Grab Green Lands $2.5 Million Investment

Eco-friendly cleaning products developer Grab Green has received $2.5 million in a financing round from Stoneway Capital. The Camarillo company will use the money from Stoneway, in Provo, Utah, to expand marketing and worldwide sales of its products. Grab Green Chief Executive Michael Edell said the financing is a strong vote of confidence from Stoneway in the company’s future. “Their endorsement and the renewed support of our current investors sends a powerful message to our customers that Grab Green is committed to creating and delivering the world’s best household products without sacrificing our goal of doing good for the planet and our customers,” Edell said in a prepared statement. Grab Green was founded in 2006 by Edell and Patricia Spencer and develops non-toxic laundry, kitchen and glass cleaners and hand and body soaps that are sold at Ralphs, Whole Foods and Gelson’s Markets, among other retailers nationwide.