Sydney – Global law firm K&L Gates has advised ReGen Ventures on the establishment of its debut fund, ReGen Ventures Fund 1. The fund has been established to invest in early-stage regenerative technology companies that harness breakthrough technology, business model innovation and resource reimagination to solve our planet’s most pressing resource challenges, with the potential to create and scale ‘net positive’ impacts to the planet and humanity, radically transforming our world for the better.
Dan Fitzgerald, Managing Partner of ReGen Ventures said of the transaction: “We are very pleased to have this support from our investors. Investing in regenerative technologies will radically change the world for the better and generate enormous value now and for future generations.”
The K&L Gates team was led by Sydney asset management and investment funds partner Kane Barnett assisted by associate Alice Ye with U.S. partner Todd Gibson and associate Kat Miller supporting on U.S. regulatory matters. Sydney based corporate partner Daniel Atkin has advised ReGen Ventures on its investments.
Barnett commented: “We are proud to work with the ReGen Ventures team on this new venture capital fund, as it merges early stage investing with impact investing. It is a stunning outcome for ReGen Ventures to have such strong fundraising for its first fund in the challenging COVID-19 environment that shows how the investment thesis resonated with investors in Australia and offshore.”