The Hatchery Announces Partnership With Norwegian Green Tech Giant ‘Valinor’ For The Hatchery Incubator
The Hatchery Announces Partnership With Norwegian Green Tech Giant ‘Valinor’ For The Hatchery Incubator. SA based private equity firm The Hatchery has announced its partnership with Norwegian green tech giant Valinor for the Hatchery Incubator.
The Hatchery strives to discover and support entrepreneurs, offering access to hands-on expertise and milestone-based funding so that start-up founders have the capacity to innovate. The green incubator was founded in January 2021 and have offices in Oslo, Cape Town, and Detroit. Head of the incubator, Jon Bøhmer said in a statement, “Valinor is 100 percent committed to green investments and is warmly welcomed to us in Hatchery. The effects of human-caused global warming are happening now, are irreversible on the timescale of people alive today, and will worsen in the decades to come. – The world is facing code red in the climate challenges, and we are trying to give voice to this challenge.”
Valinor is a Norwegian family-owned investment company that has solid experience in building successful businesses. The green giant’s strategy is to reinvest 90 percent of the return into renewable energy, infrastructure, and aquaculture. Its investments are without compromise on sustainable solutions to promote growth and synergies. Together, its activities constitute a commitment to a tomorrow people want to wake up to.
The Hatchery is an investment holding company that provides growth and expansion capital to “Fund the Future of Food” in Southern Africa. By sourcing and investing in disruptive businesses, technologies, products and/or services, it aims to shape a healthier and more sustainable future of food for the region. With the backing of one of South Africa’s most prominent investment holding companies, Remgro; and one of the biggest food producers, RCL Foods ; it brings together a powerful ecosystem of capital, networks, and Food, Beverage and Agribusiness expertise to support its investee companies.
This iincubator will seek to assist startups with their scaling and growth prospects. These companies are willing to invest money in order to see these startups striving as they would also be invested in it and they would want a return in investment.
