ImpactAlpha, October 2 – The Urban-X accelerator graduated its fourth cohort of startups at a demo day in Brooklyn last week. With investors in attendance, seven startups showcased new hardware to make urban life less challenging and more enjoyable. Among this year’s cohort: Avvir, which uses laser scanners to scan construction sites and determine progress
- The fund backs microfinance institutions and water and sanitation-based ventures like micro-utilities, toilet manufacturers, and water kiosks to improve access to clean water worldwide.
- The Nigerian Y Combinator graduate builds solar-powered WiFi towers and provides high-speed internet access to 150,000 users via 7,000 WiFi hotspots in Nigeria.
- LaunchTN, an organization that supports Tennessee-based startups, has made its first investment from its $1.7 million seed-stage impact fund.
- Gurgaon-based Shuttl’s plans to expand its network of 800 commuter shuttles, which currently operate on 150 set routes in the greater Delhi metro area and Jaipur.
- The two investments are the first commitments fromMexico City-based Angel Ventures second fund, which has a target size of $120 million.
- The C$189.5 billion pension fund is committing C$200 million in project financing to roll out smart energy storage systems across Ontario.