DC-based Village Capital raises $13.2M for social impact fund - Technical.ly DC

Business

Jul. 28, 2015 11:34 am

DC-based Village Capital raises $13.2M for social impact fund

The D.C.-based investment firm distributes money to startups that have been upvoted by their peers.

Village Capital invests in startups that strive for social impact.

(Courtesy photo)

A local investment fund with an interesting conceit just raised $13.2 million.

D.C.-based Village Capital invests in companies — but only if they’ve won the vote of their peers.

Now, the company has won the backing of its own peers, including AOL cofounder Steve Case and his wife Jean, and the Oakland-based Kapor Center for Social Impact.

Village Capital intends to invest its new fund in 75 global companies working in social impact areas like education, energy and health.

“The new fund will continue to give an opportunity to entrepreneurs everywhere, regardless of who you are or where you’re from,” Village Capital Executive Director Ross Baird said in a press release.

Organizations: Village Capital
People: Steve Case
-30-
LEAVE A COMMENT

Advertisement

Hope Code helps Soapbox connect customers to its mission

Up Top Acres is planning to grow rooftop farming in the DMV

Google for Entrepreneurs’ Mary Grove is joining Rise of the Rest as partner

SPONSORED

DC

VR is cool, but it isn’t mainstream. This local company has a fix for that

Washington DC

Nava

Product Manager (DC, NY)

Apply Now
Baltimore or remote

Fastspot

Back-end Web Developer

Apply Now
Philadelphia, PA

160over90

Digital Creative Director

Apply Now

Funding news about comScore

Funding news about Arcadia Power

These social entrepreneurs recently completed the PeaceTech Accelerator

SPONSORED

DC

These DC-based founders drop some serious knowledge in our Tomorrow Toolkit ebook

WASHINGTON, DC

Nava

Program Manager (DC)

Apply Now
WASHINGTON, DC

Nava

Designer / Frontend Engineer (DC, SF, NYC)

Apply Now
Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now

Sign-up for regular updates from Technical.ly

Do NOT follow this link or you will be banned from the site!