Raiven Capital Launches $100M Climatech Fund Anchored by Frog Lake First Nation
- Editor
- May 1
- 1 min read
Whats Happening:
Raiven Capital, a cross-border venture firm, is launching Raiven Climatech, a $100M USD fund targeting high-growth startups building digital infrastructure to address global sustainability and climate challenges. The fund focuses on scalable, intelligent systems leveraging AI and IoT for real-time decision-making, resource optimization, and emissions reduction across various sectors.
Key Moves:
Raiven Capital launches $100M Climatech fund
Fund targets startups building digital infrastructure for sustainability
Frog Lake First Nation is the anchor investor
By The Numbers:
$100M USD fund size
200+ Indigenous-led clean energy projects operational or under development in Canada
Raiven has delivered multiple successful exits since 2020
Key Quotes:
"The next generation of climate solutions will come from connected, data-driven platforms," said Paul Dugsin, General Partner and Co-Founder of Raiven Capital.
"We see venture capital as a tool to shape a future that aligns with our values," said Cliffton Cross, FLFN representative.
"This partnership focuses on mobilizing capital, uncovering undervalued ideas, knowledge-transfer while delivering outsized returns," said Supreet Manchanda, General Partner at Raiven.
Bottom Line:
Raiven Capital's launch of the $100M Climatech fund, anchored by Frog Lake First Nation, represents a significant step in combining venture capital with Indigenous values to drive sustainable innovation. This partnership aims to commercialize Indigenous-led innovation and develop market-driven solutions in digital infrastructure and clean energy, potentially reshaping the landscape of climate technology investment.
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