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Can you profit off nature without destroying it? These venture capitalists are betting on it.

A diver spears an invasive lionfish off the coast of Fort Lauderdale, Florida, in summer 2012. A new company called Inversa makes leather out of invasive species, including lionfish. | Jason Arnold/Associated Press If you’ve ever wanted to buy sandals made with leather from invasive lionfish, I’ve got some good news — you can! A clothing and gear company called Grundéns is now selling flip-flops with a “panel” of scaly lionfish leather. The leather itself is made by a Miami-based startup called Inversa that produces the material from a number of invasive species, including Burmese py...