Peak Ridge Capital’s AgTech Fund has invested in Xolve, a nanotechnology company whose technology allows for the breakdown of nanomaterials while mitigating the two most critical concerns – cost and performance.
Peak Ridge was one of four investors involved in the round of financing for Xolve which will allow the company to expand their production facilities, R&D, intellectual property base and accelerate their sales, marketing and business development. Other investors include, DSM, the Nordic Group of Companies and NEW Capital Fund.
“We continue to be impressed with the breadth of commercial applications for Xolve’s core technology,” says Jason Smith (pictured), President of Peak Ridge.
The Peak Ridge AgTech Fund is a private equity fund focusing on financing innovation in agriculture, clean technologies and biofuels. The Fund invests in companies with key agricultural technologies that provide solutions in the areas of increasing food supply, lowering cost of production and improving efficiency in the supply chain. In addition to the agricultural supply-side, the fund is also investing in clean technologies, as well as systems and improvements in the biofuel markets.
