Invested Development Closes the BSP Fund at $20M for Innovative Technology Startups in Under-served Markets

FOR IMMEDIATE RELEASE
September 4, 2013

Boston, MA – Impact investment fund manager Invested Development (ID) announced today that it has closed its flagship fund, the BSP Fund, at $20 million USD. The fund is dedicated to solving the world’s biggest problems, and ID believes that investing in alternative energy, agriculture technology, and mobile technology innovations is the way to do this.

The firm funds highly scalable startups with affordable innovations for underserved markets like … read more

The IFF Applied to Carbon Credits

By now, many of our readers are familiar with the Impact Factoring Fund (IFF). When we first introduced it, we knew it would solve a common problem for many startups in emerging markets. Since then, we have discovered that there is a range of applications for the IFF across a variety of sectors, including tablet sales, pay-as-you-go energy sales, and even carbon credits. The common thread is the working capital constraint that businesses face when … read more

Interview with David del Ser: Frogtek Update and Thoughts on the IFF

Since we first announced the Impact Factoring Fund, we’ve been working hard to help our portfolio companies take advantage of the opportunity to access working capital. One of our portfolio companies, Frogtek, is particularly excited to apply the IFF to its efforts of financing tablets for their customers in Mexico and Colombia.

Frogtek’s innovative technology is an application, Tiendatek, which allows micro shopkeepers to manage sales and inventory on their smartphone or tablet. … read more

Introducing the Impact Factoring Fund

Over the past few years, ID has worked to catalyze risk capital for underserved markets. To date, we have done this with direct investments from our BSP Fund, business co-creation through our BETA program, and deal syndication with fellow investors. Now, we are ready to announce our latest effort to support high-growth enterprises working in underserved markets.

The Impact Factoring Fund solves one of the most critical inhibitors to high-growth impact entrepreneurship. It levels … read more