ImpactAlpha, October 19 – Back in July, Axios reported that Clinton was “kicking around the idea” for a venture fund to invest in two sectors most impacted by the global pandemic: health and education. Her firm, Metrodora Ventures, made its first investment in online learning startup Fiveable, which is working to “democratize” access to advanced
ImpactAlpha, Oct. 15 – “Pro-business” really does have a new meaning. Just a few weeks ago, U.S. investors were said to be fretting about higher taxes in a potential Biden administration. Judging from a growing batch of briefings, they’re now anticipating not only stability and stimulus, but sustainable growth (see, “Pro-business has a new meaning now”).
ImpactAlpha, Oct. 8 – Concord, a music and theatrical publishing and management firm, has created a $10 million impact investment initiative to support music and theater enterprises in underserved communities. Its first move: a partnership with Techstars Music. Concord is committing to a $30,000 seed investment for each of the companies selected for Techstars’ 2021
ImpactAlpha, October 6 – Indianapolis-based Malomo helps businesses engage customers as they track orders through the Shopify e-commerce platform. The intent is to help small businesses boost their online marketing and brand visibility. Harlem Capital, San Francisco-based Base 10, Hyde Park and High Alpha backed the Black-led startup’s funding round. Malomo means “flowers” in Swahili.