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ONE WORLD Fund Doubles Bay Area Target for Impact Investments
Already the largest fund with a Bay Area focus, fresh capital will extend its presence
By: ONE WORLD Training & Investments
The fund supports entrepreneurs in a variety of industries including sustainable energy, healthcare, education, sustainable food & agriculture as well as companies that strengthen local communities. The CEOs in the portfolio represent a diverse set of backgrounds-
"The Bay Area has many characteristics that make it a strong place to start and grow a social enterprise, and ONE WORLD is helping to grow this ecosystem in important ways," according to Morgan Simon, of The Candide Group.
One of ONE WORLD's first investments is in Pasture Map, a technology company that helps farmers better manage their grasslands and increase profitability while simultaneously capturing
carbon to mitigate climate change. According to its CEO Christine Su, "The ONE WORLD Impact Fund fills a much-needed gap in the Silicon Valley venture ecosystem. Traditional VCs abound but very little capital is explicitly focused on companies that create financial returns and are mission-driven towards positive social impact. There are massive opportunities in solving society's biggest challenges, and ONE WORLD is one of the few who recognize that."
Impact investing continues to gain significance for all types of wealth owners- including traditional limited partner investors, family offices, foundations, endowments and angel investors. The GIIN reports that the size of the impact investing industry is well over $100
billion, growing by over 15% annually. Mainstream financial institutions such as Goldman Sachs, JP Morgan, and UBS all have created dedicated impact investing practices.
Rajiv Parikh, a Bay Area entrepreneur and angel investor who has co-invested along ONE WORLD as part of its investor syndicate said, "The team at ONE WORLD has created a terrific engine to identify and support amazing Bay Area based social impact startups, and have a unique model to identify and grow the opportunity set of strong investments."
Additional information on the ONE WORLD Impact Fund, including its criteria for entrepreneurs, the current portfolio, and the investment syndicate, as well as a list of individual investors and funds which have made impact investments into Bay Area.