Buffalo, N.Y., impact fund raises $8 million

Buffalo Mayor Byron Brown’s push to spur private investment with public funds is paying off. The Western New York Impact Investment Fund has raised (paywall) $8 million from community and national foundations and private investors to back projects in the Buffalo area, from social startups to environmental-cleanup bonds. Investors are already active in the depressed region;

Climate, consumers, constraints drive growth in food-tech investing

A host of startups are bringing innovation to all parts of the food system, from labs to farms to consumers’ plates. Financing is following. Investment in the sector is up 6% in the first half of 2017 even as the total number of deals fell 27% to 369, according to a new report from market-research

Gender-diversity outperformance, Mitsui and minigrids, food-tech investing, India’s water challenge

Greetings, ImpactAlpha readers! #Featured: Impact Voices The Google diversity story needs a reframe. Others have debunked the poor science and just plain ignorance in Google engineer James Damore’s argument that males are better suited than females for work in the tech and engineering fields. So let’s talk instead about building great businesses and investing to make

Could a tax credit turbocharge carbon-tech?

The proposed increase in tax credits for carbon capture and storage, introduced Wednesday in the U.S. House of Representatives, may well be intended to revive the notion of “clean coal.” But it also could turbocharge breakthrough technologies for sucking carbon out of the air. The NRG Cosia Carbon XPRIZE has been driving innovation in carbon-capture by

Finalists announced for Steve Case’s “Rise of the Rest” pitch competition

Case and the Revolution team are hosting five competitions in seven days, from York, Pa. to Green Bay, Wis. The competitions spotlight local entrepreneurs focused on social, environmental, and community issues. Case kicked off his “Rise of the Rest” bus tour earlier this year to call attention to entrepreneurs outside major U.S. hubs like Silicon Valley

J.P. Morgan replicates Detroit community revitalization commitment in Chicago

J.P. Morgan was one of the first major financial institutions to bet on Detroit’s recovery after the city’s bankruptcy in 2014. After an initial $100 million commitment, the bank pledged another $50 million to Motor City. Its work in Detroit helped the bank earn the top spot on Fortune’s third annual Change the World 50 list. Now

Agtech venture Bee Corp closes Series A to support bee health

Bees and other pollinators contribute $24 billion to the U.S. economy, but bee colonies have been suffering collapse for decades, due to factors like commercial pesticide use and parasites. (There has been a slight improvement this year.) “Given the heavy dependence of certain crops on commercial pollination, reduced honey bee populations pose a real threat