The 22 Fund
1855 Industrial Street, Suite 422, Los Angeles, CA, 90021, USA
Overview
The 22 Fund is a growth equity and advisory firm focused on increasing the export capacity of Southern California companies. 22 Fund is a social impact, growth venture capital and advisory firm with a job creation mission to increase the export capacity of Southern California manufacturing companies, targeting women- and minority-owned businesses.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Financial Services
Investment portfolio
- Nature Coatings
Led · Seed · Aug 2023
Nature Coatings is a Los Angeles biochemicals startup led by CEO and founder Jane Palmer. Its flagship product, BioBlack TX, is a carbon-negative alternative to petroleum-derived carbon black that contains non-detected PAHs and carcinogens and is cost-competitive. BioBlack TX is certified by FSC®, OEKO-TEX®, USDA BioPreferred and listed on ZDHC Gateway 3.0, supporting sustainability and responsible sourcing. The company raised $2.45M in funding led by Regeneration.VC and The 22 Fund, with participation from Leonardo DiCaprio, Safer Made, and Portfolia. Nature Coatings plans to use the funds to expand manufacturing capacity, strengthen its senior team, and build a global distribution network to accelerate BioBlack TX adoption. The company focuses on transforming waste into bio-based materials to aid decarbonization and stay ahead of regulations.
Team
Tracy Gray
Founder and Managing Partner
LinkedIn