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Harvest announces $20M in fresh funding and new CEO

Wow. It’s an exciting new chapter at Harvest Power: Today we announced $20 million in fresh funding from our Kasper_Chris_2014-05-19_09-40-14_dsc6177-edit-harvest_power (1)awesome investors, adopted a strategic growth plan for our organics management business, and welcomed Christian G. Kasper as he took the helm as CEO.

In his remarks to the company today, Chris thanked Kathleen Ligocki for her dynamic leadership over the past two years. He then continued, pointing out how half a billion tons of organics are going into the landfill each year. This is a challenge that we, as a country, are starting to address. Harvest Power is at the forefront of this movement, building meaningful traction.

Onwards!

 

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$42 Billion for Smarter Waste Management

Forbes[1]Forbes,$42 Billion for Smarter Waste Management,” by Heather Clancy

 

With the volume of municipal solid waste (MSW) projected to reach 2.2 billion tons by 2023 (compared with 1.5 billion tons this year), communities and businesses are reconsidering disposal strategies with an eye toward minimizing consumption and getting smarter about recovery.

That movement will inspire investments in smart waste technologies to help with collection, processing, energy recovery and disposal, to the tune of $42 billion cumulatively between now and 2023, predicts Navigant Research.