The 22 Fund

The 22 Fund is a growth equity and advisory firm located in Los Angeles, California, dedicated to enhancing the export capacity of Southern California manufacturing companies. The firm focuses on social impact and job creation, particularly targeting women- and minority-owned businesses. By investing primarily in technology-based manufacturing companies, as well as sectors such as healthcare, energy, and consumer products, The 22 Fund aims to foster economic development within the region. Its commitment to supporting minority and women entrepreneurs underscores its mission to create equitable opportunities in the marketplace while driving growth and innovation.

Tracy Gray

Founder and Managing Partner

7 past transactions

OpConnect

Venture Round in 2024
OpConnect, LLC is a technology company based in Portland, Oregon, focused on developing and supporting electric vehicle (EV) charging systems. Founded in 2005, the company offers a comprehensive electric vehicle charging solution that includes charging stations, a wireless communications network, and a cloud-based software platform. This platform facilitates payment processing, energy management, reservation systems, and maintenance tracking for charging stations. OpConnect not only sells and operates EV charging stations under contracts with station owners but also licenses its software to fueling solution providers globally, enabling them to establish their own charging networks. By providing turnkey EV fueling solutions, OpConnect aims to reduce greenhouse gas emissions through the electrification of transportation, while also enhancing the efficiency and profitability of charging station operations.

Sienna Naturals

Venture Round in 2023
Sienna Naturals is a clean beauty company dedicated to promoting hair and scalp health specifically for textured hair. The company offers a range of products, including hair cleansers, shampoos, conditioners, and hair oils, all formulated with lightweight natural ingredients that are free from synthetics and harsh chemicals. Sienna Naturals aims to transform hair care routines into indulgent self-care rituals, addressing the unique needs of women with kinks, curls, frizz, waves, and various textures. By focusing on nurturing and strengthening textured hair, Sienna Naturals provides the foundation necessary for healthy hair growth while ensuring that their ingredients are safe for both users and the environment.

OpConnect

Venture Round in 2023
OpConnect, LLC is a technology company based in Portland, Oregon, focused on developing and supporting electric vehicle (EV) charging systems. Founded in 2005, the company offers a comprehensive electric vehicle charging solution that includes charging stations, a wireless communications network, and a cloud-based software platform. This platform facilitates payment processing, energy management, reservation systems, and maintenance tracking for charging stations. OpConnect not only sells and operates EV charging stations under contracts with station owners but also licenses its software to fueling solution providers globally, enabling them to establish their own charging networks. By providing turnkey EV fueling solutions, OpConnect aims to reduce greenhouse gas emissions through the electrification of transportation, while also enhancing the efficiency and profitability of charging station operations.

Nature Coatings

Seed Round in 2023
Nature Coatings Inc. is a Los Angeles-based manufacturer specializing in the production of black bio pigments derived from wood waste. Founded in 2017, the company transforms this waste into sustainable pigments suitable for various applications, including textiles, cosmetics, and coatings. Their products are utilized in screen printing, rotary printing, digital inkjet printing, dope dye, airbrush techniques, resin casting, and wood coloring. Nature Coatings' pigments are designed to be compatible with existing manufacturing processes and water-based formulas, offering an eco-friendly alternative that does not fade or discolor under varying conditions. The company's innovative approach aims to foster a chemical industry that operates in harmony with nature.

Repurpose

Series B in 2023
Repurpose, Inc. is a consumer packaged goods company based in Los Angeles, California, founded in 2011. The company specializes in developing and manufacturing disposable and compostable tableware made from plants, offering products such as plates, cups, bowls, utensils, spoons, and forks. Repurpose emphasizes sustainability by providing plant-based alternatives to conventional plasticware, aiming to reduce environmental impact. Its product line caters to consumers and businesses alike, with items available for purchase online and through grocery and retail stores across the United States. The company is committed to innovation, with plans to expand its offerings to include additional compostable products like trash bags and sandwich bags, contributing to a cleaner and healthier world.

Lonca

Seed Round in 2023
Lonca is a marketplace focused on digitizing the wholesale fashion trade through its business-to-business e-commerce platform. The company curates a selection of clothing brands that embody distinct stories and values, allowing retailers to enhance their inventory with unique products. Lonca offers free shipping regardless of order size, which empowers small and medium businesses by providing them with access to the same advantages as larger companies in the international wholesale market.

Re-Nuble

Seed Round in 2021
Re-Nuble, Inc. is an agricultural technology company based in New York that specializes in producing bio-derived liquid fertilizers for hydroponic growers. Founded in 2011, the company employs organic cycling science technology to convert unrecoverable vegetative food byproducts into sustainable solutions for soilless farming. This closed-loop process not only transforms food waste into organic liquid nutrients but also reduces landfill waste and greenhouse gas emissions. Re-Nuble's products, which include liquid concentrate fertilizers designed for various growth phases, are available through retail stores and online in the Northeast and Mid-Atlantic regions. The company's mission is to support global agricultural communities by promoting environmentally friendly growing practices and providing affordable, peat-free alternatives to chemically-based fertilizers.
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