A growing community of investors steers capital to solutions that benefit refugees

  • The 70 million forcibly displaced people around the world represent a growing global challenge. But behind the images of border conflicts and crowded camps, a new narrative is emerging: Refugees as resilient, employable, credit-worthy and, increasingly, investable.

Jay-Z and Kapor Capital join $3 million financing of “de-carceration” startup Promise

  • Promise... works with defendants to be sure they appear at court dates, undergo drug testing and treatments, get to classes and meet other obligations.
  • Reduces costs...The firm charges towns and counties as little as $17 per person per day, compared to $85 or more per day for jail time...

‘Labor-lens investors’ are disrupting exploitative supply chains

Working to end forced labor and poor conditions in global supply chains in not new. What’s new are the growing number of “labor-lens” investors betting on strategies for ending exploitative working practices. Disrupting the $51 billion in profits reaped from goods made with forced labor, including about 25 million people in modern slavery conditions and

Humanity United launches $23 million fund to combat forced labor, other supply chain problems

Humanity United, part of the Omidyar Group, has raised $23 million to invest in early-stage technology companies fighting human trafficking and other abusive practices in corporate supply chains around the world. Humanity United’s fund, called Working Capital, is backed by Walt Disney Company, Walmart Foundation, C&A Foundation, and several impact investors, including the Soros Economic Development