Waste Management invests in organics recycling (Houston)

Waste Management Inc. has agreed to invest in a Massachusetts company, Harvest Power, to expand next generation organics recycling facilities in the U.S. and Canada and tap into the 180 million-plus tons of annual organic waste produced in North America.

The announcement brings the Houston-based company into the fold with existing investors Kleiner Perkins Caufield & Byers of Silicon Valley and Germany’s Munich Venture Partners, both of which increased their initial stake.

Read the full report in the Houston Business Journal.

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