Obvious Ventures Secures $360M Fund Five, Reinforcing Commitment to Holistic Impact Investments
Obvious Ventures' Fifth Fund Signals Deepened Commitment to Systemic Change
San Francisco-based Obvious Ventures, a venture capital firm known for its focus on "world-positive" investments, has successfully closed its fifth fund, raising precisely $360,360,360. This distinctive figure is not arbitrary; it symbolizes the firm's unwavering dedication to a 360-degree view of planetary, human, and economic health, which forms the bedrock of its investment thesis.
Since its inception 12 years ago, Obvious Ventures has carved a niche in the impact investing landscape, backing companies that address critical global challenges while also demonstrating strong financial viability. The firm's approach integrates environmental sustainability, social equity, and economic prosperity into a singular, interconnected strategy, seeking to generate both significant returns and measurable positive impact.
The "World-Positive" Investment Philosophy
Obvious Ventures operates under the conviction that the most successful businesses of the future will be those that actively contribute to a healthier planet and society. Their portfolio spans various sectors, including sustainable food systems, clean energy, healthcare innovation, and responsible consumer products. This broad scope reflects their belief in systemic change, where progress in one area often positively influences others.
The $360 million fund will continue to support early-stage companies aligned with this "world-positive" mission. The firm's due diligence extends beyond traditional financial metrics to assess a company's potential for tangible environmental and social benefit, ensuring alignment with their core values and the overarching goal of a holistic, sustainable future.
Significance of the Fund's Scale and Symbolism
The closing of Fund V at this specific amount is a powerful statement. It not only provides substantial capital to further Obvious Ventures' mission but also reinforces its brand identity as a firm deeply committed to its principles. In an increasingly crowded venture capital market, this deliberate symbolism helps distinguish Obvious Ventures as a thought leader in impact investing, attracting both visionary entrepreneurs and like-minded limited partners.
This latest fund solidifies Obvious Ventures' position as a key player in the evolving landscape of sustainable finance, demonstrating that purpose-driven investing can achieve significant scale and influence within the broader economy.
Summary
Obvious Ventures has successfully closed its fifth fund at a symbolic $360,360,360, reflecting its core philosophy of investing in companies that promote planetary, human, and economic health from every angle. This 12-year-old firm continues to champion "world-positive" businesses, providing crucial capital to innovators aiming for systemic change across diverse sectors. The distinctive fund size underscores the firm's deep commitment to its mission, further establishing its leadership in the impact investing sphere.
Resources
- ImpactAlpha (Various articles on Obvious Ventures' funding rounds and impact investing)
- Crunchbase (Company profile for Obvious Ventures, detailing funding rounds and portfolio)
- Official Obvious Ventures Website (Mission, portfolio, and news releases)
Details
Author
Top articles
You can now watch HBO Max for $10
Latest articles
You can now watch HBO Max for $10
Obvious Ventures' Fifth Fund Signals Deepened Commitment to Systemic Change
San Francisco-based Obvious Ventures, a venture capital firm known for its focus on "world-positive" investments, has successfully closed its fifth fund, raising precisely $360,360,360. This distinctive figure is not arbitrary; it symbolizes the firm's unwavering dedication to a 360-degree view of planetary, human, and economic health, which forms the bedrock of its investment thesis.
Since its inception 12 years ago, Obvious Ventures has carved a niche in the impact investing landscape, backing companies that address critical global challenges while also demonstrating strong financial viability. The firm's approach integrates environmental sustainability, social equity, and economic prosperity into a singular, interconnected strategy, seeking to generate both significant returns and measurable positive impact.
The "World-Positive" Investment Philosophy
Obvious Ventures operates under the conviction that the most successful businesses of the future will be those that actively contribute to a healthier planet and society. Their portfolio spans various sectors, including sustainable food systems, clean energy, healthcare innovation, and responsible consumer products. This broad scope reflects their belief in systemic change, where progress in one area often positively influences others.
The $360 million fund will continue to support early-stage companies aligned with this "world-positive" mission. The firm's due diligence extends beyond traditional financial metrics to assess a company's potential for tangible environmental and social benefit, ensuring alignment with their core values and the overarching goal of a holistic, sustainable future.
Significance of the Fund's Scale and Symbolism
The closing of Fund V at this specific amount is a powerful statement. It not only provides substantial capital to further Obvious Ventures' mission but also reinforces its brand identity as a firm deeply committed to its principles. In an increasingly crowded venture capital market, this deliberate symbolism helps distinguish Obvious Ventures as a thought leader in impact investing, attracting both visionary entrepreneurs and like-minded limited partners.
This latest fund solidifies Obvious Ventures' position as a key player in the evolving landscape of sustainable finance, demonstrating that purpose-driven investing can achieve significant scale and influence within the broader economy.
Summary
Obvious Ventures has successfully closed its fifth fund at a symbolic $360,360,360, reflecting its core philosophy of investing in companies that promote planetary, human, and economic health from every angle. This 12-year-old firm continues to champion "world-positive" businesses, providing crucial capital to innovators aiming for systemic change across diverse sectors. The distinctive fund size underscores the firm's deep commitment to its mission, further establishing its leadership in the impact investing sphere.
Resources
- ImpactAlpha (Various articles on Obvious Ventures' funding rounds and impact investing)
- Crunchbase (Company profile for Obvious Ventures, detailing funding rounds and portfolio)
- Official Obvious Ventures Website (Mission, portfolio, and news releases)
Top articles
You can now watch HBO Max for $10
Latest articles
You can now watch HBO Max for $10
Similar posts
This is a page that only logged-in people can visit. Don't you feel special? Try clicking on a button below to do some things you can't do when you're logged out.
Example modal
At your leisure, please peruse this excerpt from a whale of a tale.
Chapter 1: Loomings.
Call me Ishmael. Some years ago—never mind how long precisely—having little or no money in my purse, and nothing particular to interest me on shore, I thought I would sail about a little and see the watery part of the world. It is a way I have of driving off the spleen and regulating the circulation. Whenever I find myself growing grim about the mouth; whenever it is a damp, drizzly November in my soul; whenever I find myself involuntarily pausing before coffin warehouses, and bringing up the rear of every funeral I meet; and especially whenever my hypos get such an upper hand of me, that it requires a strong moral principle to prevent me from deliberately stepping into the street, and methodically knocking people's hats off—then, I account it high time to get to sea as soon as I can. This is my substitute for pistol and ball. With a philosophical flourish Cato throws himself upon his sword; I quietly take to the ship. There is nothing surprising in this. If they but knew it, almost all men in their degree, some time or other, cherish very nearly the same feelings towards the ocean with me.
Comment