Ara Partners raises $400m

• Fund name: Ara Fund I
• Target size: $500 million
• Amount raised: $400 million
• Stage of fundraising: Final close
• Final close date: May 2020

Ara Partners held a final closing of Ara Fund I at $400 million. Capital raised by the vehicle will be used to invest in growth-stage companies throughout North America and Europe that contribute to the decarbonisation of the industrial industry.