Harvest Power develops technologies and services to convert organic waste into renewable natural gas, soils, mulches and natural fertilizers, with a focus on anaerobic digestion. The company serves communities across North America through both bulk and consumer organics businesses. Founded in 2008 and based in Waltham, Mass., Harvest has grown rapidly and received multiple industry recognitions. It has been named to the Global Cleantech 100 for five consecutive years and won Bloomberg’s 2013 New Energy Pioneer Award and Fast Company’s 2014 list of Most Innovative Companies. The company announced a $20 million financing to support continued growth and product development. Leadership includes CEO Kathleen Ligocki, founder Paul Sellew (who remains as chairman of the Industry Advisory Board), and newly named Board Chairman Michael Ahearn. Harvest Power harnesses the value of organic materials by producing renewable energy, soils, mulches and natural fertilizers from food scraps and yard trimmings. The company operates organics facilities in the Mid-Atlantic and West Coast of the U.S., and in Ontario and British Columbia, Canada. Founded in 2008, Harvest has grown rapidly and earned recognition including listings on the Cleantech 100 and other awards. It expects to complete construction this year on the two largest anaerobic digestion facilities in North America. Harvest will use the new capital to continue expanding its renewable energy and compost-based fertilizer business and to scale operations. Demand from communities for maximum value extraction from organics has increased, supporting the company’s growth trajectory. Harvest Power builds an advanced technology platform to manage organic waste and recover energy, carbon and nutrient value from discarded organic materials. The company produces renewable energy in the form of electricity and natural gas and manufactures high‑value soil and organic fertilizer products. Harvest Power operates facilities in British Columbia, Ontario, Pennsylvania and California. It was founded in 2008 and is led by a management team with deep experience in composting, renewable energy, engineering and finance. The company has grown rapidly since founding and has received recognition including placement on the Cleantech 100, designation as Emerging Company of the Year by the New England Clean Energy Council, and an SBANE 2011 New England Innovation Award. The article reports a recent capital raise but does not disclose operating metrics such as revenue or user counts. Harvest Power develops technology to turn food and yard scraps into fertilizers and energy. The company is building and testing new biomass processing methods intended to be lower-cost than current anaerobic digesters. CEO Paul Sellew said recent capital will fund two large demo renewable-energy facilities in Richmond, B.C., and another site outside Toronto. The demos will allow Harvest Power to validate processing and conversion technology at scale. The company also runs a knowledge-sharing initiative called SSO Superheroes to profile projects and people recycling source-separated organics across North America. The article frames these efforts as part of the company’s push to commercialize its organic-waste-to-energy and fertilizer products. Harvest Power develops and operates facilities that convert food and yard waste into renewable energy and nutrient-rich compost. The company owns and operates the largest food and yard waste composting facility in North America, located in Richmond, British Columbia. It is developing high-solids aerobic and anaerobic digestion and composting technologies to accelerate decomposition of organic materials and increase renewable energy output. The process produces clean biogas that can be converted into electricity, liquefied natural gas, or compressed natural gas, while also generating compost products. Financially, Harvest Power has received venture funding, most recently an undisclosed investment from Waste Management and increased investments from founding backers. The company’s activities are positioned to complement larger waste-management sustainability initiatives and to expand renewable-energy production from organic waste.

Total raised

$42M

Funding rounds

5

Latest round

Equity

Latest activity

Oct 2014