Renewal Funds invests in $1.5 mln financing of Better Bean
The Better Bean Co, a manufacturer of beans using all-natural, quality ingredients, has obtained US$1.5 million in equity financing. One of the investors in the round was Canadian venture capital firm Renewal Funds. Founded in 2009, the Portland, Oregon-based Better Bean is also backed by Portland Seed Fund. With headquarters in Vancouver, Renewal Funds is an early-stage investor focused on environmental and social mission businesses in Canada and the United States. Earlier in October, the firm also made a follow-on investment in U.S.-based personal care company Sensible Organics Inc.
21 October 2014•4 mins read
