Minus Waste Solutions Gains Financial Backing from Canada Business Growth Fund
Minus Waste Solutions Gains Financial Backing from Canada Business Growth Fund
On July 9, 2025, Minus Waste Solutions, a prominent name in the sustainable food waste recycling sector, announced a substantial growth equity investment from the Canada Business Growth Fund (CBGF). This significant partnership aims to enhance the company's ability to convert food waste into valuable resources while expanding its operations across Canada and potentially international markets.
Leonidas Anagnostakos, President of Minus Waste Solutions, expressed his excitement about the collaboration, stating, "We are thrilled to partner with CBGF as we take Minus Waste Solutions into its next phase of growth. This investment further validates our business model and our team's dedication to providing innovative, sustainable solutions for food waste diversion. Together with CBGF, we are well positioned to drive meaningful impact in advancing a circular economy."
CBGF is committed to investing in promising Canadian businesses that exhibit strong growth potential and proven track records. Dale Tingley, Co-Managing Partner at CBGF, commented on Minus Waste Solutions' distinctive platform within the waste management industry, saying, "They have built a highly differentiated and scalable platform in the waste management sector. We look forward to supporting their continued growth and helping them achieve their vision for a more sustainable future."
Located in Vaughan, Ontario, Minus Waste Solutions operates a processing facility that serves an increasing number of commercial, industrial, and institutional clients. The company focuses on innovation, providing tailored programs that divert organic waste from landfills, converting it into animal feed, renewable energy, and other valuable products. This approach exemplifies their commitment to reducing environmental impact and fostering sustainability in the industry.
About Minus Waste Solutions
Founded with a mission to transform food waste management, Minus Waste Solutions has positioned itself as a leader in food waste recycling and resource recovery in Canada. Through its innovative processes and emphasis on sustainability, the company assists businesses in minimizing their ecological footprint, while simultaneously creating new value from food waste streams.
About Canada Business Growth Fund (CBGF)
The Canada Business Growth Fund (CBGF) serves as a vital resource for ambitious entrepreneurs in Canada, providing long-term, patient, minority capital to fuel the growth of mid-market businesses with investment amounts ranging from $5 to $20 million. With total capital commitments reaching $545 million, CBGF is dedicated to forming enduring partnerships with the businesses it invests in. The fund also strives to connect business leaders and industry experts to help these companies realize their full potential.
As the partnership between Minus Waste Solutions and CBGF unfolds, it is expected to create a lasting impact not just on their operations, but also contribute positively to the environment by advancing innovative waste management solutions and cultivating a greener economy. The investment is likely to bolster the company's future initiatives and drive its mission of effective waste diversion and sustainable resource recovery.