ImpactAlpha, November 3 — ReGen Ventures, Australian early-stage venture firm launched early last year, is looking for regenerative ventures aiming to reverse the impact of climate change.
Companies taking a regenerative approach go “beyond sustainability to actively reverse accumulated negative effects,” ReGen’s Dan Fitzgerald wrote on Medium. “Regeneration restores, heals and contributes additional value to ecosystems.”
ReGen’s first fund, which is targeting $50 million, received commitments from family offices and high-net-worth investors in the U.S. and Australia.
ReGen is targeting companies in food, regenerative products and materials and carbon. It will write checks from $250,000 to $3 million in at least 20 companies, Fitzgerald told ImpactAlpha. Its portfolio includes Hide Biotech, which produces cow leather from food waste; and Seqana, an AI-based satellite monitoring system for measuring soil carbon.