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.

Companies: Village Capital
People: Steve Case
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

CIT’s Virginia Founders Fund is investing in Skyphos Technologies

Here’s a look at Halcyon Incubator’s latest cohort of early-stage social entrepreneurs

The Global Good Fund raised more than $300K at its annual gala

SPONSORED

DC

Building a data acquisition system? Don’t make this mistake

Washington, DC

Alley

General Manager

Apply Now
DC, SF, NYC

Nava

Experienced Software Engineer – Backend

Apply Now
Washington DC

The Washington Post

Back End Developer/ Engineer – Arc Engineering

Apply Now

KnoNap took home the top prize at HERImpact DC’s first Social Enterprise Pitch Competition

CIT Gap Funds invests in medtech startup Tympanogen

The HERImpact pitch competition is looking for women social entrepreneurs

SPONSORED

DC

This fast-growing SaaS company aims to be a force for change in the energy industry

Washington, D.C.

The Washington Post

Senior Software Engineer (iOS)

Apply Now
Washington, D.C.

The Washington Post

Audio Engineer

Apply Now
Washington, DC

Nava

Infrastructure Engineer (DC, SF, NYC)

Apply Now

Sign-up for daily news updates from Technical.ly Dc

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