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"We've noticed that there are a wide variety of investment opportunities that can truly be transformative for women's and children's health and have confirmed, time and time again, that without impact investors at the table, the most transformative health technologies that address our needs struggle to raise capital," Annie Th ? riault, managing partner at Cross Border Impact Ventures, tellsPulse 2.0 in an interview.
That's why the Canadian venture capital firm is investing in a new fund that aims to invest in "transformative health technology companies" that have the "potential to save lives or transform healthcare in traditional markets but also reaching the world's most underserved populations who are not typically offered the best medical solutions," Th ? riault says.
The fund, called Cross Border Impact Partners II, will invest in companies based in North America, Europe, and the UK, as well as in countries around the world where women, children, and adolescents lack access to medical care, Business Insider reports.
"We aim to invest in health technology companies at the early commercialization stage, but one of the changes we've observed in the market over the past five years is that the nomenclature around investment rounds and the sizes of rounds relative to the growth stage has moved around quite a lot Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an...more
Foundation: Packard Foundation
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"A lot of tummy aches," Zwaye Banton tells the New York Times. "Vomit. Ice packs. Those are the typical things you see here." Banton is a medical assistant at a school in High Point, NC,...more
Foundation: Community Foundations of the Hudson Valley
There's a new CEO at the helm of the Hudson Valley Economic Development Corp., and she's made a splash in her first month on the job. Laura Washington has brought with her a "vision and extensive...more
You've heard the phrase "this is what democracy looks like" a lot lately: It's a cry of protest, solidarity, and civic power, and it's been used to great effect on the ground in states such as...more
Foundation: Communities Foundation of Texas
"Each act, each contribution, is a thread that binds us together in a shared purposeto uplift, empower, and make a positive impact." That's how Mylinh Luong sums up the work of the Orchid Giving...more
When Brett Hagler started New Story Homes a decade ago in San Francisco, he wanted to help as many people as he could in places like Haiti, El Salvador, Mexico, and Bolivia. What he ended up with...more
When it comes to giving back to the community, companies are more than just wads of cash: They "can bolster their public perception while making meaningful contributions to society," according to...more
Social Entrepreneurship
Spotlight
200 New Jobs To Be Created With Social Enterprise That Reuses IT
The Regional and European Co-Operative for Social Industry (RECOSI) is a new Irish social enterprise which aims to divert IT and electrical goods from being recycled.
