Circularity Capital has continued to build its portfolio of European growth stage businesses enabling the circular economy with a growth capital investment in Cocogreen, a specialist in the design and manufacture of low-carbon, high-yield coir growth substrate for berries, salads, citrus fruit and avocados.
The company’s products are manufactured using a by-product of the global coconut industry, which is refined using proprietary product and process technologies.
Circularity Capital’s investment will see the growth equity specialist play a driving role in supporting the management team, as Cocogreen further accelerates its international expansion and the replacement of incumbent carbon-intensive products. David Mowat, partner at Circularity Capital, has joined the board of Cocogreen to support the business going forward.
