United States
Ownership Economy | September 28, 2023
Vernier Science Education transitions to a perpetual purpose trust
ImpactAlpha, September 28 — Vernier Science Education, a textbook, software and lab equipment provider for K-12 science and technology education, is converting ownership …
Impact Muni Bonds | September 26, 2023
San Diego school bond targets green improvements and equitable access
Editorâs note: ImpactAlpha has partnered with HIP Investor to highlight upcoming bond issues with social and/or environmental significance. Disclaimer: Nothing in this post or on …
Photo credit: UH Manoa
Dealflow | September 18, 2023
$171 million bond for affordable student housing in Hawaii
Editorâs note: ImpactAlpha has partnered with HIP Investor to highlight upcoming bond issues with social and/or environmental significance. Disclaimer: Nothing in this post or on …
Photo credit: Florrent
Climate and Clean Tech | September 15, 2023
Deal spotlight: Florrent leans into the social impact of green materials
ImpactAlpha, September 15 â Investments in battery storage technologies are on pace to reach $40 billion, double last yearâs level. Alternative storage solutions, …
Inclusive Economy | September 12, 2023
Florrent raises $2.1 million to engage farmers of color in energy storage
ImpactAlpha, September 12 â How can farmers help âelectrify everythingâ? By growing more hemp. Massachusetts-based Florrent is developing ultracapacitors, a form of large-volume …
Muni Impact | September 11, 2023
Michigan issues $1.2 billion in bonds to rebuild roads and bridges
Editorâs note: ImpactAlpha has partnered with HIP Investor to highlight upcoming bond issues with social and/or environmental significance. Disclaimer: Nothing in this post or on …
Photo credit: Redwood Materials
Dealflow | September 1, 2023
Deal spotlight: Catalytic lending from the US Department of Energy
ImpactAlpha, September 1 â To grab the lead in climate innovation â and regain control of key technology supply chains â the Biden …
Investing in Health | August 23, 2023
Town Hall Ventures leads $60 million investment in cancer care provider Thyme Care
ImpactAlpha, August 23 â Nashville-based Thyme Care is building a network of oncology treatment and care providers to help lower-income, elderly or remote …
United States | August 21, 2023
Channel19 raises $2.7 million to digitize small trucking companies in the US
ImpactAlpha, August 21 â The US supply chain depends on small businesses: the more than 95% of trucking companies in the US operate …
Grapevine team. Image credit: Grapevine
Inclusive Economy | August 9, 2023
Giving platform Grapevine raises $1.9 million in equity and grants
ImpactAlpha, August 9 â New York-based Grapevine launched in 2017 to help individuals, businesses and communities fund causes they support. The platform facilitates …
Image credit: Navajo Power
Ownership Economy | July 24, 2023
Native-led Navajo Power leans into the just transition with community benefits and local jobs
ImpactAlpha, July 24 â Rapid development of new clean energy capacity may be whatâs needed amid an increasingly urgent climate crisis. But fast …
Low-carbon transition | July 20, 2023
Private equity giants rally behind O9 Solutionsâ sustainable supply chain software
ImpactAlpha, July 20 â Sustainability wasnât top of mind for Dallas-based O9 Solutions in 2009, when it launched its software to help large …
Photo credit: SiÄaĹÄĄu Co
Catalytic Capital | July 13, 2023
In Indian Country, Wolakota Buffalo Range provides lessons for indigenizing catalytic capital Â
ImpactAlpha, July 13 â It took five years of hard work for the SiÄaĹÄĄu LakĚota Oyate people to reestablish a 1,000-head buffalo herd …
Agrifood Tech | June 28, 2023
Joyful Ventures raises $23 million to invest in sustainable proteins
ImpactAlpha, June 28 â Joyful Ventures has raised $23 million of a targeted $25 million to invest in technologies that it believes will …
Photo credit: Change Labs
Return on Inclusion | June 20, 2023
Change Labsâ entrepreneurship hub opens doors for Navajo businesses
ImpactAlpha, June 20 â Extreme resource constraints and bureaucratic obstacles on tribal lands have stifled entrepreneurship and economic development in Indigenous communities. A …
Climate Finance | June 8, 2023
The Russell Family Foundation launches Food for Climate Solutions grant program
ImpactAlpha, June 8 â The Russell Family Foundation has launched a grant program to fund organizations in western Washington state that are supporting …
Photo credit: Charm Industrial
Climate Finance | June 7, 2023
Charm Industrial secures $100 million after inking corporate carbon purchase agreements
ImpactAlpha, June 7 â San Francisco-based Charm Industrial prevents the release of carbon dioxide by converting agricultural and agroforestry waste into bio-oil and …
Dealflow | June 1, 2023
Boeing inks deal to buy green hydrogen from Equatic
ImpactAlpha, June 1 â Los Angeles-based Equaticâs novel technology packs a one-two punch. It produces hydrogen from seawater via renewable-powered electrolysis. At the …
United States | May 31, 2023
Opportunity Zone investors bet $5 million on a Pennsylvania factory supporting the green building transition
ImpactAlpha, May 31 â In a previous career, John Wolfington redeveloped defunct factories and brownfield sites for residential and commercial use. Now, heâs …
Image credit: Quilt
Climate and Clean Tech | May 24, 2023
Lowercarbon Capital and MCJ Collective back Quiltâs heat pump designs
ImpactAlpha, May 24 â Sales of heat pumps in the US last year outpaced gas furnaces. Many systems come with installation challenges, however, …
Photo credit: Wyss Institute, Harvard University
Dealflow | May 23, 2023
Collaborative Fund offers up $15 million to ignite sustainable materials development at Harvard
ImpactAlpha, May 23 â Collaborativeâs network of investment fund managers has directed $1 billion into impact entrepreneurship. Another $200 million is going toward …
Inclusive Economy | May 23, 2023
Funders commit $10 million to combat Californiaâs housing crisis with community ownership
ImpactAlpha, May 23 â Nearly 30% of America’s homeless live in California. Among the stateâs extremely low-income households who are housed, nearly 80% …
Climate and Clean Tech | May 18, 2023
Tangible raises $3 million to help building developers measure and reduce climate impact
ImpactAlpha, May 18 â Real estate companies seeking to reduce their carbon footprints largely focus on operational carbonâhow much a building emits once …
Return on Inclusion | May 16, 2023
Illumen Capital raises $168 million second fund to fight bias in asset management
ImpactAlpha, May 16 â Recent economic volatility has pushed the share of global assets managed by women and people of color below an …
Photo credit: Switch
Green Infrastructure | May 15, 2023
CAI backs Switch as part of a $300 million initiative to green the digital economy
ImpactAlpha, May 15 â Computers, data centers and other assets supporting the worldâs growing digital appetite consume 10% of electricity worldwide. Sustainable investment …
Photo credit: Helion Energy
Dealflow | May 15, 2023
Microsoftâs off-take agreement with Helion signals fusion energy is within reach
ImpactAlpha, May 15 â The timeline for commercially-viable fusion energy took a leap forward with a commitment by Helion Energy to deliver fusion …
Photo credit: Pivot Energy
Climate and Clean Tech | May 10, 2023
Silicon Valley Bank keeps green project finance rolling under new ownership
ImpactAlpha, May 11 â When a bank run took down Silicon Valley Bank in March, the US government stepped in to ensure depositors …
Community Finance | May 4, 2023
Healthy Neighborhoods Equity Fund closes $42 million for inclusive real estate in New England
ImpactAlpha, May 4 â Boston-based environmental advocacy organization Conservation Law Foundation and Massachusetts Housing Investment Corp., a community development finance institution, raised $42 …
Photo credit: CoolIT
Return on Inclusion | May 4, 2023
KKR acquires CoolIT to advance both climate impact and worker ownership
ImpactAlpha, May 4 â The worldâs growing uses for data are creating an environmental problem: data centers consume a lot of energy. Preventing …
Gender Smart | May 3, 2023
Anthemis scores backing from Visa and BMO for women-focused fintech fund
ImpactAlpha, May 3 â Despite growing recognition of gender-based investing, the needle on how much women-led startups raise hasnât moved in years. In …
Dealflow | May 2, 2023
Cross-border processor Rev acquires online payments company Netspend to reach underbanked customers
ImpactAlpha, May 2 â Roy and Bertrand Sosa founded Netspend during the dot-com boom. Their innovation: prepaid debit cards. âWe thought, how are …
Dealflow | May 2, 2023
Calvert Impact crosses the $1 billion mark in retail sales of Community Investment Notes
ImpactAlpha, May 2 â It was no small feat in 1995 when Calvert Impact (then Calvert Foundation) launched an impact note available to …
Photo credit: Divert
Muni Impact | May 1, 2023
Green muni bond in California provides $63 million to waste-to-fuel provider Divert
ImpactAlpha, May 1 â Massachusetts-based Divert culls food waste from US-based food retailers and converts it to natural gas through anaerobic digestion. A …
Photo credit: Amp Robotics, a Congruent portfolio company
Climate Finance | April 19, 2023
Climate tech investor Congruent raises $300 million to help portfolio coâs scale
ImpactAlpha, April 19 â Congruent Ventures has cut pre-seed, seed and Series A checks for more than 60 companies since launching in 2017. …
Return on Inclusion | April 17, 2023
MassMutual invests $100 million in second Catalyst Fund for diverse founders
ImpactAlpha, April 17 â MassMutual launched its first Catalyst Fund in 2021 with $50 million to invest in diverse-led and rurally-based startups in …
Photo credit: Native Women Lead
Return on Inclusion | April 6, 2023
Native Women Lead secures backing from Comcast to finance Indigenous women-owned businesses
ImpactAlpha, April 6 â Indigenous women-owned businesses employed more than 61,000 people and generated $11 billion in revenues last year. Women are the …
Photo credit: SWOF
Dealflow | March 23, 2023
Pepsico commits $216 million to three organizations fostering regenerative agriculture in the U.S.
ImpactAlpha, March 23 â Pepsico has pledged to achieve net-zero carbon emissions by 2040 and to support the conversion of seven million acres …
Photo credit: Wheel the World
Dealflow | March 21, 2023
Wheel the World secures $6 million to make travel more accessible to people with disabilities
ImpactAlpha, March 21 â Wheel the World is a travel planning site aims to âmake the world accessibleâ for people with disabilities. âWe …
Dealflow | March 13, 2023
Accial Capital secures $35 million to finance women-led businesses in Latin America and Asia
ImpactAlpha, March 13 â Accial Capital provides debt to startups and financial institutions serving businesses and consumers. The Miami-based investment firm’s portfolio includes …
Photo credit: RenewWest
Climate Finance | March 8, 2023
Aspiration and One Small Planet back conservation venture RenewWest
ImpactAlpha, March 8 â Reforestation in California. Mangrove restoration in Mexico. Regeneration of mining land in Jamaica. Colorado-based RenewWest is vetting, developing and …
Image credit: Comun
Financial Inclusion | February 16, 2023
Spanish-language digital bank Comun secures $4.5 million from investors.
ImpactAlpha, February 16 â Nearly 10% of the Hispanic population in the U.S. is unbanked and 40% donât have a credit card or …
Dealflow | February 9, 2023
Therma secures $19 million to help companies manage cooling and refrigeration needs
ImpactAlpha, February 9 â Fluorinated gasses used for refrigeration are more potent greenhouse gasses than methane or CO2. One way to cut greenhouse …
Photo credit: Liminal
Dealflow | February 9, 2023
Liminal raises $17.5 million to help EV battery makers monitor and improve production
ImpactAlpha, February 9 â Global demand for lithium-ion batteries for electric vehicles and solar storage is forecast to grow more than 30% per …
Return on Inclusion | February 6, 2023
Ariel Alternativesâ secures $1.5 billion to build the pipeline of minority-owned suppliers
ImpactAlpha, February 6 â Black, Brown, Indigenous and other diverse-led businesses receive just 2% of Fortune 500 companies’ procurement spend, according to private …
Photo credit: ICA Growth Fund
Return on Inclusion | January 31, 2023
ICA Growth Fund backs four Black and Latinx businesses with âimpact notesâ
ImpactAlpha, January 31 â ICA Growth Fund supports small businesses while encouraging owners to prioritize social impact objectives. The Bay Area-based nonprofit accelerator …