Skate for cleaner waves: Patagonia invests in recycled skateboard startup
Huffington Post - 10/31/2014
Patagonia’s investment comes through its $20 Million & Change fund, which they launched in 2013 to help innovative, like-minded startups bring about solutions to the environmental crisis and other positive change through business.
Patagonia actually helped Bureo get started: the director of Patagonia Chile wrote a letter of recommendation to help them receive a $40,000 grant from Start-Up Chile — a government-sponsored program for startups. Bureo also received $10,000 in gap funding from Northeastern University’s IDEA, a student-run venture accelerator, and ran a hugely successful Kickstarter campaign.