The 22 Fund
Impact investorGrowth · 6 people tracked
Investment thesis
The 22 Fund targets the 'equity gap' facing U.S. manufacturing and exporting companies, which show higher survival rates and resilience but struggle to scale due to financial constraints. It intentionally invests in women- and BIPOC-owned/managed clean-tech manufacturing firms that are export-ready, aiming to deliver high risk-mitigated returns while creating quality jobs and advancing social and economic impact. Target companies are typically growth-stage with commercialized products, experienced management, proprietary technology or brands, operations in low-and-moderate-income areas, low technology risk, defensible market positions, and profitable operating histories.
Source: firm website, verified Aug 11, 2026.
Team · 6 people
from the firm's websiteFrequently asked questions
- What stage does The 22 Fund invest at?
- The 22 Fund invests at the Growth stage.
- What sectors does The 22 Fund focus on?
- The 22 Fund focuses on Advanced Manufacturing, Cleantech, Climate Tech, Deep Tech, Energy, Hardware, Impact & Social Good, New Materials.
- Does The 22 Fund lead rounds?
- The 22 Fund typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the team#OHUBNext Masterclass: The 22 Fund's Tracy Gray - YouTube
Opportunity Hub · Tracy Gray
Podcast E010 | Tracy Gray of The 22 Fund - YouTube
Female VC Lab · Tracy Gray
Tracy Gray --The 22 Fund - YouTube
LA Venture · Tracy Gray
Images
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