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Raven Indigenous Outcomes Funds Announces $20.4 Million First Close of Initial Fund

Media Release

June 17, 2024

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Raven Indigenous Outcomes Fund I Announces $20.4M First Close

‍Raven Indigenous Outcomes Funds (RIOF) has announced the successful first close of its initial outcomes fund at $20.4 million. The fund offers investors a groundbreaking opportunity to support Indigenous-led climate and health initiatives through outcomes-based financing. Early projects include geothermal installations and diabetes prevention programs, demonstrating the model's transformational potential. With strong backing from Canadian and U.S. impact investors, RIOF is reshaping the future of Indigenous investment.