iF, A Foundation for Radical Possibility

About the fund

In 2015, DBL partnered with Ira Ehrenpreis, who led the clean tech practice of Technology Partners, to found DBL Partners and successfully raise a $400M impact fund. At the time, it was one of the largest impact investing funds in the venture capital asset class. The fund expanded DBL's reach significantly both in capital and geographic scope, investing nationally in private growth companies across clean tech, information technology, sustainability-oriented products and services, and healthcare. DBL's approach bets that companies solving sustainability challenges are well-positioned to generate strong financial returns, with an emphasis on low-carbon companies taking advantage of market dislocations through industry-changing innovations. Notable Fund III investments include SpaceX's Series J round, where DBL was a lead investor.