Raiven Capital, a cross-border venture firm known for its AI and IoT investments, announced the launch of Raiven Climatech, a $100 million fund targeting startups building digital infrastructure to solve global sustainability and climate challenges.
Raiven Climatech builds on a successful early-stage investment record merging deeptech with market-ready applications. And the fund focuses on scalable, intelligent systems, utilizing AI and IoT to enable real-time decision-making, resource optimization, and emissions reduction across many sectors – energy, manufacturing, mobility, and agriculture.
A major differentiator of Raiven Climatech is its anchor investor: Frog Lake First Nation (FLFN). And this partnership mobilizes First Nation capital in the VC space, aligning a shared vision of building commercially successful, future-focused businesses that deliver environmental and economic outcomes.
Raiven’s Climatech Fund works as a platform to commercialize Indigenous-led innovation. It combines traditional knowledge systems, such as two-eyed seeing, with frontier technologies to develop practical, market-driven solutions in digital infrastructure and clean energy innovation.
Raiven’s approach to climate innovation is a fundamental re-platforming of global industry. The most valuable companies of the next decade will be those that turn AI and IoT-powered sustainability into defensible, high-margin business models.
KEY QUOTES:
“The next generation of climate solutions will come from connected, data-driven platforms. 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.”
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. Raiven uniquely understands that profitability and impact are not at odds—and empowers us to back technologies that are both investable and transformational.”
Cliffton Cross, FLFN representative
“Frog Lake First Nation approached us as they saw the results from our first tech fund—and wanted to co-create a more ambitious future. This partnership focuses on mobilizing capital, uncovering undervalued ideas, knowledge-transfer while delivering outsized returns.”
Supreet Manchanda, General Partner at Raiven
