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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.
San Diego's Second Chance is known for its efforts to help at-risk youth turn their lives around, and on Thursday, the nonprofit will celebrate its success at its annual Legacy of Impact...more
When it comes to job creation, there's no country in the world more in need than Nigeria, which has the highest rate of joblessness in Africa at 11.1%, per the World Bank. And that's why the...more
"In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share," MacKenzie Scott writes in her Giving Pledge letter. "My approach to philanthropy will...more
"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
A leading California children's hospital is looking for a director of development to help it raise $600 million over the next decade, the San Jose Mercury News reports. The director of...more
What started out as a small group of women at Michigan's Oakland University has grown into what's said to be the largest philanthropic organization in the state. The Detroit Free Press reports...more
A massive landslide in Bangladesh has killed at least 16 people and left more than 270,000 children living in the dark, Reuters reports. Cyclone Remal slammed the country on May 26, bringing...more
"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
Social Entrepreneurship
Spotlight
Key to Successful Social Entrepreneurs: MENTORS
Liam Black, co-founder of Wavelength, writes how collaboration and embracing mentoring are ways to make social entrepreneurs successful.
