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 solve global sustainability and climate challenges. The fund is anchored by Frog Lake First Nation (FLFN), marking a significant partnership that mobilizes First Nation capital in the venture capital space.
Key Moves:
Raiven Capital launches $100M Climatech fund
Frog Lake First Nation is the anchor investor
Fund focuses on AI and IoT-driven climate solutions
By The Numbers:
$100M USD fund size
200+ Indigenous-led clean energy projects operational or under development in Canada
Raiven has hubs in Silicon Valley, Toronto, and Dubai
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 climate 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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