San Francisco Foundation commits $50 million to mission-aligned investing

ImpactAlpha, March 18 – The Bay Area-based community foundation is moving $50 million into investments that are aligned with its mission to building inclusive prosperity and racial equity in and around San Francisco. The commitment represents 6.3% of its $800 million endowment. The San Francisco Foundation is among the 17% of foundations in the U.S. that are

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.

Naramai raises $6 million for affordable breast cancer screening

  • The financing round was led by Japanese venture capital firm Dream Incubator with backing from BEENEXT, pi Ventures, impact investor Ankur Capital, Axilor Ventures and Binny Bansal, the co-founder Indian e-commerce giant Flipkart.