The $20 Million & Change fund will invest between $500,000 and $5m for minority and/or majority stakes in early-stage companies that have at least $1m in revenue or value.
Patagonia, a US-based clothing retailer, has launched a $20m corporate venturing fund to back companies that share its environmental values in five areas: clothing, food, water, energy and waste.
The $20 Million & Change fund will invest between $500,000 and $5m for minority and/or majority stakes in early-stage companies that have at least $1m in revenue or value.
Portfolio companies will also have help in sourcing materials, manufacturing, and selling products.
Rose Marcario, former chief operating officer of Patagonia and who will head the fund,…
