Solar Lanterns Scale Up as D.light Reaches 10 million Units

Solar-lantern producer d.light said it has sold its 10 millionth unit, and that its off-grid electricity now reaches 50 million people in 62 countries. D.light is backed by the Sand Hill Road venture capital firm DFJ, as well as impact investors including Acumen Fund, Omidyar Network, and Gray Ghost Ventures. It raised $11 million in its

Unitus Impact Invests to Improve Lives of Asian Factory Workers

Workers in Asian factories are rarely the subject of good news. Unitus Impact is trying to change that with investments that go the source of most of the controversy: corporate supply chains. The impact venture capital firm’s Livelihood Impact Fund made two investments in companies that leverage the supplier networks of multinational companies to improve the

Here Comes Crowdtrading: Robin Hood Raises $50 million

Photo Credit: Nestor Lacle Move over crowdfunding. Robin Hood is taking its zero-fee stock trading platform global with $50 million in follow-on funding. Robin Hood is opening the stock market floodgates to the “crowd,” and particularly to the Millennial generation that has little patience for $7.99 fees and $500 minimums. US Trust Insights on Wealth

Eyes on the Horizon: ImpactAlpha’s Cliff Notes to the GIIN-JPMorgan Annual Impact Report

Latin America and energy are hot. Microfinance? Not. As for social impact bonds, it’s too early to tell. We read Eyes on the Horizon, the fifth annual state-of-the-impact-market report from the Global Impact Investing Network and JP Morgan, so you don’t have to. The bottom line: More investors, more assets, flat commitments. Investors are pleased

Tech Moguls Bet on AltSchool to Transform Education

AltSchool has a big new vision for schools and now it has $100 million to roll it out. The financing comes from Mark Zuckerberg, Peter Thiel’s Founders Fund, Andreesen Horowitz, EBay founder Pierre Omidyar’s Omidyar Network and others, another sign of the surge of tech investors into education. Ed-Surge reported that $1.36 billion went into

British Invasion: Bridges Ventures Invests in Springboard Education in America

The U.K.-based private equity impact investment manager Bridges Ventures is investing in Springboard Education in America, its first U.S. deal after opening an office here last year. Bridges, a pioneer impact investor on the U.K. scene, was founded in 2002 and now has more than $800 million under management. Its founding chairman, and current advisory board

Making Nature Pay: Bankers Work to Finance Conservation at Scale

Restoring forests, wetlands and wildlife habitat is exciting. Leave it to the bankers to make financing such environmental projects downright boring. As climate concerns and other environmental anxieties mount, Wall Street and global bankers are hammering the complexities of conservation into the kind of mature, repeatable financial products bankers sell every day. That the payments