Rhiza Capital

Email: [email protected]
Website: http://www.rhizacapital.com
Phone: 604-928-8931

Office Headquarters Address:
550 Wharf Ave #301, Sechelt, BC V0N 3A0


Background


Year Founded: 2015

Mission & Mandate: Investing as a Force for Good

Description: Rhiza Capital is a Certified B Corporation growing local economies and healthy communities by connecting root capital to impact ventures. We finance the UN SDGs through direct impact investing, place-based fund partnerships, and Positive Impact financial products within the credit union sector.

Sectors


– Cleantech
– Community Economic Development
– Co-operative, Community & Social Enterprise
– Education & Skills Development
– Health & Well-being
– Sustainable Transportation & Infrastructure


Fund Characteristics


Coast Venture Root Three

AUM: $6 million
Vintage year: 2019
Closing year: 2021
Fund term: 8 – 10 years
Asset class: Private equity, Venture capital
Investor eligibility: Institutional, Accredited, Retail
Minimum investment: $20,000

Geographic scope: Provincial, British Columbia
Committed capital: $3.5 million
Average investment size: $200,000
Investee type: For-profit organisations
Investment stage: Seed, Early


Social & Environmental Impact


Learn More

Impact Highlights


Rhiza has directly invested in 25 impactful ventures, networked 8 place-based funds, and catalyzed over $20 million in SDG-aligned investment capital.


Financial Impact


Total capital invested: $5 million
Total capital leveraged:
$20 million

Number of investments made: 25

Other: The Positive Impact financial instruments we have helped create in the credit union sector have pooled ~$30 million in SDG-aligned capital.

Nota Bene


Awards & Notable Achievements:
– Certified B Corp
– 2020 BC Business for Good Award for Community Impact

Future Projects: Metro Vancouver Zero Emissions Innovation Center (LC3)


Success Story


Salish Soils

Sunshine Coast, BC | 2019

Salish Soils is an Indigenous-owned social venture, a compost-building facility in a rural area. On land that was formerly the site of an aggregate mine, which left the land degraded beyond repair, Salish Soils is building compost from a variety of sources, including the regional food scraps collection program, residential backyard waste, regional fish farm, construction and forestry waste. Instead of all of this going either into the landfill, being burnt or otherwise discarded to the detriment of the environment, Salish is creating a high quality, value-added product, much sought-after by landscapers, gardeners, farmers and local governments throughout the region. The social venture also helps to address, in concrete ways and at a local level, challenges including unemployment, homelessness, food security, gender and racial justice, mental health and wellness, poverty reduction, reconciliation with Indigenous peoples, resilient, climate-conscious economic development, COVID/recession recovery and more.

Learn MoreVisit Salish Soil's Website