Foundation Grants
Community Vital Signs
About Us
Cross-Border Impact Ventures: $90 Million Closed Of Women'S And Children'S Health Tech Fund
Foundation: Hamilton Community Foundation, Skoll Foundation, Johnson Foundation, McConnell Foundation, Nathan Cummings Foundation
Johnson & Johnson is putting its money where its mouth is, investing $100 million in a fund that aims to make a difference in the lives of women, children, and adolescents around the world, the New York Times reports.
The Women's and Children's Health Technology Fund, or CBIV, is a partnership between Johnson & Johnson's philanthropic arm, the Johnson & Johnson Foundation, and Germany's state-owned financial institution, KfW.
According to a press release, the fund will invest in technology companies that "make health systems more resilient" or "address women's, children's, and adolescents' or make health systems more accessible."
Companies in CBIV's portfolio include Daye, which has created a tampon-based diagnostic platform for conditions such as cervical cancer; Onco Health, which provides digital health platform for cancer patients; and OCIO Bivium Westfuller, which provides neonatal ultrasound services.
"Our current portfolio has the potential to make a difference in the lives of millions of women, children, and adolescents in North America and Europe, in addition to targeting underserved populations in emerging markets," Donna Parr, a managing partner at CBIV, says in the press release.
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
The People's Bank of China says it will start allowing people in China to use the country's new digital currency, the Digital Yuan, to buy goods and services starting next month, the BBC...more
When it comes to corporate social responsibility, India's government and public sector companies are at the top of the list. But when it comes to companies of all sizes, they're at the bottom,...more
The world's biggest state investors are getting into the business of making positive social and environmental impact investments. Singapore's Temasek Holdings, one of the world's largest state...more
"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,...more
When it comes to giving back to the communities in which they operate, India's companies are in a race against time to up their game. A new survey from Deloitte finds that just 28% of companies...more
Indian companies are spending more and more on philanthropic efforts. A survey of 185 companies by accounting and consulting firm Deloitte found that 25% of them spend more than $100 million a...more
Indian companies are spending more and more time thinking about how to make a positive impact on the world around them, the Economic Times reports. According to a survey of 185 companies by...more
During the Covid-19 virus, many businesses took a hard look at how they do business and realized they needed to do more to attract and retain top talent, Forbes reports. According to a report...more
"We've noticed that there are a wide variety of investment opportunities that can truly be transformative for women's and children's health and have confirmed, time and time again, that without...more
Italian crowdfunding site Ener2Crowd has just launched a new service called FidoGreen, which it says is the first "sustainable finance platform for sustainable investments," Quartz...more
Social Entrepreneurship
Spotlight
Celebrity Chef Jamie Oliver Backs Social Saturday
UK will be celebrating its first national celebration of social enterprises dubbed as Social Saturday. World famous celebrity chef Jamie Oliver, who founded the Fifteen restaurant chain.