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FUNDRAISING NEWS | January 09, 2025

Waterpoint Lane Makes Final Close on Debut Sustainability Fund

Tags: Venture Capital, Fundraising

Waterpoint Lane announced on January 7 the final close of its first sustainability fund, Waterpoint Lane Sustainability Fund I.

The agrifoodtech-focused venture capital and growth equity firm did not disclose how much the fund raised, but in an amended Form D filed in July 2024, the firm reported it had raised $3M from 29 investors against a target of $7.5M. Waterpoint said the fundraise garnered support from global investors, including premier family offices and high-net-worth individuals. Fund I will target growth-stage business-to-business companies utilizing technology to address critical challenges in food and agriculture.

Waterpoint Lane said the closing of the fund is an important milestone for its transformation as a full-scale investment manager.

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Written By: Dakota

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