Return on Inclusion
Bitwise founders Jake Soberal and Irma Olguin Jr.
Dealflow | February 24, 2021
Bitwise Industries raises $50 million to go national with its model for inclusive tech ecosystems
ImpactAlpha, February 24 — Before the growth of Bitwise Industries, few would have mistaken Fresno, California, for a tech hub, even though the …
Dealflow | February 18, 2021
Carlyle Group secures ESG-linked credit tied to board diversity goals
ImpactAlpha, February 18 — Carlyle Group has secured a $4.1 billion line of credit from a consortium led by Bank of America. The …
Photo credit: Reach Capital
Dealflow | February 17, 2021
Reach Capital closes $165 million fund for edtech startups
ImpactAlpha, February 17 — Reach Capital has raised $165 million for its latest fund to invest in early stage edtech companies. Reach Capital …
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 …
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 …
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 …
Dealflow | January 12, 2021
Black-led real estate firm East Chop Capital closes $4 million fund
ImpactAlpha, January 12 — Columbus, Ohio-based East Chop Capital, founded by a pair of Black real estate investors and developers, has rallied Black …
Photo credit: Superpedestrian
Dealflow | January 6, 2021
Immigrant-focused One Way Ventures closes second fund
ImpactAlpha, January 6 – One Way Ventures, which cuts checks of up to $1 million to immigrant-founded startups, raised $57.5 million for its second …
Scenes from the Party to the Polls in Brunswick, GA | Michael Scott Milner
Civic Tech | January 5, 2021
How Georgia’s civic mobilization is rallying local efforts to close the racial wealth gap
ImpactAlpha, Jan. 5 – The impact of the massive voter education effort in Georgia may last well beyond today’s runoff election for two seats …
Dealflow | December 21, 2020
Schroders and Big Society Capital raise £75 million for public ‘social investment trust’
ImpactAlpha, December 21 – Investment trusts in the U.K. are publicly listed companies that invest in other companies. British investment firm Schroders has …
Dealflow | December 17, 2020
ConsejoSano secures $17 million to improve healthcare for vulnerable communities
ImpactAlpha, December 17 — Black and Latino Americans are hospitalized with COVID-19 at nearly five times the rate of white Americans. L.A.-based ConsejoSano …
Adasina's Rachel Robasciotti
Dealflow | December 15, 2020
Adasina launches ETF of public equities screened for social justice values
ImpactAlpha, Dec. 15 – Financial activism firm Adasina Social Capital has launched the Adasina Social Justice All Cap Global ETF (NYSE: JSTC) on the …
Dealflow | December 9, 2020
Fifth Third Bank pledges $2.8 billion to accelerating racial equity
ImpactAlpha, December 9 — Several banks have pledged billions this year to advance racial equity in response to the racial justice movement, like …
Photo Credit: SoLa Impact.
Community Finance | December 8, 2020
SoLa Impact’s billion-dollar impact fund targets Black and Latinx communities
ImpactAlpha, December 8 — SoLa Impact, a family of social impact-focused affordable housing funds, launched a billion-dollar fund to build affordable housing in …