social ventures
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Evaptainers decouples refrigeration from electricity to help rural farms and families
Some 1.4 billion people lack access to electricity worldwide today, most in rural areas across Southeast Asia, China, India and Sub-Saharan Africa. While others are focused on wiring up those places and developing new energy sources, a startup called Evaptainers has created a kind of refrigerator that requires no electricity, but instead runs on water. Read More
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Better Ventures closes $21 million fund to back the next Tesla or Patagonia
Oakland-based venture capital firm Better Ventures recently closed its second fund at $21 million according to cofounder and managing director Wes Selke. The firm was originally founded as an accelerator called Hub Ventures to help social entrepreneurs running so-called “triple bottom line” startups. These companies measure their success not only by revenue and profitability,… Read More
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Impact Engine closes its accelerator and a $10 million impact fund
An accelerator that backed for-profit, for-good ventures, Impact Engine, is abandoning the bootcamp approach and shifting its focus to investing in these startups as a seed fund, according to CEO and Partner Jessica Droste Yagan. Based in Chicago’s 1871 startup hub, Impact Engine also closed a $10 million fund to support this pivot. The fund is its fourth, but now Impact Engine will… Read More
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Malala Fund co-founder Shiza Shahid, AngelList partner to back “mission-driven” startups
During the Global Entrepreneurship Summit (GES 2016) at Stanford University today, AngelList, the equity fundraising platform, and activist Shiza Shahid announced a partnership to form a fund called NOW Ventures that will back what they’re calling “mission-driven” startups. That’s the latest label for businesses that want to make a positive social and environmental… Read More
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