Impact investment firm Waterpoint Lane, founded in 2021 and operating from Toronto and New York, has successfully closed its inaugural fund aimed at investing in growth-stage B2B tech companies within the food and agriculture sectors. While the size of the fund remains undisclosed, it attracted investments from family offices and high-net-worth individuals. The Waterpoint Lane Sustainability Fund I targeted $7.54 million, with fundraising beginning in June 2023 and achieving notable closings throughout the year. Co-managing partners Ben Gibbons and Meifan Shi emphasized the fund’s potential to drive innovation and create meaningful change in the global food system.