Impact Tech
Photo credit: NAACP.
Climate and Clean Tech | July 29, 2021
Elevate Future Fund raises more than $60 million for diverse founders of climate startups
ImpactAlpha, July 29 — New York-based Energy Impact Partners is supplementing its strategy of enlisting corporate partners to invest in energy-transition technologies. The …
Squire's co-founders, Songe LaRon and Dave Salvant. Photo credit: Squire.
Dealflow | July 29, 2021
Squire scores $80 million to help barbershops manage their businesses
ImpactAlpha, July 29 — The New York-based company’s software helps over 2,000 barbershop owners in North America and the U.K. with online scheduling …
Photo credit: Class Technologies.
Dealflow | July 29, 2021
Class Technologies bags $105 million to improve virtual learning on Zoom
ImpactAlpha, July 29 — COVID-19 accelerated demand for educational technology to respond to social distancing and school closures. Class is taking Zoom up …
Yoco's founders | Photo credit: Yoco.
Africa | July 28, 2021
South African fintech Yoco raises $83 million for small-business lending
ImpactAlpha, July 28 — The Cape Town-based platform provides digital payments and other financial services to more than 150,000 small business owners in …
Hank Paulson (TPG Rise Fund) and Mark Carney (Brookfield) | Photo credits: Getty / EPA
Climate and Clean Tech | July 27, 2021
TPG Rise ($5.4 billion) and Brookfield ($7 billion) raise the stakes for climate funds
ImpactAlpha, July 27 – The funds from TPG Rise and Brookfield represent a step-change for climate funds in both size and scale of institutional …
Photo credit: NotCo.
2030 Finance | July 27, 2021
Chilean plant-based food producer NotCo raises $235 million
ImpactAlpha, July 27 — The Santiago-based company created Giuseppe, which uses artificial intelligence to identify plant-based ingredients as substitutes for animal-based products. Its …
Photo credit: Rivian.
2030 Finance | July 27, 2021
Rivian rakes in $2.5 billion to commercialize electric pickups and SUVs
ImpactAlpha, July 27 — The Irvine, Calif.-based company plans to deliver its electric pickup trucks and SUVs to customers this fall and is …
Photo credit: PowerGen
Africa | July 26, 2021
CrossBoundary backs PowerGen to develop mini-grids in Nigeria
ImpactAlpha, July 26 – Nairobi-based PowerGen has developed three megawatts of small-scale distributed energy projects serving 20,000 people in Africa. The investment from …
Image credit: Nobell Foods Instagram (screenshot)
Agrifood Tech | July 23, 2021
Deaflow spotlight: Agrifood megadeals
ImpactAlpha, July 23 – Breakthrough biotech research is driving eight- and nine-digit investments in alternatives to high-carbon food production. Plant-based cheesemaker Nobell Foods, an …
Asia | July 22, 2021
LeapFrog leads $75 million raise for India-focused health app HealthifyMe
ImpactAlpha, July 22 – Singapore-based HealthifyMe’s AI-based wellness app provides nutrition and fitness advice, coaching and tracking. The app has 25 million downloads …
Photo credit: Sori Lakeside Hospital.
Africa | July 22, 2021
Medical Credit Fund’s digital finance fund secures $8.3 million to support Africa’s health clinics
ImpactAlpha, July 22 — The Nairobi-based nonprofit has provided nearly $130 million in debt financing for equipment and facilities to more than 6,000 …
Catalytic Capital | July 21, 2021
Breakthrough Energy planning “blended finance” fund to marshal billions for next-gen climate tech
ImpactAlpha, July 21 – The billionaire-backed Breakthrough Energy is preparing a blended finance fund to catalyze billions of dollars of investment to scale …
Photo credit: Camus Energy.
Clean Energy | July 21, 2021
Camus Energy secures $16 million to help utilities manage low-carbon electric grids
ImpactAlpha, July 21 — The San Francisco startup, launched by ex-Google engineers, uses AI- and machine learning to help local utilities and energy …
Clean Energy | July 19, 2021
Generate raises $2 billion amid sustainable infrastructure push
ImpactAlpha, July 19 – Project finance is in hot demand as corporations, governments and other organizations scramble to green their operations. That’s fueling …
Photo credit: Pivot Bio.
Agrifood Tech | July 19, 2021
Pivot Bio rakes in $430 million to replace synthetic nitrogen in agriculture
ImpactAlpha, July 19 — Berkeley, Calif.-based biotech company Pivot Bio wants to make corn, wheat and rice – the world’s three biggest cereal …