Deals

Athena Capital Seeks $500 Million for Investments in Mission-Driven Companies

  • Fund follows firm’s SPAC ventures that closed deals, stumbled
  • Seeks to invest in revenue-generating companies with growth
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Athena Capital, the firm founded by Isabelle Freidheim, is seeking to raise $500 million for an equity and debt capital fund.

The fund led by Freidheim, a venture capitalist and chair of three blank check firms, plans to invest in both private and public mission-driven companies, according to people with knowledge of the matter who asked not to be named discussing private information.