The internet has enabled mass information sharing and in recent years, education has been taken to the next level thanks to e-learning programs and applications. Unfortunately, in many developing countries, lack of reliable internet access prevents citizens from benefitting from online education. Innovative entrepreneurs, like the founders of our portfolio company, BRCK, are working to solve this problem and deliver global internet access. Below are articles highlighting how achieving global connectivity will contribute to … read more
Agriculture and Food Security Developments
As the world population increases along with global incomes and standards of living, there will be over 9 million mouths to feed globally by 2050. This is a number we see, talk and read about often. To ensure food security for our future, changes must be made in the agriculture industry. Below are recent articles that innovation, progress in the sector and offer advice for continued development.
To feed the world, food and agriculture industry … read more
Mobile for Development
Mobile money and mobile banking have created a revolution in financial services for the unbanked population, but the potential for mobile technology doesn’t end there. Below are recent articles highlighting how mobile technology can be leveraged to create innovative solutions aimed towards the development of emerging markets.
Mobile for Smart Solutions: How Mobile can Improve Energy Access in Sub-Saharan Africa by Helene Smertnik on GSMA
A new report released by GSMA explores the opportunity for … read more
Food Adequacy Infographic
Wind Energy Advancements
Wind energy has been used for centuries to move ships, pump water, and grind grain. It’s now one of the most cost-effective sources of new generation, competing with new installations of coal, gas and nuclear power. We are always looking for innovative technologies that can resolve the energy access gap.
Wind power seen generating up to 18% of global power by 2050 on International Energy Agency
By 2050, wind power could generate up to 18% … read more
Clean Energy Advancements
This week we focused our reading on the benefits and use of clean energy. By 2030, the United Nations aims to double energy efficiency and renewable energy worldwide and declared this decade one of Sustainable Energy For All. Over 1.4 billion people lack access to basic electricity, 95% of which live in Sub-Saharan Africa and Asia. We are always looking for innovative technologies that can resolve the energy access gap.
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