Hatch Fund secures investment from Mountain Lion Ventures

Hatch, the centre of gravity for all things startup in Sri Lanka has scored another first, welcoming on board Mountain Lion Ventures – a Sri Lanka Focused build up & scale up investment vehicle, as an investor into the Hatch Fund to provide startups with seed funding and bridge capital. This is a real testament to the visibility Hatch has into the local startup ecosystem and their ability to identify globally scalable startups through the multitude of incubator and accelerator programs they run.

As an established ecosystem enabler, Hatch identified funding and market access as the most common barriers for local entrepreneurs, particularly female entrepreneurs looking to ideate, prototype and scale their startups. Mountain Lion ventures, a globally established venture capital firm investing into the Hatch fund helps to overcome both barriers faced by Sri Lankan startups.

The Hatch fund constitutes an ESG fund – HERCapital and MoonShot ventures. The former being Sri Lanka’s first Gender Smart Venture Capital fund and the latter, being a tech fund to encourage disruptive innovations in products, technology and business models.

Under the leadership of Chairman, Advisory Board – Dr Cornelius Boersch, General Partner – Asad Sultan, General Partner – Love Yadav and Venture Partner – Jorge Perez Garcia, Mountain Lion Ventures has successfully launched locally developed tech ventures geared for a modern market across digital transformation and clean tech space