Inclusive Economy
WIC Capital portfolio company E-Cover, which recycles used tires
Climate Finance | February 9, 2021
Mapping the climate edge for gender investors – and vice versa
ImpactAlpha, February 9 – A women-led, women-backed investment fund in Dakar, Senegal is getting an environmental bonus from the women entrepreneurs it supports. A …
Dealflow | February 9, 2021
Ada Ventures invests £2.5 million in Tickr to expand retail impact investing in Europe
ImpactAlpha, February 9 — Tickr’s app allows users to invest as little as £5 ($7) in companies expanding access to education, clean water, …
Community Finance | February 9, 2021
Big companies back small businesses and the community development financiers that serve them
ImpactAlpha, Feb. 9 – Small businesses got a boost from Alicia Keys’ post-Super Bowl concert, sponsored by Verizon, which committed $10 million in …
Agrifood Tech | February 8, 2021
Online grocer Good Eggs raises $100 million to deliver fresh food and good jobs
ImpactAlpha, February 8 – San Francisco-based grocery delivery company Good Eggs says it’s committed both to local growers and to good jobs that …
Asia | February 4, 2021
Temasek’s ABC World Asia backs Vietnamese oral health provider Kim Dental
ImpactAlpha, February 4 — Singapore-based private equity impact fund ABC World Asia, launched by Temasek in 2019, led a $24 million financing round …
Asia | February 4, 2021
Frontier Nutrition snags $6 million to bring fortified snacks to Bangladesh
ImpactAlpha, February 5 — New Haven, Conn.-based Frontier Nutrition sells low-cost, nutritious snacks, including lentil butter, chocolate, powdered drinks and biscuits in over …
Dealflow | February 2, 2021
Arlan Hamilton opens Backstage Capital to retail investors
ImpactAlpha, Feb. 2 – Move over GameStop (and silver). More than a thousand retail investors piled into a venture capital firm backing people …
Dealflow | February 2, 2021
Suma acquires Mexican business tech venture Bind ERP
ImpactAlpha, February 2 — Monterrey, Mexico-based Bind ERP has helped digitize more than 6,000 small businesses in Mexico. London, U.K.-based Suma SaaS Holdings …
Photo credit: Chan Zuckerberg Initiative
Billionaires | February 1, 2021
Chan Zuckerberg Initiative spins off criminal justice reform activities
ImpactAlpha, February 1 – Chan Zuckerberg Initiative, the mission-focused company launched by Facebook founder Mark Zuckerberg and his wife Priscilla Chan, is allocating $350 …
Community Finance | January 28, 2021
Digital workflow platform ServiceNow launches $100 million racial equity fund
ImpactAlpha, January 28 — ServiceNow has launched a $100 million Racial Equity Fund to invest in “homeownership, entrepreneurship and neighborhood revitalization in Black …
Photo by matthaeus on Unsplash
Entrepreneurship | January 28, 2021
Impact Beacon helps entrepreneurs shine light on their impact stories
A free tool from City Light Capital guides entrepreneurs to illuminate their social impact in investor pitch decks and marketing materials. For example, …
bank-of-america | January 28, 2021
Bank of America places $150 million with minority-led fund managers
ImpactAlpha, January 28 — Bank of America is backing 40 minority-led fund managers to bridge the funding gap for Black, Latinx, women and …
Photo credit: Shoegaro
Catalytic Capital | January 27, 2021
Upaya Social Ventures supports ‘good jobs’ in India with four investments
ImpactAlpha, January 27 – Seattle-based Upaya Social Ventures invests in small and growing businesses creating dignified jobs for underserved Indians. It closed four convertible …
Africa | January 27, 2021
DFC guarantees Cordaid to spur lending in Africa’s Sahel
ImpactAlpha, January 27 – The U.S. International Development Finance Corp. approved a $14.8 million loan portfolio guarantee for Cordaid Investment Management. The commitment is …
Dealflow | January 26, 2021
Citi Impact Fund backs Black, female and veteran founders
ImpactAlpha, January 26 — Citi Impact Fund launched last year to invest in companies addressing workforce development, financial inclusion and sustainable energy and …