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Amazon Invests $10M In Closed Loop Fund To Improve Curbside Recycling In The U.s.

by venturebeat.com posted 8months ago 27 views
Amazon is investing $10 million in Closed Loop Fund, a project finance fund that invests in sustainable manufacturing technologies and recycling infrastructure. Founded in 2014, Closed Loop Fund constitutes part of the broader Closed Loop Partners initiative, which includes an R&D center, a venture capital fund, and a private equity fund. The Closed Loop Fund, specifically, focuses on social impact investments in cities and and companies that are looking to build recycling programs.

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