The venture capital firm, which runs its own startup accelerators, will invest its haul in companies targeting medical devices, robotics, food and life sciences. SOSV has backed 500 companies including MakeBlock, Clara Foods, NextThingCo, FormLabs, and Greenblender. The IFC, the Lemelson Foundation, the Russell Family Foundation and individual investors backed the firm’s third fund. Photo credit: FOOD-X.
Climate Finance Autonomous cars will arrive before the policies that govern their use. Some cities aren’t waiting. Helsinki, London, São Paulo, Tel Aviv and Washington DC will join Austin, Buenos Aires, Los Angeles, Paris, and Nashville in a Bloomberg Philanthropies/Aspen Institute initiative to develop “people first” principles and tools that accelerate cities’ preparedness for autonomous
The Knight Foundation moved quickly to capitalize on concerns over fake news after the U.S. election. Knight launched the $1.5 million initiative a week before Christmas. With nine days left in the call to action, 20 nonprofit news organizations, including the Center for Public Integrity, ProPublica and Inside Climate News, have reached the $25,000 match limit.
Climate Finance Last month, we riffed on the Nixon-to-China possibility that Secretary of State-designate Rex Tillerson, the CEO of ExxonMobil, could lead Trump to support a tax on carbon. Now comes The Atlantic with a related scenario that spotlights a growing group of Republicans pressuring the Trump administration to recognize climate change and push for
Climate Finance Subaru’s U.S. manufacturing plant and two plants in Japan reuse nearly everything; they haven’t sent waste to local landfills in 20 years. All but three percent of components in Subaru cars can be recycled and reused. Is it a coincidence that Subaru has among the best profit margins the industry? Sierra Nevada diverts
Technology is helping give more people access to payment, saving, loan and investment services. But Greta Bull, head of the Consultative Group to Assist the Poor, says the real game changer is distribution. The key to M-Pesa’s mobile payments system, for example, is its network of agents who allow customers to convert cash to digital