Raiven Capital Launches $100 Million Climatech Fund

Raiven Capital has launched Raiven Climatech (Fund RC), a $100 million fund to invest in early-stage startups developing digital infrastructure to address climate and sustainability challenges.  The new fund is anchored by Frog Lake First Nation.

Fund RC will invest in technologies that use artificial intelligence and the Internet of Things to reduce emissions, optimize resources, and enable real-time decision-making across sectors such as energy, manufacturing, mobility, and agriculture.

“The next generation of climate solutions will come from connected, data-driven platforms,” said Paul Dugsin, the general partner and co-founder of Raiven Capital. “We’re looking for founders building mission-critical systems with global potential—and we bring more than capital. Our global network and deep operational experience help accelerate scale.”

“We see venture capital as a tool to shape a future that aligns with our values,” said Cliffton Cross, a representative of FLFN. “Raiven uniquely understands that profitability and impact are not at odds—and empowers us to back technologies that are both investable and transformational.”

Founded in 2018 and headquartered in Toronto, Raiven Capital is a cross-border venture capital firm investing in early-stage companies at the intersection of artificial intelligence, the Internet of Things, and operational transformation. The firm also has locations in Palo Alto and Dubai.

Frog Lake First Nation (FLFN) is one of the first Indigenous organizations in North America to anchor a venture capital fund dedicated to climate technology and digital transformation.