During the ‘Raising Capital for Green Ventures’ event, the Compost Baladi SAL management team presented the opportunity for seed investors to invest in the company, a waste management solution provider and a mature, stable, and well-structured natural-organic fertilizer, with outcomes exceeding expectations, as 17 NDAs were signed by different private investors.
The company, based in Lebanon, is offering a Convertible Note investment opportunity for an amount of USD 400,000, supported by the proposed growth plan and expansion strategy.
The event was organized under the Water and Energy for Food Grand Challenge (WE4F) through The Middle East and North Africa Regional Innovation Hub (MENA RIH), a consortium under the leadership of Berytech alongside cewas, IWMI and Chemonics Egypt. The MENA RIH supports innovators that work in the region and produce more food while using less water and energy. Together with investors and other partners, the MENA RIH works to scale mid-to-late-stage enterprises that have an environmental and social impact in the water-energy-food nexus.
Export-led Growth Strategy
Compost Baladi was founded in 2017 as a result of the ongoing waste mismanagement and agricultural impoverishment globally. They provide the region with the right waste management solutions and a mature, stable, and well-structured natural-organic fertilizer. They achieve this through establishing partnerships with the local community members and expanding the impact of their reach through innovation and knowledge transfer.
Compost Baladi is actively promoting projects in the MENA Region and looking to expand its export portfolio.
In his presentation, Marc Aoun, CEO of Compost Baladi, explained that new investment in production capacity will feed into Compost Baladi’s expansion growth strategy.
“This event represents what the ecosystem is truly all about. The support we have received throughout our journey is a big part of why we are continuously capable of overcoming the challenges of the country and the sector,” commented Aoun.
With that, Compost Baladi is opening an investment opportunity to secure the amount of USD 400,000 in 2022. The investment will be geared towards building production capacity and expanding to the Gulf region, especially the Kingdom of Saudi Arabia.
The WE4F MENA RIH in Lebanon
Constantin Salameh, Head of Investments WE4F MENA, explained how the WE4F team has been working with the Compost Baladi leadership team for the past two years to ensure that they have complete comprehension and a best-quality data room for investors that includes investment teasers, a comprehensive financial model, investment pitch and company evaluation.
“We are convinced that Compost Baladi will raise the required funds because they combine innovative technology in waste management and a visionary and very competent leadership team. Most importantly, they have scalability potential across the portfolio of products and services and in regard of geographic expansion, so they have all the elements required for scaling successfully and sustainably, and a large social-environmental impact,” commented Salameh.
WE4F MENA RIH selects between 15 to 20 companies annually through a very intensive process that looks at the scalability potential, innovation potential, and impact of companies in Algeria, Egypt, Jordan, Iraq, Lebanon, Morocco, West Bank/Gaza, Tunisia, Sudan, and Yemen.
The Lebanon portfolio includes five innovators besides Compost Baladi, including Biomass – who works to increase the production capacity of organic certified food products by using farming techniques and practices that reduce and optimize agricultural input use and resource use; Robinson Agri – who provides optimized irrigation systems for the Lebanese farming community; Go Baladi – who provides conventional organic goat dairy products, and GreenEssence – who provides solar PV solutions in Lebanon.
“We do a similar work with all companies in the program and have helped them raise more than USD 6M over the past 9 months, with the goal of raising more than USD 30M to USD 40M over the next 3 years,” explains Salameh.
Interested in Investing?
Compost Baladi is still open to receiving offers from investors who were unable to attend the event. Interested financiers can request the company’s investment teaser and additional information by reaching out to Pamela Saber (firstname.lastname@example.org), Investment Specialist at Berytech.
About WE4F MENA Regional Innovation Hub
Berytech is leading the consortium for the MENA Regional Innovation Hub (MENA RIH) – Water and Energy for Food Grand Challenge (WE4F). WE4F is a joint international initiative of the German Federal Ministry for Economic Cooperation and Development (BMZ), the Foreign Ministry of the Netherlands, Sweden through the Swedish International Development Cooperation Agency (Sida), and the U.S. Agency for International Development (USAID).