Tin Shed Ventures Puts Patagonia’s Money Where Its Mouth Is
Did you know that Patagonia – yes, that Patagonia – has a venture capital arm? If you didn’t, now you do.
Tin Shed Ventures is the VC arm of Patagonia, and it invests in startups that provide, or aim to provide, systemic and globally scalable solutions for the land, water, air, and biodiversity. The fund is behind companies you may know, such as Trove, a popular e-commerce platform that many brands (including Patagonia) use for resale, and BUREO, the company that converts plastic fishnets into consumer products (like the brims of all Patagonia’s hats).
The focus of Tin Shed Ventures is to support companies that can reduce the environmental impacts of Patagonia’s core apparel business. It invests a portion of Patagonia’s profits, so the fund has no outside investors, and it provides patient capital to give the businesses the time they need to grow.
In this podcast, Asha Asha Agrawal, Managing Director of Tin Shed Ventures, provides background on the fund, including investment criteria and how it seeks to generate returns that benefit both the planet and Patagonia’s business.
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The post Tin Shed Ventures Puts Patagonia’s Money Where Its Mouth Is appeared first on GearJunkie.
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