Deals lag hype in ‘Blockchain for Good’ investments

  • Hype-cycle... For all the promise of blockchain-enabled technologies to solve a variety of global challenges, “blockchain for good” ventures have been slow to emerge.
  • The latest signal... Consensys' $50 million in-house venture fund is scaling back the social impact-focus of the fund.
  • Market development... If interest in blockchain-for-good is indeed ebbing, that just might mean it’s an opportunity to buy in.

Philadelphia Story: Good Capital Project, ImpactPHL and ImpactAlpha team up at Total Impact

There’s a reason ImpactAlpha has been publishing so many stories on Philadelphia, even beyond the fact that our own Dennis Price and his family moved back last year. We’ve been tracking locally-driven economic revival across the U.S.; Philly is testing approaches also taking hold elsewhere. Can local institutions and impact investors effectively direct capital to entrepreneurs and other agents of

Tala raises $65 million for alternative credit scoring and mobile lending

  • Growth capital... The $65 million Series C round was backed by Revolution Growth — the growth-capital fund of Steve Case’s Revolution Ventures — along with IVP, Data Collective, Lowercase Capital, Ribbit Capital and Female Founders Fund. The company has raised $105 million in total to date.
  • New markets... Tala will expand to Mexico and India.
 

Early data signals success of Social Impact Incentives

ImpactAlpha, April 23 – Clínicas del Azúcar, a string of low-cost diabetes clinics in Mexico, increased the penetration of its services to low-income populations over a six-month period. Blood sugar levels improved. For hitting those six-month impact targets, Clínicas earned a $64,000 payment on top of its top-line revenues from the Swiss development agency. Bjoern