Global circular product solutions manufacturer ChopValue this week announced a $4 million investment from InBC Investment, a fund created by the Province of British Columbia aimed at driving financial returns alongside positive impact. The government capital builds on private fundraising from last year.
ChopValue will leverage InBC’s investment to make strategic key hires on their Business Development and Design teams, according to statement from the firm, as well as accelerate the development and implementation of their solutions to solidify a leadership position within Canada’s circular manufacturing sector. Founded in 2016, ChopValue’s urban harvesting approach has diverted over 170 million chopsticks from the landfill.
Want to know more? Check out the source code on Techcouver.