Rockville’s Compost Crew Raises Oversubscribed $5.5M Series A To Accelerate Growth

DMV’s food recycling leader secures investments from Lattice Impact Capital and long-time customer Tower Companies

Compost Crew, the Rockville-based largest food scrap recycling company in the Mid-Atlantic, announced the closing of an oversubscribed $5.5M Series A investment to help propel the growth of composting in the greater Washington, D.C.metropolitan area and beyond.

The funding round was led by Lattice Impact Capital, a New York-based sustainable infrastructure fund that invests in companies, projects, and assets that will transition the world to a more environmentally sustainable future.

“With the rising customer demand we have witnessed over the past 18 months, the time was right to engage a group of investors who can make a meaningful contribution to our expansion,” said Ben Parry, CEO of Compost Crew. “Compost Crew will continue to operate a profitable business and we remain as committed as ever to protecting the planet and creating high paying jobs for our diverse workforce. This investment will accelerate our mission to bring composting mainstream.”

“We are enthusiastic about the growth prospects for Compost Crew and for its important mission to eliminate food waste,” said Neal Parikh, Managing Partner of Lattice Impact Capital. “We expect the momentum behind food scrap recycling to accelerate in the D.C. region and other states; Compost Crew’s strong leadership team and ten plus years of experience will allow it to capture an outsized share of the market.”

Additional investors in this round of funding include: the Tower Companies, which has been a Compost Crew customer since 2015; K Street Capital; and several local executives and long-time Compost Crew customers.

“As one of Compost Crew’s first commercial clients, we understand the benefits of composting,” said Katie Rothenberg, Vice President of Sustainability with Tower Companies. “Environmental sustainability is so important – whether it be carbon, water or waste reduction. Tower Companies was thrilled with the opportunity to invest in a local organization that is a leader in reducing food waste. We hope to help Compost Crew motivate more area businesses to start composting, which will have a positive benefit for our local community.”

In 2021, Compost Crew reached 7,000 customers as the company continued its rapid growth in both the residential and commercial markets. The company quadrupled the capacity of its distributed composting facilities built in partnership with area farms, and has rolled out new solution offerings like a paid food scrap drop off subscription for residential customers.

To learn more about Compost Crew’s services, visit compostcrew.com.

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17th Annual Kensington Day of the Book Festival

Now in its 17th year, the Kensington Day of the Book Festival is a family-friendly street festival featuring 150+ renowned authors, poets, and literary organizations. Enjoy live music on five stages, special guest speakers, military veteran writers and comedians, poetry readings, cookbook demos, children's program, and much more.

Admission is free, and attendees will also be able to explore a marketplace of books and food offerings from local vendors.

Not your average book festival! This festival offers something for everyone!

17th Annual Kensington Day of the Book Festival

Sunday, April 21, 2024, 11am-4pm (held rain or shine!)

Howard Avenue, Kensington, MD 20895

www.dayofthebook.com

Instagram: @kensingtonbookfestival

Contact: Elisenda Sola-Sole, Festival Director

[email protected]

301-949-9416 (text preferred)

FEST OF SPRING Caribbean Wine Food & Music Festival

Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.

Step into a world where the Caribbean spirit comes alive! From 12:00 PM onwards, immerse yourself in a sensory journey that celebrates the unique culture, cuisine, and music of the Caribbean. Whether you're an African American, a Reggae or Soca music enthusiast, a wine lover, or part of the vibrant Caribbean diaspora, this festival promises to delight and captivate you in every way.

Let the enticing aromas of mouthwatering Caribbean dishes tantalize your taste buds. Feast on traditional delicacies prepared by expert chefs, showcasing the rich and diverse culinary heritage of the Caribbean. Indulge in flavorful jerk chicken, succulent seafood, and delectable plantain dishes that will transport you straight to the islands.

Accompanying the culinary extravaganza is a carefully curated selection of premium wines, ensuring the perfect pairing for your palate. Sip on fine wines from renowned vineyards, each sip a reflection of the Caribbean's vibrant spirit. Discover new flavors, expand your wine knowledge, and savor unforgettable moments with every glass.

As the sun sets, get ready to groove to the infectious rhythms of Caribbean music. Feel the pulsating beats of reggae, soca, dancehall, and calypso, moving your body to the lively melodies. Live performances by talented musicians and performers will keep the energy high, ensuring a night of unforgettable entertainment.

Don't miss this opportunity to embrace the Caribbean spirit and celebrate the arrival of spring in style! Tickets are available on AllEvents, so secure your spot today. Join us at the FEST OF SPRING Caribbean Wine Food & Music Festival, where cultures collide and unforgettable memories are made.

LIVE PERFORMANCES By: CULTURE Feat. Kenyatta Hill, EXCO LEVI, IMAGE BAND, RAS LIDJ REGG'GO with Special Guest SUGAR BEAR FROM E.U. & MORE! & MORE!

MUSIC By: DJ ABLAZE, DJ SMALLY & NAJ SUPREME

2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES

KIDS 12 & UNDER FREE!!!

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