Koru Announces Acquisition by Open Access Ventures
Koru, a tech-enabled sustainability consulting firm, is excited to announce its acquisition by Open Access Ventures (OAV), a micro-private equity firm focused on sustainability. This strategic move marks a significant milestone in advancing both organizations’ commitment to innovative sustainability solutions across various industries.
Koru has been at the forefront of developing cutting-edge technology driven by extensive PhD research and years of dedicated development. This acquisition allows Koru’s innovative solutions to be integrated into OAV’s portfolio companies, enhancing their sustainability efforts and driving significant environmental impact. The collaboration with Open Access Ventures will enable Koru to leverage OAV’s resources and network to scale its efforts, providing more effective sustainability solutions to a broader range of businesses. This partnership underscores a shared vision of promoting eco-friendly practices and supporting businesses in achieving their sustainability goals.
Open Access Ventures is dedicated to investing in and supporting sustainable innovation and highly scalable ventures. By integrating Koru’s advanced technology, OAV can offer comprehensive and actionable solutions to its portfolio companies, driving both environmental and financial success.
Devarshan Patel, CTO and co-founder, has been the lead engineer and strategic mind behind the AI-driven software from day one. “There is no better feeling than designing a software solution and seeing it live and breathe the way that the Koru platform has. It has been a tough road but I’m proud of what Koru has become and excited to see what the team at Open Access can do with the technology from here on.”
As part of this acquisition, Ricky Marton, the CEO of Koru, will assume the role of President at Open Access Ventures. Marton’s extensive experience in sustainability and technology will be instrumental in driving OAV’s vision forward, ensuring the successful integration of sustainability into all aspects of the firm’s operations and expanding the impact across its portfolio.
“We are thrilled to join forces with Open Access Ventures to further our mission of driving sustainability and environmental impact,” said Ricky Marton, CEO of Koru. “The technology we developed will now be able to produce great results for Open Access’s portfolio companies and their clients, allowing us to amplify our impact and achieve our underlying mission.”
For more information about Koru, visit www.koru.global.
For more information about Open Access Ventures, visit www.openaccess.ventures.
Media Contact:
Public Relations Manager
Open Access Ventures
media@openaccess.ventures
