About Beneficial Returns
Beneficial Returns, established in 2015, is a private debt fund primarily based in San Francisco, United States. It specializes in financing Conventional Debt round of companies based in Mexico. Its portfolio includes 4 firms, spanning the Environment Tech, Energy Tech sectors.
Its most notable investments include companies like Sistema, ATEC Biodigesters and Nazava Water Filters.
Its latest investment was a Undisclosed Conventional Debt round in Grupo Murlota on Dec 09, 2022.
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Conventional Debt
Beneficial Returns' List of All Investments
Beneficial Returns has a portfolio of 4 companies. Their most notable investments include Sistema and ATEC Biodigesters.Their portfolio spans across Mexico, Cambodia and Indonesia. They have invested in Environment Tech, Energy Tech, Energy and 2 other sectors, across stages such as Conventional Debt stage. Here is the list of all investments by Beneficial Returns:1. Sistema
Provider of biodigester technology that transforms animal waste into bioenergy. The technology enables farmers to generate thermal and mechanical energy from waste. This process improves livelihoods and establishes regenerative agriculture through organic fertilizer use. The company offers biodigesters with biogas technologies, including stoves, boilers, and engines.
Key facts about Sistema
- Founded Year: 2009
- Location: Mexico (Mexico)
- Stage: Series B
- Total Funding till date: $60.4M
- Employee Count: 378 as on May 31, 2026
- Investors: Triodos Investment Management, BNP Paribas Asset Management and 30 Others
- Latest Funding Round: Conventional Debt, Mar 19, 2026, $*****
- Highlight: Editors' Pick
Provider of biodigester systems for livestock waste management. These systems convert animal manure into biogas for cooking and organic fertilizer for crops. A payment plan is offered, allowing farmers to pay for the system over time while benefiting from cost savings on fuel and fertilizer. The systems are designed for ease of installation and maintenance, and include a stove and rice cooker. A warranty is provided.
Key facts about ATEC Biodigesters
- Founded Year: 2015
- Location: Phnom Penh (Cambodia)
- Stage: Series A
- Total Funding till date: $700K
- Employee Count: 157 as on May 31, 2026
- Investors: Beofor Capital, Beneficial Returns and 3 Others
- Latest Funding Round: Conventional Debt, Aug 15, 2019, $*****
Key facts about Nazava Water Filters
Key facts about Grupo Murlota
- Founded Year: 2006
- Location: Tlalpan (Mexico)
- Stage: Funding Raised
- Investors: Beneficial Returns
- Latest Funding Round: Conventional Debt, Dec 09, 2022, $*****
Beneficial Returns' Year-on-Year Investment Trends
Beneficial Returns has invested in 4 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Grupo Murlota and most recent follow-on round was in Sistema.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 1 | 2 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 1 | 0 | 1 |
Beneficial Returns' Investments by Stage
Beneficial Returns has made 4 investments in Conventional Debt stage with an average round size of $185K.Beneficial Returns' Investments by Sector
Beneficial Returns has a diverse portfolio, with companies operating in the Conglomerates, Energy, Energy Tech, Environment and Environment Tech. Notably, it has invested in 2 Consumer (B2C) companies, 1 Enterprise (B2B) company, 1 Social impact company and 1 company focusing on Tech.Sector | No. of Investments |
|---|---|
Conglomerates | 1 |
Energy | 1 |
Energy Tech | 1 |
Environment | 1 |
Environment Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Beneficial Returns' Investments by Geography
Beneficial Returns has made most investments in Mexico (2), followed by Cambodia where it has made 1 investment.Country | No. of Investments |
|---|---|
Mexico | 2 |
Cambodia | 1 |
Indonesia | 1 |
Note: We have considered here, only first round of investments
Beneficial Returns' recent investments
Beneficial Returns has not made any investment in 2026 so far.Here are the most recent investments by Beneficial Returns:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 09, 2022 | Mexico | Conventional Debt | 2371 | - | |
Jan 24, 2022 | Mexico | Series B | 8757 | [+15] | |
Aug 15, 2019 | Cambodia | Conventional Debt | 9542 | - | |
May 20, 2019 | Indonesia | Conventional Debt | 8629 | - | |
Mar 06, 2018 | Mexico | Conventional Debt | 2680 | - |
Team profile of Beneficial Returns
Beneficial Returns has a team of 1 member located in United States.Co-investors of Beneficial Returns
Over the past 8 years, 32 investors have co-invested in Beneficial Returns's portfolio companies. This includes only funds.
- Invested before Beneficial Returns: OPES-LCEF, Engie and 6 others have invested in rounds before Beneficial Returns. There are 2 companies where OPES-LCEF has invested before Beneficial Returns and 1 company where Engie has invested before Beneficial Returns.
- Invested after Beneficial Returns: A total of 24 investors have invested in Beneficial Returns's portfolio after their investments. Top Investors include Small Business Administration (1 company) and DILA Capital (1 company).
Recent News related to Beneficial Returns
•
•
•
