The 22 Fund is a Los Angeles–based impact-focused early-growth investment firm that provides equity, debt and revenue-share capital to technology‑based, export‑oriented manufacturing companies led by women and BIPOC founders. Its stated mission is to create clean, quality manufacturing jobs, build intergenerational wealth in underserved and low‑ and moderate‑income communities, and scale climate‑aligned technologies while delivering market returns.
Typically supports policies that expand access to growth capital for diverse entrepreneurs, enable Community Reinvestment Act (CRA) and community capital investment into venture vehicles, promote clean manufacturing and climate technology, strengthen workforce development and living‑wage job creation in underserved communities, and advance export promotion and trade facilitation for U.S. manufacturers.
Capital is provided by limited partners including institutional investors, banks using CRA/community investment programs, foundations, and impact investors.
Founder and Managing Partner Tracy D. Gray; institutional limited partners and supporters have included Bank of America, BMO, City National Bank, Annie E. Casey Foundation, Sierra Club Foundation, Include Ventures and family foundation investors such as the Roy and Patricia Disney Family Foundation.
Private investment firm (impact venture capital / early‑growth private equity fund)
