Divert Secures Strategic Partnership with Mitsubishi to Scale Circular Infrastructure Across North America

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Partnership combines strategic capital investment and renewable natural gas offtake arrangement, advancing Divert to a valuation of over $1 billion WEST CONCORD, Mass., April 14, 2026--(BUSINESS WIRE)--Divert, Inc., a circular economy company on a mission to prevent food from being wasted, today announced a strategic partnership with Mitsubishi Corporation (MC) serving as the lead investor in Divert’s Series C financing. This partnership is a first-of-its-kind model for the organics resource recovery industry, reflecting the demonstrated success of Divert’s commercially and operationally proven platform and elevating the company to a valuation of over $1 billion. The partnership comes at a time when regulatory pressure, decarbonization goals, food supply chain inefficiencies, and rising disposal and energy costs are continuing to converge. As demand accelerates for infrastructure that can recover value from food that can no longer be consumed, MC’s expertise will play a key role in supporting Divert’s continued growth. As part of the partnership, MC has made an equity investment in Divert and in connection with that investment, has been granted preferred offtake rights for renewable natural gas. Together, Divert and MC are also establishing a new pathway to bring the benefits of renewable natural gas into Japan and other global markets through MC’s global energy platform. "This partnership reflects the maturity of Divert’s platform and the value we deliver to customers every day," said Ryan Begin, CEO and co-founder of Divert. "We have built a proven model that solves real operating challenges for food retailers and manufacturers, and creates value through food donations, renewable energy production, and nutrient recovery. MC recognized Divert as a disciplined infrastructure platform with proven results, strong operating capability, and a clear path to continued scale." Divert's platform sits at the intersection of food, logistics, agriculture, energy and carbon markets, positioning the company to reduce waste at its source and maximize value from the material it receives. The company’s model supports major food retailers and manufacturers in achieving compliance, reducing waste, and improving operational efficiency. MC leverages more than 50 years of expertise across energy markets to deliver solutions that support a stable energy...

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