Business, Education and Schools, Free News Articles, Funding and Investment, Regional Events

COVERGENCE – the research institution tech and startup gap fund and startup accelerator summit

SALT LAKE CITY, Utah -- COVERGENCE, co-hosted by innovosource and the University of Utah's PIVOT Center, is in its fifth annual year. This year it will be held from Oct. 20-21 at the University of Utah Rice-Eccles Stadium Club. With more than 60 university gap fund/accelerator programs (GAP) and potential commercial and investment partners, this dynamic event will serve as the platform for best practice discussions, GAP program and portfolio reviews, and commercial and investment partnering.

For more than 17 years, Jacob Johnson, innovosource founder, has worked to bridge the gap between researchers, investors and corporations. He's launched initiatives and supported programs like gap funds and accelerator programs (GAP), that advance promising research institution technology and startups from the lab to corporate collaboration and outside investment.

Seventy percent of COVERGENCE participants represent leaders of research institution-managed proof of concept, startup accelerator, and venture gap fund programs with the remainder of representatives coming from corporate innovation and venture firms.

"COVERGENCE brings all these important entities together in one place," Johnson says. "There are multiple opportunities to learn from and share with fellow GAP program leaders, and showcase your portfolio and opportunities to potential commercial and investment partners."

Research institutions will get to experience direct relationship building with other executive GAP program leaders and portfolio managers, leveraging $88 B+ in research funding per year. They'll also get to meet with corporate innovation teams and investors who can help to bridge university gap funding (proof of concept, startup, venture), or what is often to referred to as the "valley of death."

What exactly is the valley of death? It's the gap between the lab research and the marketplace where early-stage capital and technology/startup development support is lacking. This "gap" extends from where funding of basic research ends to where existing technology-driven companies or investors are willing to accept the risk to commercialize or invest in the technology or startup. The negative result is that a large portion of economic creation and commercial potential is left unrealized.

This shortage of early-stage development capital and support is a serious threat to future innovation and associated societal benefits. So, to address this challenge, research institutions and partners have led in the creation of technology and startup gap funding and accelerator support programs as a capital and innovation support mechanism. These programs are uniquely positioned to address critical elements of technology development and startup formation from research institutions.

innovosource's most recent landscape report reveals that 176 gap-fund and accelerator programs from 97 universities included in our GAP community have:

* invested $665MM of their internal funds into more than 1,500 startups and 1,000 corporate-licensed technologies;

* realized $8B+ in direct follow-on investment from corporations, investors, and public funds

* originated 90 percent of opportunities from institutions outside of Boston, New York, and Silicon Valley; and

* supported a diverse portfolio of applications in biopharma and medical devices, software and apps and food, agriculture and energy.

From partner panels and investor focus groups to happy hour mixers and fund/accelerator program and portfolio briefs this event is designed to be exclusively intimate, capping registrants at 150.

COVERGENCE is designed to be an intimate event that helps to maximize relationship building and knowledge exchange. Attendees will have ample time to meet each other and provide a basis to carry those relationships forward long after the Summit ends. There's a huge opportunity for collaboration and partnership to help university-founded startups scale their programs and tech/startup assets.

Some past participants said:

* "COVERGENCE was a great conference to learn more about the complexities of gap funding at universities, from grants to venture. Great topics, networking, and even a little bit of fun thrown in."

* "This was a great opportunity for a small program like ours to compare notes with more established, larger programs to compare best practices."

* "COVERGENCE was worth the intercontinental travel. With a high concentration of experts, entrepreneurs and investors, it really was an eye-opening experience."

And, the benefits to COVERGENCE research institutions can actually start before the Summit begins. How? Research Institutions can apply to provide a GAP program/portfolio brief at the Summit and more broadly submit to COVERGENCE GAP opportunity platform for review and feedback from corporate/investor participants before, during, and after event.

At the event, university participants will receive core GAP best practice discussions, as well as corporate/investor/and innovation ecosystem panels. Limited opportunity also exists for institutions to join a side-track to provide GAP program and portfolio reviews to participating corporations and investors.

Cost for research institutions to attend COVERGENCE 2022 is $399 and that includes registration and access to the pre-event partnering site and submission to the opportunity database. For more information and to register, visit: https://www.innovosource.com/covergence-2022.

About innovosource:

Over the past 15 years, innovosource (https://www.innovosource.com/) has worked with and supported hundreds of gap funding programs around the world. By partnering with research institutions and affiliates, innovosource informs, connects, and advocates for technology and startup gap funding and accelerator support programs.

Related link: https://www.innovosource.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Education and Schools, Free News Articles, Funding and Investment, Regional Events

innovosource summit to connect early-stage investors with university-managed tech and startup funds and accelerator programs

MINNEAPOLIS, Minn. -- innovosource will host its fifth annual COVERGENCE Summit from Oct. 20-21, 2022, at the University of Utah Rice-Eccles Stadium Club. The event gathers more than 60 university gap fund/accelerator programs (GAP) and potential commercial and investment partners to discuss best practices and review portfolios and investable projects and startups.

Jacob Johnson, innovosource founder, works to bridge the gap between researchers, investors and corporations and says that there is a real opportunity to address the lack of early-stage capital and innovation development support through strong university GAP fund and investor partnerships

"These summits serve as the meeting place to introduce investors to GAP program leaders and their pipelines of promising technologies and startups. By aligning with these programs, investors will see high-potential opportunities that have already gone through significant de-risking and validation. They are at the place where they are seeking investment and commercial partners to take the technologies and startups to market," he says.

Interested investors will benefit in multiple ways. They'll gain inside access to a wide array of investable tech/startups coming out of these gap-fund and accelerator programs and will get to experience direct relationship building with executive program leaders and portfolio managers, leveraging $88 B+ in research funding per year. Investors will also gain insights into emerging technology advances and themes while learning how to finesse early-stage investment strategies for programs that produce a high-rate of investable and ready-to-commercialize technologies and startups.

Universities and hospitals are leading through the implementation of university gap funding (proof of concept, startup, venture) and accelerator programs to bridge this "valley of death." Over the past 15 years, these programs have evolved into sophisticated investment, evaluation, development, and commercialization support mechanisms to nurture the most promising opportunities in emerging, high-growth technology areas.

Smart companies and investors are taking notice and making it a strategic, external innovation priority to partner with these gap fund and accelerator programs through applied research, proof of concept projects, seed and venture investments, and advisory/mentorship in return for insights, competitive positioning, and access to future technology and startups.

innovource's most recent landscape report reveals that 176 gap-fund and accelerator programs from 97 universities have:

* invested $665MM of their internal funds into more than 1,500 startups and 1,000 corporate-licensed technologies;

* realized $8B+ in direct follow-on investment from PE, family offices, and angels

* originated 90 percent of opportunities from institutions outside of Boston, New York, and Silicon Valley; and

* supported a diverse portfolio of applications in biopharma and medical devices, software and apps and food, agriculture and energy.

From partner panels and investor focus groups to happy hour mixers and fund/accelerator program and portfolio briefs this event is designed to be exclusively intimate, capping registrants at 150.

"We keep events intimate to maximize relationship building and knowledge exchange. Attendees will have ample time to meet each other and provide a basis to carry those relationships forward long after COVERGENCE," Johnson says.

A former attendee said, "COVERGENCE offers insight into a niche industry that the corporate and investment worlds are neglecting. There is a huge opportunity for collaboration and partnership to help university-founded startups scale their businesses."

Cost for investors to attend COVERGENCE 2022 is $499 that includes registration and access to the pre-event partnering site and opportunity database.

For more information and to register, visit: https://www.innovosource.com/covergence-2022 .

About innovosource:

Over the past 15 years, innovosource (https://www.innovosource.com/) has worked with and supported hundreds of gap funding programs around the world. By partnering with research institutions and affiliates, innovosource informs, connects, and advocates for technology and startup gap funding and accelerator support programs.

Related link: https://www.innovosource.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Funding and Investment

Nutrition Company PlantBaby Raises $4 Million Seed Round with Big Idea Ventures and The Fund LA, Among Others

KAUAI, Hawaii -- PlantBaby, the innovative nutrition company developing a portfolio of the purest plant-based products to support the nutritional journey from infancy into adulthood, announces its $4 million Seed funding round, led by Big Idea Ventures and The Fund LA.

The round also welcomed new institutional investors including Two Culture Cap, Springbank Collective, Western Technology Investment, and Niche Capital.

In December 2021, PlantBaby launched its first product Kiki Milk, the first organic plant-based milk designed specifically for kids. Kiki Milk is made with a blend of organic, whole foods and boosted with nourishing superfoods available in two flavors: Original and Chocolate formulated in partnership with leading pediatrician Dr. Joel "Gator" Warsh and nutritionist Vicki Kobliner, RD.

It is made only from nutrient-rich, plant-based, organic whole foods and contains no additives like refined sugars, gums, GMOs, glyphosate, preservatives, protein isolates, or tree nuts (except coconuts). The organic, whole foods utilized to create Kiki Milk include organic oats, organic hemp seeds, organic sprouted pumpkin seeds, and organic coconuts. Each variation is packed with its proprietary blend of superfood powders with nourishing plants, like organic Aquamin(tm), organic bananas, organic blueberries, and organic spinach.

For PlantBaby Co-Founders Lauren and Alex Abelin, this is the first step to realizing their vision of creating safe plant-based food options for kids. Six months after their son Alakai was born, they needed to find him suitable plant-based, soy-free, and dairy-free infant formula supplements. After researching and feeling dissatisfied with the options available, they sought to create products to suit his needs along with the 40% of kids who have chronic health conditions nationwide who need healthier solutions than the ones offered on the market already.

"Since launching just six months ago, we've seen constant consumer demand," said Co-Founder Alex Abelin. "This fundraising round will support continued research and development of new plant-based culinary innovations and continued growth of the brand to make PlantBaby itself a vehicle to create positive change for children's health and well-being of children everywhere."

"We are thrilled to support the great work being done by Lauren, Alex, and the rest of the PlantBaby team," said Tom Mastrobuoni, Chief Investment Officer for Big Idea Ventures. "The non-dairy space is highly competitive, but the PlantBaby team has created a unique product that features cleaner label ingredients and appeals to the most precious consumers of all, our children."

About PlantBaby:

PlantBaby is a future-forward nutrition movement developing a portfolio of clean-label, organic, plant-based foods, beverages, formulas, and supplements to support children on their nutritional journey from infancy into adulthood. Founded in 2020 on Kauai, Hawaii, PlantBaby is dedicated to restoring harmony in our food and agricultural systems by supporting regenerative agriculture and sourcing climate-friendly crops. PlantBaby is proud to partner with Farmer's Footprint and Planet FWD, two organizations committed to building a healthier Planet Earth.

For additional information, visit https://www.plantbaby.co/, https://www.kikimilk.com/ and @kikimilkco.

About Big Idea Ventures:

Big Idea Ventures (BIV), the most active food technology investor in 2021, is solving the world's greatest challenges by supporting the world's best entrepreneurs, scientists and engineers. BIV develops the most globally strategic funds, delivering significant investor returns while addressing real world challenges. BIV is focused on alternative protein with its New Protein Fund and commercialization of university intellectual property with its Generation Food Rural Partners fund. Learn more: https://bigideaventures.com/.

Related link: https://www.plantbaby.co/

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Advertising and Marketing, Business, Free News Articles, Funding and Investment, Software

TMC Emerging Technology Fund LP Invests in leadPops

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a follow-on round to a recent $3.5M Series A completed by leadPops, a digital customer acquisition software and marketing innovation platform. leadPops allows users to create robust, automated lead-generating systems that drive qualified leads directly to their business. Current leadPops clients leverage tools such as lead funnels, lead-generation websites and in-house managed marketing services to drive and secure high-quality leads with solid conversion potential.

"At leadPops, we believe driving traffic and clicks doesn't matter if you're not converting those clicks into clients, which is why we're thrilled to partner with The Mortgage Collaborative at a time when many mortgage companies need us the most" said CEO and Co-Founder of leadPops Andrew Pawlak. "The TMC Tech Fund's investment will help further accelerate leadPop's growth while allowing us to positively impact the more than 250 mortgage companies that are part of TMC. It's a big win for everyone involved, and the leadPops team is ready to rock."

leadPops was founded in 2011 to help mortgage, real estate and insurance businesses thrive online through optimized conversion. Existing partnerships include the Association of Independent Mortgage Experts (AIME), C2 Financial, Fairway Independent Mortgage, Movement Mortgage, Thrive Mortgage and many more. With more than 3,000 clients nationwide, leadPops was named one of the country's fastest-growing companies in 2021, earning it a place on the Inc. 5,000 list.

"Andrew literally wrote the book on mortgage lead generation and has a profound amount of knowledge and experience in lead generation and management for mortgage, real estate and insurance professionals," said Sandy Selman, Venture Partner for the TMC Emerging Technology Fund. "Andrew has boundless enthusiasm to help his clients succeed and is among that rare breed of entrepreneur in whom we are fortunate to invest."

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC and are responsible for evaluating and investing in companies looking to advance the mortgage industry to the next level. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, contact info@tmctechfund.com. To learn more about leadPops, visit https://leadpops.com.

About The Mortgage Collaborative:

Based in San Diego, CA., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve America's dynamic and changing consumer base. For more information, visit http://www.mortgagecollaborative.com/

Related link: https://www.mortgagecollaborative.com

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Business, Free News Articles, Funding and Investment

AI Radiology and Emerging Medical Technology Venture Capital Investment Group Now Open to Outside Participation

LOS ANGELES, Calif. -- Seventeen-year-old ProNova Partners has been contracted to facilitate the expansion of an Artificial Intelligence Radiology Imaging and emerging Medical Technology Venture Capital Investment Group.

"This venture capital investment partnership was founded in 2018," announced Rick Carlson, CEO of ProNova Partners. "On behalf of their members, they find and invest in game changing, cutting edge, emerging companies specializing in Artificial Intelligence Radiology Imaging and other Medical Technologies."

"The group is owned and operated by three managing partners with broad ranging domain expertise," continued Carlson. "We are very pleased to work with such a qualified group. They are finding and investing at the early stages in firms at the razor's edge of Artificial Intelligence in medical technology." Carlson's company has assisted the expansion or sale of some 400 companies in a wide variety of market segments.

"The investment group has already seen high quality, sector specific deal flow, and boasts of a robust current portfolio of investments in leading edge technologies," concluded Carlson.

"The investment firm's distinguished Managing Partners' combined credentials span venture capital investment expertise. This includes domain expertise in radiology covering a broad range of aspects of radiology and MRI imaging, entrepreneurship, artificial intelligence, and other emerging medical technologies. Their combined knowledge and experience establish them as ideally suited to spearhead the formation of a selected group of physician and non-physician investors plus providing groundbreaking leadership in early stage company investments in the AI/Imaging/Radiology sector."

For detailed information go to: https://pronovapartners.com/engagement/ai-radiology-and-emerging-technology-firm-for-sale/

Related link: https://www.pronovapartners.com/

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Business, Free News Articles, Funding and Investment

America’s ‘Queen of Crowdfunding’ Celebrates 10 Year Anniversary of Helping Pass The Jobs Act of 2012 Into Law

LAS VEGAS, Nev. -- This April marks the 10-year anniversary of the Jumpstart Our Business Startups Act, or JOBS Act which is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations, said Ruth E. Hedges, CEO of Rise Up Crowdfunding. It passed with bipartisan support and was signed into law by President Barack Obama on April 5, 2012.

Back then, the country was filled with hope and change. But has anything really changed for small businesses 10 years later? Ruth E. Hedges certainly thinks it has but she also knows there's still a long way to go.

Ms. Hedges was an integral team member that lobbied for and helped get the JOBS Act passed into law in 2012 ensuring that diverse entrepreneurs get greater access to capital to help them scale, grow and compete for contracts. The JOBS Act of 2012 also helped usher in Regulation Crowdfunding (also known as crowd-investing or investment crowdfunding). It's a method of raising capital used by Startups and early-stage companies.

Essentially, regulation crowdfunding offers the company's stock to the general public in exchange for capital. Each investor is entitled to a stake in the company proportional to their investment.

Hedges is a long-time champion for small businesses, diversity, equity, inclusion and wealth building. Her decades long work in these areas along with her tireless efforts to increase the power of diverse business owners and entrepreneurs across the world, have earned her the nickname: The "Queen of Crowdfunding."

After the JOBS Act passed, Hedges went on to start and run the world's first ever Crowdfunding Conference for seven years drawing attendees from all over the world to learn more about leveraging crowdfunding to help scale their businesses. Now, as the CEO of Rise Up Crowdfunding, she uses her passion and energy to continue manifesting her purpose - increasing the power of diverse business owners and entrepreneurs while simultaneously providing diverse populations a turnkey way to invest in companies that are a part of the New Majority in America.

"We are heading into a world where underrepresented groups are a more significant percentage of the American population, and as this number grows, the need to generate wealth within these communities has become necessary for the country's future," said Hodges.

"We are eternally grateful to President Obama for helping pass the JOBS Act of 2012 in order to help to level the playing field for access to capital for everyone and now, 10 years later, we unequivocally know that if small businesses had more access to capital, more could be done to grow the current batch of small and diverse companies eligible to apply for supplier diversity contracts thereby uplifting communities where those businesses are located through job creation, increased wages, tax revenue, and generational wealth," added Hedges.

Rise Up Crowdfunding is the first funding portal focused on these key issue areas. Created by Ruth E. Hedges in collaboration with the Coca-Cola Company, Rise Up Crowdfunding is a coalition of leaders across industries and organizations committed to ensuring that diverse entrepreneurs get access to capital to help them scale and drive growth within the supplier diversity network. Other key collaborative partners are the National Veteran Business Development Council and the IWEC foundation for women.

April is also national financial literacy month. And, on Tuesday April 26, Ms. Hedges will be speaking on Capitol Hill about the integral role that crowdfunding can play to help small diverse businesses, specifically, Black businesses, scale and grow. Congress is launching the Congressional Caucus on Black Innovation and, given her tremendous expertise in the field of crowdfunding, Ms. Hedges has been asked to present and speak at the launch event. Her speaking engagement will provide an opportunity to contribute to the future policy solutions impacting Black people, with the ultimate goal of the Caucus being to produce an omnibus bill on how to foster Black innovation in America and beyond.

All throughout the month of April, Ruth E. Hedges and Rise Up Crowdfunding will continue manifesting the mission of the JOBS Act of 2012 and bringing to fruition the hope and change that was lobbied for a decade ago in order to help level the playing field for small businesses and diverse entrepreneurs in an unprecedented way.

"Now, more than ever, we should be teaching individuals about the value of financial literacy, economic empowerment and entrepreneurship instead of simply teaching them how to be good at consumption," stated Ruth E. Hedges. "And the Rise Up Crowdfunding platform will accomplish all that and so much more," she added.

Individuals interested in learning more about Rise Up Crowdfunding, Ruth E. Hedges or how they can support diverse businesses, can visit the website at: https://riseupcrowdfunding.com/.

Rise Up Crowdfunding can also be found on the following social media channels: https://www.linkedin.com/company/riseupcrowdfunding/

https://twitter.com/riseupcf

https://www.facebook.com/RiseUpCrowdfunding/

https://www.instagram.com/riseupcrowdfunding/

ABOUT RISE UP CROWDFUNDING:

Rise Up Crowdfunding is a new impactful collaborative equity crowdfunding process to help more Women, Black, and Brown, LGBTQ, Veterans, and all underrepresented minority founders and small businesses gain access to capital from the millions of people who (since the passing of the JOBS Act in 2012) can now invest a small amount of money in a private company online. Rise Up Crowdfunding leverages regulation crowdfunding to quickly reach people all over America that are looking for the capital they need to grow and scale bring their business in order to better compete for supplier diversity contracts or those individuals seeking to become an investor.

Related link: https://riseupcrowdfunding.com/

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Business, Free News Articles, Funding and Investment

Neurosoft Bioelectronics Receives Nearly $3 Million in Funding

NEW YORK, N.Y. -- Neurosoft Bioelectronics, an early-stage company developing tools for unmet needs in epilepsy and tinnitus, was awarded nearly $3 million USD, from the SERI-Funded European Innovation Council Accelerator Grant and a share of the $165,000 USD through the European Research Council Proof-of-Concept Grant. Additionally, the firm secured a $100,000 convertible note from the Fongit Innovation Fund.

Proceeds will fund continued development of the company's soft flexible electrodes to be marketed as SOFT ECoG™, a family of implantable devices which can seamlessly interface with the brain. The novel devices are up to 1000x softer and 2x thinner than clinical electrodes, with integrated electrode sites up to 100x smaller, making them suited for high-resolution recording and stimulation of the brain for up to thirty days. Their conformability and softness make them ideally suited for placement in the sulci of the brain - hard to reach areas of the brain where many disorders may best be treated. The deep folds of a sulcus are inaccessible for other electrodes while SOFT ECoG can be safely and precisely placed for stimulation and recording.

"Given that 70% of the surface of the brain is buried in sulci, it was critical to develop a technology that could safely and effectively work in those spaces," said Neurosoft Bioelectronics' CEO, Nicolas Vachicouras, Ph.D. "We're eager to put these significant funds toward clinical testing and regulatory approval of SOFT ECoG in the upcoming months, which will simultaneously drive progress of SOFT TINNIT. Together, these products have the potential to bring relief to epilepsy, brain tumor, and tinnitus patients, and in the future will impact those living with other neurological disorders such as deafness, blindness, tetraplegia, and chronic pain."

Vachicouras will present an update about the company and technology at the Bioelectronic Medicine Forum in New York today.

Most of the funds are designated for the further development of SOFT ECoG however, the innovations made will simultaneously advance the company's second product, SOFT TINNIT™. SOFT TINNIT is a chronic implant to perform closed-loop neuromodulation of the cortex to provide relief for patients suffering from severe tinnitus. Severe tinnitus, which has no cure, affects more than 7 million people in the U.S. and Europe.

Learn more: https://www.neurosoft-bio.com/technology

About Neurosoft Bioelectronics

Neurosoft Bioelectronics Ltd. is a Swiss medtech spin-off from the Swiss Federal Institute of Technology in Lausanne (EPFL). Neurosoft Bioelectronics develops next generation soft implantable electrodes to interface with the brain for the treatment of severe neurological disorders. Its main product is a fully implantable closed-loop Brain-Computer Interface (BCI) to treat severe tinnitus, a condition that affects 7M people in the US and Europe, of which 7% attempt suicide every year. It is also developing a family of subdural electrodes intended for monitoring during brain tumor and epilepsy resection surgery.

Learn more at: https://www.neurosoft-bio.com/

RELATED LINKS:

https://neurotechreports.com/pages/bioelectronic-medicine-forum.html

Related link: https://www.neurosoft-bio.com/

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Awards and Honors, Business, Free News Articles, Funding and Investment

Nancy Pfund, Pioneering Leader in Impact Investing, Named FWSF Financial Woman of the Year 2022

SAN FRANCISCO, Calif. -- Financial Women of San Francisco (FWSF) today named Nancy Pfund, the Founder and Managing Partner of DBL Partners, as the FWSF 2022 Financial Woman of the Year. DBL Partners is one of the first venture capital firms to bring impact investing into the mainstream. Nancy and her colleagues launched DBL out of JP Morgan in 2008 after seeing increased momentum in the move to social and environmental impact. At DBL (standing for "Double Bottom Line"), Nancy and her team built a firm whose raison d'être is to foster investment with impact. The firm strives to optimize both financial return (First Bottom Line) and positive social impact, including social, environmental and economic benefits (Second Bottom Line) in the regions and sectors in which it invests. Nancy was an early investor in Tesla, SpaceX, SolarCity, and Pandora, among many others.

In addition to her innovation and leadership in building a clean energy future for the planet and putting social impact on the boardroom agenda, Nancy has consistently been an advocate for advancing the participation and leadership of women. Nancy firmly believes that the future will be brighter with a more diverse and representative workforce building it. FWSF shares Nancy's commitment to making an impact, increasing diversity, and advancing women-these are a few of the many reasons why Nancy is being honored by FWSF in 2022.

"Building my finance career in San Francisco over the years," says Nancy, "I have always been struck by the abundance of professional women who lead not only in their own fields, but in proactively helping other women advance in theirs. The Financial Women of San Francisco organization has played a key role in highlighting the importance and accomplishments of Bay Area women in finance, and I am honored to join the ranks of outstanding women who have won this award before me."

Melissa Maquilan Radic, the 2022 President of FWSF and Managing Director of Investor Relations & Capital Markets at IMPACT Community Capital, LLC is particularly excited about this year's honoree. "Nancy Pfund was a leader in the impact investing space long before this type of investing gained the widespread recognition it has today. She is a champion of social and environmental change, both personally and professionally, and is an inspiring role model for women who want to lead in the investment management or impact space. We are so proud to grant Nancy our highest honor and look forward to sharing her insights with the FWSF community."

"When I first started my impact investing journey, it was a lonely place to be," Nancy explained, "Undaunted, and determined to bring the worlds of finance, investment and social and environmental progress together, I relied on the support of early adopters willing to bet on me and on this new vision. Many of these early adopters were women, and women continue to lead in impact today. FWSF embodies the spirit of impact-and its benefits-by steadfastly lifting women up and passing the baton to younger women through its scholarship program that creates the next generation of financial women leaders."

The Financial Woman of the Year award was established in 1996 to celebrate the organization's 40th anniversary. Past FWSF Presidents Leslie Miller and Shelly Porges created the Financial Woman of the Year event with the triple purposes of raising funds for FWSF's scholarship program, increasing awareness of FWSF, and celebrating the careers of senior leaders in finance. Since then, it has provided a platform for high-achieving honorees to share their professional experience with others and to inspire other women in their own careers and ambitions. Nancy joins a distinguished list of former honorees including Jenny Johnson, CEO of Franklin Templeton, Terri Kallsen, Chief Operating Officer at Wealth Enhancement Group, Heidi Roizen, Partner at Threshold Ventures; Robin Washington, former chief financial officer (CFO) of Gilead; Debbie Messemer, former managing partner of KPMG's Bay Area Market; Carrie Dolan, CFO of Kraken Digital Asset Exchange; Sarah Friar, CEO of Next Door and former CFO of Square; and Pat Yarrington, former CFO of Chevron.

About Nancy Pfund

Nancy Pfund is the Founder and Managing Partner of DBL Partners and one of the world's pioneers in impact investing. Through Nancy's passion and leadership, DBL has revealed the power of venture capital to promote social change and environmental improvement. Nancy writes and speaks frequently on the field of impact investing, and she sponsors or sits on the boards of several companies, including; Farmers Business Network, The Muse, Zola Electric, Bellwether Coffee, Spatial, and, prior to their public offerings, Tesla, SolarCity and Pandora. Prior to founding DBL, Nancy was a Managing Director in Venture Capital at JPMorgan, having started her investment career at Hambrecht & Quist in 1984. Previously, Nancy worked at Intel Corporation, The State of California, Stanford University, and the Sierra Club. Nancy received her BA and MA in Anthropology from Stanford University and her MBA from the Yale School of Management.

In September 2020, Nancy was named to the Forbes Impact 50 List of the most notable impact investors. She is also a recipient of the Commonwealth Club 2018 Distinguished Citizen Award and the Earth Day Network 2018 Climate Visionary Award. She was featured as #17 in the 2014 Fortune Inaugural World's Top 25 Eco-Innovators and appeared in Fast Company's 2016 List of Most Creative People in Business.

To learn more about Nancy Pfund's incredible leadership and career, please visit: https://www.dbl.vc/people/nancy-pfund/

About DBL Partners

DBL Partners was formed with a "Double Bottom Line" investment strategy to invest in companies that can deliver top-tier venture capital returns (First Bottom Line), while working with companies to enable social, environmental, and economic improvement in the regions in which they operate (Second Bottom Line).

DBL Partners uses venture capital to accelerate innovation in a way that positively affects an organization's social impact, as well as its financial success. DBL strongly believes that these two drivers-positive social change and healthy financial performance-are inherently connected. DBL invests and helps nurture outstanding entrepreneurs and companies in Cleantech, Information Technology, Sustainable Products and Services and Healthcare.

For more information about DBL Partners, please visit: https://www.dbl.vc/

About Financial Women of San Francisco

The Financial Women of San Francisco seeks to advance the success of women in finance and financial services and to be a source of insight and inspiration to financial women executives and managers throughout the Bay Area. In addition to the FWSF's professional organization focused on advancing women, since 1985, the FWSF Scholarship Fund (a 501(c)(3) organization) has awarded more than $2.7 million in scholarship grants to more than 325 Bay Area women. Beyond financial support, FWSF scholarship recipients are mentored by FWSF members, become members of the organization, and attend career development and networking events.

For more information, please visit https://financialwomensf.org/ or follow Financial Women of San Francisco on LinkedIn, Facebook and Twitter.

Related link: https://financialwomensf.org/

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Business, Free News Articles, Funding and Investment

Applications are open for the second year in a row at this Arizona-based accelerator built for female founders 40+

PHOENIX, Ariz. -- RECREATE Now LLC is taking applications for its second cohort in Arizona and it's first cohort in San Francisco, California to help aspiring women entrepreneurs build and launch their idea. Following an expansion into the Bay Area, the Arizona-based organization is aiming to support the underserved market of women over 40 who are transitioning from the corporate world and wanting to start their own business or non-profit without being surrounded by twenty-something tech bros.

* Even as millions of women in the U.S. quit their jobs, women over 40 are still an underserved demographic in the entrepreneurship community

* Start-up funding for female founders is on the rise for both for-profit and non-profit sectors

* The deadline to apply for the Recreate Action Tank is March 1, 2022

Coming from the world of executive coaching and corporate training on Diversity and Inclusion, Recreate Co-founder Melissa Lamson knows how to identify a gap in the market. Even with nearly 40 million people leaving their jobs in 2021 and a clear rise in entrepreneurship, she hasn't found an accelerator tailored to the uniqueness of women over 40-so she built one.

"I've seen so many women hesitate on their own ideas, and not having the guidance they need means those ideas fall by the wayside. We want to give them a chance by surrounding them with extraordinary women who have done it before and who are doing it now," says Lamson.

With full-day sessions led by big-name entrepreneurs like Heidi Jannenga of WebPT and Courtney Klein co-founder of SEED SPOT, among other talented women, the accelerator aims to nourish the founders with a cohort of talented women building alongside them.

Encouraging this new wave of female founders, the Recreate Action Tank is in partnership with the Arizona Commerce Authority and has been sponsored by Carvana, Bank 34 and Blue Cross Blue Shield.

"We curate the tools, practices, connections, and funding opportunities - everything these women need to give their business idea or non-profit a chance to thrive," says Lamson, "It's not just about teaching or lecturing, it's about taking action with a core community to support you."

To learn more about the program or to apply, visit https://www.recreateactiontank.org/

Related link: https://www.recreatenow.org/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Funding and Investment, Software

TMC Emerging Technology Fund LP Invests in Capacity

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $38M Series C investment round for AI Software, LLC dba Capacity. Capacity is an AI-powered support automation platform that connects into an organization's tech stack to answer questions, automate repetitive support tasks, and build solutions to any business challenge.

"The TMC Emerging Tech Fund's commitment to innovation in lending makes it a great partner for Capacity. We share the belief that technology has the power to improve the loan origination process and value their investment in our efforts to help people do their best work with support automation," said David Karandish, Founder and CEO of Capacity. "By tapping into the insights of TMC members, we can optimize how our AI-powered platform serves the needs of the mortgage industry, helping them centralize their knowledge, streamline workflows and automate repetitive tasks to meet the needs of their customers in today's environment."

Capacity provides mortgage lenders with a single platform to automate customer support and internal business processes. The platform boasts a more than 90% success rate in answering all prospective and current borrower inquiries automatically via conversational AI, and its no-code/low-code design, powerful workflow automation suite, robust developer platform and flexible database enables graceful human handoffs when necessary and intuitive task management. With Capacity's AI-powered support automation platform, lenders can enhance their user experience while streamlining operations, resulting in an 11-day improvement in closing times over the national average of 47 days.

"As mortgage tech enters its next evolution, companies like Capacity and its software represent a key next step in creating a more modern, tech-enabled mortgage operations process. Using best-in-class AI, Capacity helps mortgage lenders ease friction points and reduce costs within their operations, resulting in a less expensive and more streamlined borrower experience. We are thrilled to support Capacity on its journey and look forward to seeing the additional innovations it can deliver," said Jonathan Freed, Lender Engagement Director of the TMC Emerging Technology Fund.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

Related link: https://www.mortgagecollaborative.com

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