Regeneration.VC

Regeneration.VC invests at the early stage in consumer climate technology, applying circular and regenerative principles to the supply chains behind fashion, food, electronics, and personal care. The firm argues that humanity consumes roughly twice what the planet can regenerate each year, and that consumer industries, which drive a large share of global emissions and waste, have received far less climate capital than energy or mobility. It organizes investments across three strategies: design, covering next generation materials, agtech, and aquaculture; use, covering apparel, lifestyle, and food and beverage; and reuse, covering recommerce and reverse logistics. Founded by consumer operators Dan Fishman and Michael Smith rather than career investors, and advised by Leonardo DiCaprio and circular economy pioneer William McDonough, the firm closed a $45 million first fund in 2022 and has built a portfolio approaching 50 companies, including VitroLabs, Cruz Foam, Greyparrot, and Colorifix. A second fund targeting 150 million euros with anchor support from Invest-NL, plus the assumption of Sky Ocean Ventures' climate portfolio in 2025, anchor a growing European presence alongside the firm's Los Angeles base.

$45M, 2022 first fund close AUM 63/100 Power Score™ 2020 Founded Los Angeles, CA
Climate Consumer Sustainability Circular Economy
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Signature Exit

No confirmed public exit yet; the firm's notable positions remain private.

Key Partners & Leadership

Co-Founder and General Partner
Co-Founder and General Partner

Firm Timeline

2020
Dan Fishman and Michael Smith found Regeneration.VC to invest in consumer-powered climate innovation.
2022
The firm launches its $45 million inaugural fund with Leonardo DiCaprio as strategic advisor and limited partner.
2024
Invest-NL commits 5 million euros to Regeneration.VC Fund II, which targets 150 million euros.
2025
Regeneration.VC assumes management of Sky Ocean Ventures' climate portfolio and adds partners in Europe.