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Renewal Funds

renewal Funds Investing for Change


Renewal Funds invests in early-growth stage companies in Canada and the U.S. focused on organic and natural food, green products and environmental innovation. These areas are critical to a sustainable society and are currently underserved by traditional investors.


Renewal Funds supports businesses that encourage consumers, businesses and governments to make more sustainable choices. Whether avoiding toxins in food, skin care products and clothing, or choosing more sustainable transportation options, consumers are becoming more conscious. By providing choices that are better for consumers and the environment at small price premiums, the companies Renewal Funds supports are positioned for strong financial growth and will increase the availability of sustainable products and services.


In addition to expected financial returns, RBC’s investment will help Renewal Funds fund businesses that provide:

  • Healthier food systems for people and the planet
  • Reduced carbon dioxide emissions
  • Reduced toxicity in our environment
  • Improved economic inclusion through Fair Trade and employee ownership programs

What Renewal Funds Invests in

Renewal Funds will invest in companies with $1 to $20 million dollars in annual revenue operating in sectors that are traditionally underserved by venture capital funds. Renewal Funds will provide patient capital, often partnering with investee companies for five to seven years.

The following companies are part of the Renewal2 portfolio and are indicative of what Renewal Funds investments will be.

Alter Eco (opens external website in new window)

Founded with the vision of creating a sustainable global food distribution system in North America, Alter Eco products are organic, fair trade and carbon neutral. The company sources quinoa, sugar, rice and chocolate from a network of more than 200 global farmer co-operatives in Bolivia, Ecuador, Peru, Thailand and the Philippines. The team received the 2012 Acterra Award for sustainability as well as the 3S Community Engagement award from the Global Sourcing Council.

Sensible Organics (opens external website in new window)

Sensible Organics is a leading developer and manufacturer of certified natural and organic personal care and beauty products. The company was the first personal care manufacturing facility in the world to receive organic certification by the United States Department of Agriculture in 2003.

In 2012, the company launched the Nourish organic personal care line nationally in the US in Whole Foods, Wegmans and Target. The company is located in economically depressed Beaver Falls, PA where all employees take part in an employee ownership and profit sharing plan.


Key Details

Investee: Renewal Funds (opens external website in new window)

Location: Vancouver-based fund that invests in companies across North America

Industry: Early growth-stage organic and natural food, green products and environmental innovation

Vision: To support North American entrepreneurs in organic and natural food, green products and environmental innovation companies.

RBC Investment Details: $1,000,000 Equity

Date of initial RBC investment: November 21, 2013