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Using Technology to Build Transparency That Brings Long-Term Support

Allegiance Group

More than ever, donors want clear proof that their precious dollars will make an impact. Of course, connecting the dots from donation to impact is tricky, particularly at scale. The model isn’t set up to facilitate growth, and profits aren’t the priority — the impact is. Fundraisers hear questions like this regularly.

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Cleantech Qotto embarks on growth plan backed by $8M funding

TechCrunch

The Off-Grid Energy Access Fund (FEI-OGEF), Cordaid, and Qotto’s existing investors also participated in the round. In addition, we are aligned with the SDGs to serve customers and improve impact indicators in our markets,” he said.

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CEO’s Update: Fall 2014

Beneblog: Technology Meets Society

More and more of my time is spent around both raising money and raising awareness of how much more could be done with technology to increase social impact. First, I’ll cover our biggest fundraising effort of the year: individual philanthropy is crucial to us; it’s the portion that makes 10X impact possible!

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Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa

TechCrunch

FinDev Canada has injected $13 million into Energy Entrepreneurs Growth Fund ( EEGF ), which invests in early and growth-stage energy startups in sub-Saharan Africa. Part of the funding will go toward increasing access to clean energy for off-grid households and businesses in the region. million mezzanine investment from the fund.

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8 startups that leveraged products for social good, and where they’re headed in 2014

The Next Web

1) The e-commerce site where products fund projects. Launching – and funding – several crowd commerce campaigns. Launching – and funding – several crowd commerce campaigns. Similar to a Kickstarter model, these campaigns use products to fund projects. As of May 2013, w4tw was over-funded by $16,285 from a cool $25K.

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Swoop Aero’s drones hit a million items delivered as the company raises for expansion

TechCrunch

Australian drone logistics company Swoop Aero is celebrating new milestones and funding as it plans its expansion to more markets. “If you’re the minister of a country, whether it’s Austrialia or Malawi, you say ‘we want to be able to do 300 high-priority deliveries a month.’

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Kenyan insurtech Lami raises $3.7M seed extension led by Harlem Capital

TechCrunch

The latest funding adds to the $1.8 million seed funding the insurtech raised last year. Abass added that Lami is using the funding to hire, fast-track its expansion plans and drive underwriter partnerships. Kenyan insurtech startup Lami enters Malawi, DRC after acquiring Bluewave, eyes rest of Africa.

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