Renewal Funds

Renewal Funds, established in 1994, is a Vancouver-based venture capital firm dedicated to investing in early-stage companies focused on sustainability. The firm targets organics and environmental technology businesses in Canada and the United States, with a particular interest in sectors such as energy, water, mobility, food and agriculture, and the circular economy. Its mission is to contribute to a safer and cleaner planet for future generations.

Jennifer Anderson

Partner

Mike Cormack

Venture Partner

Carol Newell

Co-Founder and Principal

Genevieve Pinto

Partner

Paul Richardson

Founding Partner and Managing Partner

Jerrod Shin

Associate

Joel Solomon

Founding Partner

Daniel Vo

Investment Associate

Past deals in British Columbia

Fresh Prep

Series B in 2021
Fresh Prep Foods Inc., established in 2015, is a Vancouver-based company that provides meal kit delivery services to customers in Canada. It offers a convenient solution for busy individuals, delivering pre-chopped, locally-sourced ingredients along with recipes, enabling customers to prepare diverse, healthy meals at home within 30 minutes. The company is committed to sustainability, using reusable, recyclable, and compostable packaging.

Fresh Prep

Series A in 2020
Fresh Prep Foods Inc., established in 2015, is a Vancouver-based company that provides meal kit delivery services to customers in Canada. It offers a convenient solution for busy individuals, delivering pre-chopped, locally-sourced ingredients along with recipes, enabling customers to prepare diverse, healthy meals at home within 30 minutes. The company is committed to sustainability, using reusable, recyclable, and compostable packaging.

Terramera

Venture Round in 2016
Terramera, founded in 2009 and based in Vancouver, Canada, specializes in developing and manufacturing plant-based pesticides and fertilizers as alternatives to conventional chemical products. The company offers solutions such as Proof for bed bug and dust mite control, Actigate as an organic pesticide, and Rango for pest control and crop protection. Terramera's technology platforms integrate artificial intelligence, science, and nature to promote sustainable farming practices, aiming to create a healthy and safe environment free from toxic chemicals. This approach supports farmers in achieving improved yields and profits through organic and sustainable methods.

Terramera

Venture Round in 2016
Terramera, founded in 2009 and based in Vancouver, Canada, specializes in developing and manufacturing plant-based pesticides and fertilizers as alternatives to conventional chemical products. The company offers solutions such as Proof for bed bug and dust mite control, Actigate as an organic pesticide, and Rango for pest control and crop protection. Terramera's technology platforms integrate artificial intelligence, science, and nature to promote sustainable farming practices, aiming to create a healthy and safe environment free from toxic chemicals. This approach supports farmers in achieving improved yields and profits through organic and sustainable methods.

Cascadia Windows & Doors

Venture Round in 2016
Cascadia Windows & Doors is a manufacturer based in Langley, British Columbia, specializing in fibreglass window and door systems aimed at enhancing energy efficiency in buildings. The company's product offerings include a range of fibreglass windows, doors, and cladding support systems, which are designed to optimize building performance. Cascadia primarily serves clients in British Columbia, Washington, and Oregon, but is also capable of accommodating orders from other regions. Through its innovative products, the company seeks to contribute to reduced energy consumption in the construction industry.

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.
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