- Fund name: Ara Fund I
- Target size:Â $500 million
- Amount raised:Â $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.