Foundation Grants
Community Vital Signs
About Us
"Our long-term vision is to see every dollar invested globally as a net positive for people and planet."
So says Niklas Adalberth, the founder of Norrsken Foundation, which operates Norrsken VC, a Swedish venture capital fund that's investing in startups that have a positive impact on society and the environment.
The fund has just closed its second fund at $340 million, more than its initial target of $250 million, reports the Local.
The fund will invest in startups in sectors such as climate tech, energy, biotech AI, and health tech, aiming to support visionary founders and create companies that benefit 1 billion lives.
"While more funds have joined the sector since our inception, it remains relatively uncrowded, with less than 1% of global capital dedicated to impact investments," Tove Larsson, the general partner of Norrsken VC, says in a press release.
"Norrsken VC stands out for its results-oriented approach, backing the top 1% of startups in the impact sector, which includes several unicorn companies."
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
Government and philanthropy partner to empower communities.Government is investing $19.3 million over five years to establish Partnerships for Local Action and Community Empowerment (PLACE) PLACE...more
Foundation: Susan Thompson Buffett Foundation, Gates Foundation
Warren Buffett will direct his $140 billion fortune into a charitable trust.None of it will go to the Gates Foundation, which has been the recipient of more than $40 billion from Buffett over nearly...more
Government and philanthropy partner to empower communities.$19.3 million over five years to establish Partnerships for Local Action and Community Empowerment.PLACE will act as a one-stop shop to...more
The program will address how climate change is altering the playbook for disaster philanthropy.The frequency of hurricanes and increasingly impactful secondary perils storm surge, flash flooding,...more
Foundation: Kansas Health Foundation
The Director of Financial Partnerships is a critical role designed to support the Foundation's strategy to catalyze and aggregate resources to reduce the health disparities and inequities Kansans...more
Celebrating artistry and philanthropy: Hindy Weber Tantoco at the Red Charity Gala.Follow Bilyonaryo's unparalleled coverage of business news and global...more
CitiesAlive 2024 will take place at various locations in Toronto on November 6 9th.Learn from the experts over two full days covering the latest designs, research, policy, and system...more
The ETS Innovation Fund is one of the world's most extensive funding programmes for demonstrating innovative low carbon technologies.Since 2020, the Innovation Fund (grant) has provided around 2.5B ...more
Efforts to improve Jackson's main pedestrian trail will receive a $200,000 boost from a state program to update Michigan's transportation infrastructure.The funding comes from the state's Shared...more
State grant money is on the way to the Bourne and Sandwich school districts.Bourne Schools are getting 15-grand and Sandwich schools will receive more than...more
Social Entrepreneurship
Spotlight
Colombian Social Entrepreneur Hopes to Shake and Change the World
Young at 24, Juan David Aristizabal Ospina is a social entrepreneur who founded Buena Nota, a platform that accentuates social entrepreneurs and citizens in Colombia making  positive changes and raising awareness about social problems that need to be addressed.