The circular economy needs scale — Closed Loop Venture Group has $50 million to help

Read the full story at GreenBiz.

As 2021 draws to an end, Closed Loop Partners’ venture capital group — the Closed Loop Ventures Group — reports that it has closed its Venture Fund II, which is backed by investors including Microsoft and Autodesk Foundation. An executive for Closed Loop Partners said the investment arm surpassed its $50 million goal for the fund but did not disclose by how much…

With the fund closed, the group is shifting its attention to investing in the next generation of circular companies and supporting their founders. Closed Loop Ventures Group invests in seed and pre-seed stage companies that are focused on the development of the circular economy.

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