Circular economy

OroraTech has raised €25m for its wildfire predictive AI technology, and for its global expansion plans. Extreme wildfire events are an increasing challenge, more than doubling globally from 2003 to 2023.

Summa Equity has invested in Nutris, a Croatian factory developing sustainable protein sources from fava beans, through the €2.3bn Summa Equity Fund III.

The company, which processes hard-to-recycle plastics, is in talks with  institutional investors over the launch of a $340m bond to fund expansion.

Plus BII’s $20m loan to improve remittance flows into Africa | GRI /UN Global Compact update SDG reporting tool.

The Polestar Capital Circular Debt Fund is now closed with €240m in capital which will be used to finance 30 circular projects in the Netherlands.

According to a report by Planet Tracker the focus on recycling has allowed the plastic industry to continue the expansion of production, shifting the blame for global plastic pollution onto consumers.

A report from UBS Asset Management and Planet Tracker aims to provide investors in solar, wind and bioenergy with a roadmap on holistic approaches to nature-related risks.

Ahead of World Oceans Day, RBC BlueBay Asset Management’s Harrison Hill looks at some of the drivers of plastic pollution, and the potential role of the fixed income market for investors who want to make an impact.

Private equity firm Mentha has launched what is says is the first impact buy-out fund to target the Benelux region, announcing a first close of €100m.

Government fund Invest-NL is one of the investors backing the Groningen-based company which will use the funds to build a new factory in the northern Dutch city of Delfzijl.