After three years refining its nature tech thesis, Sand River eyes first fund

12 Oct 2026
06:00
Two family friends founded Sand River in 2022 on the idea that nature is often best protected by changing the industries that harm it.
Three years on from its first investment, the firm is preparing to raise its first fund.
We spoke to partner Ed Thorne about:
→ How Sand River weighs impact against returns in nature tech
→ What the last three years taught it about the market
→ What it takes to persuade LPs to back a first-time fund in a nascent category
Three years on from its first investment, the firm is preparing to raise its first fund.
We spoke to partner Ed Thorne about:
→ How Sand River weighs impact against returns in nature tech
→ What the last three years taught it about the market
→ What it takes to persuade LPs to back a first-time fund in a nascent category