Harvest Power, Inc. obtains $20 million in venture funding
Written By: Stratton Report
November 23, 2015
On November 23, Harvest Power, Inc., announced that it had received $20 million in new funding. The firm will use the capital to scale its existing organics business while launching new initiatives in food waste management and renewable energy.
The new funding comes from internal investors led by True North Venture Partners, Industry Ventures and Generation Investment Management.
Christian G. Kasper has been appointed Harvest’s CEO, replacing Kathleen Ligocki who has recently accepted a CEO role at another company. She will remain a member of the Harvest board of directors
Michael Ahearn, chairman of Harvest’s board of directors, commented:
“We are excited about this next chapter under Chris’ leadership as the company advances it strategic growth plans. Kathleen has charted a path to success for Harvest, and we thank her for the hard work, dedication and direction she’s provided Harvest over the past two years.”
Chris Kasper remarked: “I’m very pleased for this opportunity. I’m a firm believer in the mission of Harvest, to put organics to their highest and best use, and believe we have the investors, team and vision to accomplish our shared goals.”