Diligent Robotics snags $2.1 million for hospital bot

Impact Tech Seed funding came from True Ventures, Pathbreaker Ventures and others PC: kxan.com States face significant shortages of skilled nurses. Austin-based Diligent is building robots to handle menial hospital tasks and “help nurses make full use of their specialized skills,” says Diligent Robotics’s Andrea Thomaz. A pilot project will focus on acute care patients. Seed funding came

ParentPowered raises $2.7 million for parenting app

The company’s Ready4K app sends texts with learning tips to parents of young kids. The Belmont, Calif. company aims to create “an on-demand library for parenting tips,” EdSurge reports, and to expand fee-based services for institutions. Omidyar Network led the funding, which included the Richard E. and Nancy P. Marriott Foundation and Heising-Simons Foundation.

Exits, with impact

A new report from the Global Impact Investing Network offers guidance for those who want to make sure their investments keep having an impact after they cash out. https://medium.com/media/4e2af221c5823d1a8ee198d1c19ec5bf/href Based on a survey of 33 investors, advisors, and social enterprises covering the lifetime of their investments, GIIN provides some answers for impact investors: Pre-investment: Look for

Economic growth to the (climate) rescue?

First the bad news. Environmental dangers — storms, earthquakes, fires and failed efforts to address climate change — will still threaten in 2018, according to a Global Risks Report from the World Economic Forum. Water shortages, refugee crises and cyberattacks are all part of the problem, as this map shows. The good news? Strong economic growth could be part of

Keeping up with India’s fintech rush

#Dealflow can barely keep up with the flood of interest in financial technology startups in India. “India offers the highest expected return on investment on fintech projects,” with returns of 29% versus a global average of 20%, according to a report from PwC and Startupbootcamp. Driving the action are greater openness among regulators for non-banks, Prime

Nature reduces risk, edtech deals in India, investment exits with impact

Greetings, ImpactAlpha readers! #Featured: Returns on Investment Podcast Nature reduces risk. The Nature Conservancy’s Kathy Baughman McLeod led participants in chanting, “Nature reduces risk, nature reduces risk,” at last week’s conservation finance conference at Credit Suisse in New York. Our roundtable regulars, Imogen Rose-Smith, Brian Walsh and David Bank took up the chant in our

Nature Reduces Risk: Financing large-scale conservation (podcast)

Did you know that 60 agricultural producers and other companies have a collective liability of up to $500 million to comply with their pledges for deforestation-free production of palm oil? Neither did many of their banks and other lenders, who generally don’t like such hidden risks. The “Sustainable Commodity Conservation Mechanism” was one of the most intriguing — and