How the Craftory is deploying ‘cause capital’ to back impact-driven challengers to consumer brands

  • The Craftory aims to amplify “challenger brands” that embody one or more of five “righteous causes” – delivering good health, democratizing access, progressing society, prospering sustainability and championing self-esteem.

Backstage accelerator backs 25 underestimated founders in Detroit, Philadelphia, L.A. and London

  • The venture capital firm for founders who identify as a woman, person of color, and/or LGBTQ will invest $100,000, and provide mentorship, investor intros and financial guidance each of the Detroit, Philadelphia, Los Angeles and London-based companies, in exchange for a 5% stake.

‘Inclusive cannabis’ investors apply a racial-equity lens to a high-flying industry

  • The crackdown on illegal pot put hundreds of thousands of people behind bars in the U.S. Those felony drug convictions now are keeping many formerly incarcerated would-be entrepreneurs and employees out of the newly legitimate cannabis industry.
  • Some cities and investors are now specifically advantaging those disproportionately impacted by the decades of prohibition.