Investing in early stage, scalable technologies that increase wild Pacific Salmon and Steelhead populations and/or resilience
 
 

Salmon Innovation Fund (SIF) is an early stage technology investment fund.

 

Our partners are the hundreds of organizations working to protect or rebuild wild Pacific salmon and steelhead populations.

 

We receive lists of problems and challenges from our partners, find early stage technology company's working to solve these challenges or problems, and invest in these early stage company's.

 

We expect our portfolio company's to ultimately exit outside of the fisheries industry, allowing for competitive returns to our investors.

What We Do

By pursuing things in this way:

  • Our partners get access to technology that greatly accelerates their existing efforts or makes possible new ways to pursue their mission;

  • Our technology investments get the chance to pilot their technology in a meaningful setting, and apply it to impactful environmental efforts;

  • Our LP’s get the chance to earn competitive returns from investments that benefit salmon and steelhead conservation

 

Why We Do It

Wild Pacific Salmon and Steelhead are the iconic species of the North American Pacific Rim (California to Alaska).  However, stocks have been reduced to a fraction of their historical levels, and in some cases, been completely wiped out.

This decline has materially impacted economies, communities, wilderness areas, food chains, water quality, soils, and culture across the North American Pacific Rim. Perhaps most importantly, allowing this decline to continue would strip us of a species that in many ways defines who we are as stewards of this unique part of the world.

Salmon Innovation Fund was created to provide the hundreds of organizations working to save these species with access to cutting edge technologies that make their efforts easier, cheaper, broader and more effective.

Our goal is simple…by arming these organizations with the best tools possible, we aim to increase populations where they are threatened (mostly lower 48) and increase resilience among those populations that so far have avoided large declines

(mostly Canada and Alaska.)

Ultimately, we live by the motto "more wild fish in more places"

Engage With SIF

There are two ways to engage with SIF.

 

Become A Partner

Becoming a SIF Partner is free to any organization whose goals align with ours, and requires no commitment.  Simply fill out the form below and list the problem or challenge you are facing.  If we can identify and invest in a technology that will help you solve your challenge, we will.  If not, we maintain relationships with a global network of foundations, government agencies, investors and entrepreneurs who may be able to help.

Suggest An Investment

If you are a company whose technology may solve a challenge being faced by wild Pacific Salmon or Steelhead, or if you know of such a company, please let us know by filling out the form below.  If you can attached a one page overview or Powerpoint, that really helps.

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Our Partners

We have over 100 "partners" and counting, organizations we interact with related to our mission.  Below are some examples. We applaud and support the efforts of any organization working towards increasing the population and resilience of wild Pacific salmon and steelhead throughout the North American Pacific Rim.

 

Syndicate Investments

SIF syndicate investments were created to allow individual investors to invest alongside Salmon Innovation Fund in early stage company’s.  SIF has evaluated and invested in each company offered for syndication, and each company aligns with SIF’s mission of supporting wild Pacific salmon and steelhead conservation.  You will have access to a summary report of SIF’s due diligence, and will receive quarterly updates on your syndicate investments.

Current Syndicate Investments Opportunities:

SIF Syndicate Terms

  • Investment Minimum: Depends on syndicate, but usually $5,000-10,000

  • Can accept funds from a “Self Directed” IRA

  • Must be an “Accredited Investor” based on US standards ($200,000 annual income for past two years if single/$300,000 if married or Net Worth greater that $1,000,000 excluding the value of your primary residence)

  • Each syndicate is its own unique entity

  • 75/25% split of proceeds after 100% return of capital to syndicate investors

  • All SIF syndicate investments have $100,000 minimums in the aggregate.  If syndicate minimum is not reached, capital will be returned.

  • Syndicates represent a passive ownership interest in a special purpose fund as opposed to a direct equity interest in the company, with SIF managing the special purpose fund and handling all company

 

Portfolio

 

Team

Team

Brock Mansfield, Managing Partner

Brock Mansfield has more than 20 years of experience managing Seattle and San Francisco early stage technology investing for a select clientele of high net worth family offices.  Notable recent exits include PitchBook (sold to Morningstar), Eden Rock (sold to Nokia), Torrent Technologies (sold to Marsh), Cleanscapes (sold to Recology), CSATS (sold to Johnson & Johnson), and Full Circle Farms (sold to Capay).

 

As an environmental investor, in addition to running Salmon Innovation Fund, he is founder of Envest (www.envest.earth), co-chair of CREO's Healthy Oceans and Sustainable Fisheries Investment Committee (www.creosyndicate.org), and a member of the Investment Committee for Blue Pipeline (www.bluepipeline.com).  He obtained his MBA from Stanford GSB.

"As a lifelong Pacific Northwest resident, I have a deep respect and appreciation for our wilderness, rivers, and oceans…and the salmon and steelhead that call them home for generations.  Given their role as an indicator species for the health of wilderness and water, a sustainable source of protein for a rapidly expanding population, and a key part of the regional economy, culture and identity of our great part of the world, wild salmon and steelhead are an iconic species I believe are worth fighting to save.  We are bringing early stage venture capital to that effort."

Advisory Board

Salmon Innovation Fund is fortunate to have the support of four Advisory Board members, each a dedicated, respected and active member of the wild Pacific Salmon and Steelhead conservation community.

Ian Dutton, Nautilus Investing

Ian founded Nautilus Impact Investing LLC in 2015 to increase returns from social investments. Nautilus is currently partnering with private investors, philanthropists, government, research and international development organizations on fisheries, agriculture, climate adaptation and indigenous community projects throughout the USA and globally.

 

Ian previously served in executive leadership roles with Rasmuson Foundation, the Alaska SeaLife Center, The Nature Conservancy and the University of Rhode Island. Ian holds a Ph.D. in geographical sciences from the University of Queensland.  He is an Adjunct Professor in the School of Fisheries and Ocean Sciences at the University of Alaska Fairbanks.

Pete Higgins, Partner, 2nd Avenue Partners

Pete is a founding partner of Second Avenue Partners, one of Seattle’s most experienced early stage investment groups.  Prior to Second Avenue, Mr. Higgins spent 16 years at Microsoft, where he was a member of the Office of the President, reporting to CEO Bill Gates. He was group vice president of the Interactive Media Group at Microsoft from 1996 to 1998, responsible for Microsoft’s online, consumer software, and hardware businesses.

 

Mr. Higgins is the chairman of SEEQ Corporation, a director of WISErg Corp, and former chairman of Market Leader (OTC: LEDR), Insitu Corporation, and Modumetal. Mr. Higgins was a founding member of the Hoh River Trust, and serves on the board of trustees for The Brookings Institution and the advisory board for the Woods Institute for the Environment. Mr. Higgins holds an MBA and undergraduate degrees in economics and history from Stanford University.

Rob Masonis, VP Western, Trout Unlimited

Based in Seattle, Washington, Rob is responsible for management of TU's five western conservation programs: Sportsmen's Conservation Project, Western Water, Western Restoration, Alaska and California. Prior to joining TU, he ran the Northwest office of American Rivers as its Senior Director. Rob received his undergraduate degree from Bucknell University, and law degrees from Boston College Law School and the University of Washington School of Law. He is an avid fly-fisher with a particular interest in the Pacific Northwest's wild steelhead.

Guido Rahr, CEO, Wild Salmon Center

Under Guido's leadership, Wild Salmon Center has developed scientific research, habitat protection and fisheries improvement projects in dozens of rivers in Japan, the Russian Far East, Alaska, British Columbia and the US Pacific Northwest, raising over $100 million in grants, establishing eight new conservation organizations, and protecting eight million acres of habitat including public lands management designations and eight new large scale habitat reserves on key salmon rivers across the Pacific Rim.

 

Before coming to the Wild Salmon Center, he developed conservation programs for Oregon Trout, the United Nations Development Programme, the Rainforest Alliance and Conservation International, and is a member of the World Conservation Union (IUCN) Salmon Specialist Group.

 

Contact Us

For general questions and inquires, please fill out the form to the right.

 

© 2018 by Salmon Innovation Fund.