite of products, including Miovision Central for project management, Scout devices for data collection, and Miovision Traffic Data for analysis. Additionally, they provide tools to monitor and manage traffic signal performance, and Teal, a platform for goal tracking. Their solutions leverage computer vision and AI to help cities optimize traffic flow, reduce environmental impacts, and enhance transportation experiences for all users.

Elevation Brands

Venture Round in 2012
Elevation Brands develops, manufactures and markets mission-driven brands to improve the lives of families and the environment including Blue Horizon Seafood and Ian’s Natural Foods.

Sensible Organics

Series A in 2011
Sensible Organics, Inc., established in 1996 and based in Beaver Falls, Pennsylvania, specializes in manufacturing a wide array of natural and organic personal care products. Their product portfolio includes bath and body care items, baby care products, hair care solutions, face care treatments, and lip care products. The company is renowned for its contract manufacturing services, catering to mid-stage and large-cap beauty companies and retailers. Sensible Organics operates a USDA-certified organic manufacturing facility, offering custom product development, private labeling, packaging development, testing, filling, and shipping services for certified natural and organic personal care products. They are committed to creating healthier and environmentally friendly products that contribute to the growth of the organic market.

Aquatic Informatics

Venture Round in 2010
Aquatic Informatics Inc. is a software solutions provider specializing in water data management and analysis for the environmental monitoring industry. Founded in 2003 and based in Vancouver, Canada, the company caters to a diverse clientele, including hydropower operators, watershed authorities, irrigation districts, mining companies, academic institutions, and various government agencies. Its product offerings include AQUARIUS Workstation, which provides data processing tools, and AQUARIUS Server, a centralized data management platform for water agencies. Additionally, Aquatic Informatics offers data acquisition systems such as EnviroSCADA for supervisory control and Sample Tracking and Receiving System for lab sample collection. The company is recognized for its innovation in environmental data management, serving clients from hydrologists to water resource managers in North America and beyond, with partnerships established with organizations like Environment Canada, the US Geological Survey, and various international agencies. As of July 2020, Aquatic Informatics operates as a subsidiary of the Danaher Water Quality Platform.

Sustainable Produce Urban Delivery

Debt Financing in 2010
SPUD INC. is an online grocery retailer specializing in local and organic produce, as well as a wide range of grocery items. Founded in 1997 and headquartered in Vancouver, Canada, the company offers a diverse selection of products, including fresh fruits and vegetables, dairy, bakery items, meats, seafood, beverages, snacks, and health and beauty products. In addition to food items, SPUD INC. provides household essentials such as cleaning supplies, paper products, and pet food. The company serves customers across various regions, including Vancouver, Victoria, Nanaimo, Calgary, Edmonton, San Francisco, and Los Angeles, facilitating convenient home delivery through its online platform. SPUD INC. is dedicated to promoting sustainable and healthy living by offering organic and locally-sourced products.

Alter Eco

Series A in 2010
Alter Eco is a San Francisco-based company that imports, produces, and distributes fair-trade, sustainably sourced foods. It offers coffee, tea, rice, quinoa, sugar, olive oil, and chocolate, as well as dark chocolate bars, truffles, and granola produced for the natural foods channel. The company serves retailers and online customers in the United States and internationally. Founded in 2004, Alter Eco emphasizes organic, ethically sourced products to support a healthier nutrition.

Blue Horizon Organic Seafood

Venture Round in 2009
BLUE HORIZON Organic Seafood Company, Inc. distributes seafood and prepared seafood products in North America. The company offers bulk and retail packaged shrimps, diver-gathered scallops, clam strips, crab cakes, and clam chowders. It also offers frozen salmon fillets, smoked salmons, tuna in cans, organic tarter and cocktail sauce products, shrimp appetizers, shrimp skillet meals, shrimp and veggie spring rolls, vegetarian skillet meals, seafood bites appetizers, and shrimp and scallop bake products. The company serves retailers and supermarkets. BLUE HORIZON Organic Seafood Company, Inc. was founded in 2005 and is based in Aptos, California.

Seventh Generation

Venture Round in 2009
Founded in 1988, Seventh Generation produces plant-based household products, including cleaners, soaps, and personal care items. Committed to sustainability and human health, the company formulates products using natural ingredients, with no animal testing involved. Its product range spans laundry detergents, diapers, surface cleaners, and more, packaged responsibly with recycled materials.

Rustic Crust

Series B in 2009
Founded in 1996, Rustic Crust specializes in producing high-quality, all-natural pizza crusts and flatbreads. Their products are crafted using Old World techniques, with dough formed by hand, slowly fermented, double proofed, and baked for rich flavor. They offer a variety of ready-made crusts and frozen topped flatbread pizzas, served through online retailers.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.