Patagonia, a US-based clothing retailer, has rebranded its corporate venturing fund from $20 Million & Change to Tin Shed Ventures.

Phil Graves (pictured), managing director of Tin Shed Ventures and a Global Corporate Venturing Powerlist 100 awardee for 2016, by email said the rebranding was needed as it had already “far surpassed the $20 million mark and invested in 12 portfolio companies since 2013 (when it won fund launch of the year at the GCV Awards).

These deals include California Safe Soil, which is creating organic fertiliser from unsold produce, NuMat Technologies, a materials technology company developing a…