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Triodos Bank's venture capital fund, the Triodos Innovation Fund, has invested in Barefoot Botanicals, the natural skin and hair product company. The investment will be used to re-brand the company, increase its product range and expand its distribution.
The fund invests only in companies that benefit either people or the environment. Whitni Thomas, Triodos Bank Investment Manager, commented: "Deals like this one prove that values-driven businesses don't have to sell out or stay small… They can be profitable, stay true to their ethical roots and attract the right kind of investment to grow."
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