TripleW Announces Investment from CBG
Wed Aug 04 2021 21:00:00 GMT+0000 (Coordinated Universal Time)
Second closing of SAFE investment
The British investor Vincent Tchenguizand his firm, CBG, have invested in TripleW as part of the SAFE agreement led by Millennium Food Tech R&D Partnership. The investment was completed with other new investors, as well as existing investors, including the Israel Gas and Oil Fund, Eddy Shalev, co-founder of the Genesis venture capital fund; and TripleW's co-CEO Tal Shapira .
Tchenguiz said, "We are pleased to join TripleW, a company engaged in the organic waste industry, which is traditionally responsible for 5% of global GHG emissions. TripleW's disruptive technology contributes significantly to the de-carbonization of the global economy."