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Baby boxes nudge new parents toward best childcare practices

Women Rising New mothers in New Jersey will get a box full of diapers, onesies, baby wipes, breast pads, and nipple cream for breast feeding, in exchange for completing childcare training. Baby boxes were popularized in Finland, where infant mortality rates are among the world’s lowest. They are now distributed in parts of the U.K.,

San Francisco gets its own basic income test

Speaking of Finland, San Francisco announced last week plans to pilot its own $5 million program to compare how kids develop in families that receive direct cash transfers with those that receive traditional social services (or none at all). Finland announced a plan to test such “universal basic income” last year. Cash transfers as a poverty

Femtech funding tops $1 billion as women’s health takes center stage

Women Rising Startups targeting women’s healthcare have raised $1.1 billion in venture financing since 2014, CB Insights reports. Prelude, a fertility solutions startup, has raised $200 million and Progyny, backed by Kleiner Perkins, has raised $49 million for its egg-freezing and fertility services. Reproductive therapeutics company ObsEva, based in Geneva, filed for an IPO. The global femtech

ClearlySo raises financing for Thrive in UK and Crehana in Peru

ClearlySo, an impact investment bank, helped Thrive beat its fundraising target of £500,000 ($630,000) to develop software to help individuals manage mental health conditions. ClearlySo said it also helped Crehana, based in Lima, raise a seed round of $750,000 to build out its online platform for designers, photographers and video-producers in Spanish-speaking markets. Photo: GARY

Pearl Capital closes round for Uganda agriculture fund

The new Yield Uganda Investment Fund attracted €12 million ($12.9 million) to boost small- and medium-sized agricultural suppliers, producers, processors and transporters. Pearl Capital Partners, which also manages the $25 million African Agricultural Capital Fund launched in 2012 by JP Morgan and the Gates and Rockefeller foundations, hopes to double the new fund to €25

Pakistani emigrants back entrepreneurs back home

Pakistani emigrants back entrepreneurs back home As one of the “best hidden” frontier markets, Pakistan’s homegrown startups are starved for capital. Sarmayacar, based in London, is tapping Pakistani expatriates in Singapore, New York and other finance capitals as well. The investor network’s seed fund syndicate has raised more than $3 million and made its first deal, a

Biz and tech execs pledge to support refugees and immigrants

With Silicon Valley the epicenter of immigrant-driven wealth creation, tech titans are making up for a slow start to speak out against the president’s crackdown. Google’s Sergey Brin, who was born in Russia, showed up at Saturday’s protest at SFO. Tesla’s Elon Musk, born in South Africa, tried to play messenger to the president. Airbnb’s