World Economic Forum Circular Awards names Closed Loop Partners First Runner Up for Circular Economy Investor in Davos
DAVOS, Switzerland, Jan. 23, 2018 /PRNewswire/ -- Three years after inception, Closed Loop Partners (CLP) was honored last night as First Runner Up in the Circular Economy Investor category at the 4th annual Circular's Award ceremony at the World Economic Forum annual meeting in Davos, Switzerland. CLP was also honored as First Runner up in 2016.
According to Rob Kaplan, Managing Partner at Closed Loop Partners, "This award is a testament to the commitment of our corporate investors in Closed Loop Fund who took a bet on this new model three years ago, our investors in Closed Loop Ventures, and our portfolio companies who are proving tremendous impact and scale opportunity." Two of CLP portfolio companies, EVRNU and AMP Robotics were also finalists. AMP Robotics won the Circular Economy Tech Disruptor Category.
The Circulars, an initiative of the World Economic Forum and the Forum of Young Global Leaders, is the world's premier circular economy award program. The awards are open to individuals and organizations from commerce and civil society in seven distinct categories and are designed to recognize and celebrate, on a prestigious global stage, all facets of the circular economy movement.
Closed Loop Partners is an investment firm that manages the Closed Loop Fund, a project finance fund that invests in scaling recycling infrastructure and sustainable manufacturing technologies, Closed Loop Ventures (CLV), a global equity fund that invests in early stage consumer goods, advanced recycling technologies and services supporting the circular economy and Closed Loop Foundation, a 501c3 that does research and development of technologies and business models both focused on building the circular economy. Investors include 3M, Coca-Cola, Colgate-Palmolive, Goldman Sachs, Johnson & Johnson Family of Consumer Companies, Keurig Green Mountain, Nestlé Waters North America, PepsiCo and the PepsiCo Foundation, Procter & Gamble, Unilever, Walmart and the Walmart Foundation.
Since inception, Closed Loop Partners has deployed more than $35m across 30 investments, diverting over 250K tons of waste from landfill, reducing 600K+ metric tons of CO2, creating $4.3 million in economic benefit for municipalities and impacting over 1.5 million people. For more information, visit http://www.closedlooppartners.com.
Contact: Bridget Croke, [email protected], 802.338.0368
SOURCE Closed Loop Partners
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