Community Development Venture Capital Alliance

08/20/2025 | Press release | Archived content

Industry News: $8M Fundraised for The 22 Fund

Industry News: The 22 Fund, a community development venture capital fund based in Los Angeles, has announced additional investments of $5 million from BMO Bank N.A. and $3 million from City National Bank, which joined such investors as the Annie E. Casey Foundation and Bank of America in the fund. Fundraising for this fund is now closed. The 22 Fund invests in innovative, climate-tech manufacturing companies to increase international sales and create clean, high-quality jobs of the future in underserved and low-income communities. To learn more, visit the22fund.com.

Community Development Venture Capital Alliance published this content on August 20, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 02, 2026 at 09:28 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]