2025 Silent Capital Report now available. Where family offices and LPs are actually deploying. [Download for free →]
About usSign in

Spring Innovation Fund

Status
ACTIVE
Global HQ
San Francisco, United States
Countries of investment
  • United States
Investment stages
  • Pre-Seed
  • Seed
Industries
  • Animal Welfare Tech
  • AgTech
  • Biotech
  • Robotics
  • Computer Vision
  • Food & Agriculture
About
Spring Innovation Fund is a San Francisco-based venture philanthropy firm focused on backing welfare tech founders. Their focus spans animal welfare, AgTech, biotech, robotics, and computer vision across the United States. The firm supports welfare tech founders from pre-seed through seed stages.
Min check size
$500K
Max check size
$2M
Fund size
NPS

Investment Thesis

Spring Innovation Fund is a pre-seed and seed stage venture capital firm deploying capital across animal welfare tech, AgTech, and biotech sectors. They invest in welfare tech that improves living conditions for billions of farmed animals while delivering commercial returns. The firm differentiates itself as the first venture philanthropy studio dedicated to welfare tech with an evergreen nonprofit model.
Lead investor
Co Invest
Number of exits
Preferred contact method

Manager's Experience

Co-founded by Eitan Fischer (Founder of Mission Barns and long-time Effective Altruism community member), Nate Crosser (former Blue Horizons principal), and Milo Runkle (co-founder of Good Food Institute, New Crop Capital, and Joyful Ventures). The team combines a decade of experience in alternative protein and animal welfare with venture philanthropy expertise. Structured as a 501(c)(3) nonprofit with an evergreen model.

Team

Eitan Fischer - Co-founder

Nate Crosser - Co-founder

Milo Runkle - Co-founder

Fund number
Year Founded
Vintage Year
Net Internal Rate of Return
Investment Multiple
Capital Allocation
Management Fee
Carried Interest
AUM
Follow-on Investments
Graduation Rate
Write-Off Ratio
Last profile update timestamp