Venture Capital & Private Equity - Douglas, Georgia, United States
The insatiable global demand for natural resources is having a detrimental impact on our planet and exacerbating the prevailing global climate crisis. It has also stimulated significant investment in resource efficiency. Resource efficiency means using the planet's limited natural resources in a sustainable manner while minimising impacts on the environment. It allows humankind to create more with less and to deliver greater value with less input. It is part of the Europe 2020 Strategy, the EU's growth strategy for a smart, inclusive and sustainable economy. It supports the shift towards sustainable growth via a resource-efficient, low-carbon economy.In 2018, ExoTechnologies, the next generation solutions and investment company, launched its first two privately funded ESG investment funds to finance high-potential and pioneering resource efficiency projects that are capable of accelerating the green transition to a circular economy. ExoFund I, established a maritime special purpose entity to research, develop and patent an innovative and ground-breaking hull system for high-performance craft. In doing so, it has considered fuel efficiency and the creation of a ‘fit for purpose' operating platform for potentially heavier, early generation renewable or clean energy propulsion systems.ExoFund II, established a materials special purpose entity to research, develop and patent a revolutionary composite material which is capable of being recovered, recycled and reused repeatedly. In doing so, it has considered sustainable manufacturing requirements, superior mechanical properties and ‘end of life' management.
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