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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
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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When Chuck Petersheim heard a high school football team in Pike County, Pa., needed funds for a trip to Florida, he decided to pony up. The Greater Pike Community Foundation recently announced...more
Foundation: Ford Foundation
The Ford Foundation, one of the five largest philanthropists in the US, has come under fire in the past for its support of far-left groups. Now, however, it's back in the news for another reason:...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.
