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Edovo closes $9.8 million to expand tablet-based inmate education

  • Other criminal-justice focused startups... include Pigeonly, which has raised more than $5 million to  dramatically cut costs and hassles for friends and families in keeping in touch with inmates.
  • Mission-driven investors... backed Edovo’s Series A round, including SustainVC, Impact Engine, Kapor Capital and Ekistic Ventures.

Calvert Impact backs $1 billion BlueOrchard microfinance fund

  • BlueOrchard... was founded by the UN in 2001 as one of the world’s first commercial managers of microfinance debt investments.
  • The firm says... 60% of its investees’ clients are women, one-quarter offer green loans for clean water and energy.
  • Calvert’s 2004 investment in BlueOrchard... matured in 2011.

Vox Capital backs Sanar to train healthcare professionals in Brazil

  • The medical training gap… The startup is trying to bridge a major health services gap in Brazil.
  • Sanar’s solution… The firm identifies content needs via specialized Facebook forums and then develops online courses and materials.
  • Vox Capital manages... about $120 million between two funds.