Members of the Toniic impact investing network sourced and made a half-dozen impact investments through the platform so far this year. Toniic members make a variety of deals across asset classes. The early-stage deals sourced through the network’s platform include the good business browser extension DoneGood, electric scooter sharing startup Emmy and food waste firm InspiraFarms.
Populous and/or aging countries like India are turning to machines to supplement a shortage of human healthcare and eldercare workers. Touchkin, based in Bangalore, has raised $1.3 million to develop its chatbot Wysa, a mobile service with predictive algorithms to detect age-related disorders. The founders see Wysa as a virtual therapist for the elderly that
Big investors and big ticket sizes are matching the big “alternative protein” opportunity as growing incomes and populations drive demand for protein. With the meat industry contributing nearly one-fifth of global greenhouse gases, there’s a rush on for less resource-intensive, healthier alternatives. Redwood City-based Impossible has raised more than $300 million to date for its “juicy”
Twiga, a logistics company and tech platform, has become one of Kenya’s largest distributors of basic food items. The company, launched in 2014, buys produce from Kenyan farmers and delivers it to urban markets and kiosks to improve Nairobi’s informal produce economy, handling more than 4,000 orders a week for bananas alone. Informal vendors account for nearly
Greetings, ImpactAlpha readers! #Dealflow: Follow the Money Twiga Foods raises $10.3 million to connect Kenyan farmers and vendors.Twiga, a logistics company and tech platform, has become one of Kenya’s largest distributors of basic food items. The company, launched in 2014, buys produce from Kenyan farmers and delivers it to urban markets and kiosks to improve Nairobi’s
There are about $20 billion worth of bitcoins already in circulation. A recent World Economic Forum report estimated that by 2027, as much as 10 percent of the entire global GDP could be stored via blockchain, the technology underpinning bitcoin and other cryptocurrencies. There are signs that cryptocurrencies could one day dominate, rather than merely
Elder care should be one of the growth industries of the future, as the number of U.S. adults over 65 grows to 80 million by 2050. But we’re already short of caregivers, and don’t pay many of the ones we have. In 2015, 43.5 million caregivers in the U.S. supplied unpaid care to an adult or