Chicago-based multi-asset investment firm S2G Investments announced the final closing of its Solutions Fund I, raising $1 billion in commitments for the growth-stage investment fund targeting commercial solutions making food & agriculture, energy, and ocean systems more resilient and efficient.
According to S2G, the fund backs growth-stage companies, primarily in North America and Europe, that can improve efficiency across the core systems that power the world’s economy, from energy infrastructure and maritime transport to agricultural inputs and industrial electrification, while following a strategy that prioritizes businesses that strive to strengthen food and energy security and deliver positive environmental and human health outcomes.
S2G highlighted its focus on the interconnected sectors of food & agriculture, energy, and ocean systems, which represent $7 trillion in annual global trade and approximately 90% of global emissions reduction potential. The firm said that the new fund helps to address the “Missing Middle” financing gap between early-stage venture and infrastructure-scale capital for established businesses.
To date, the new fund has deployed $300 million across 10 investments, including maritime battery supplier Echandia, hybrid power generation and energy storage systems developer ANA, and energy utility software company Urbint.
S2G Managing Partner Aaron Rudberg said:
“This Fund expands our ability to provide the growth capital required to commercialize transformative technologies at a pivotal moment in the global economy. By investing at the seams where food, energy, and ocean systems intersect, we see opportunities to accelerate solutions that are both economically superior and more resilient than legacy models.”
