ONE WORLD Fund Doubles Bay Area Target for Impact Investments

Palo Alto, CA, December 13, 2018 --( ONE WORLD Impact Investments announces a multi-year commitment to extend its investment into Bay Area based social impact startups. The fund has been in operation since 2016, and has 16 companies in its portfolio. According to ONE WORLD Founder & CEO Scott Saslow, “I am pleased to announce additional capital to support the critical work that the Bay Area entrepreneurs are doing to leverage for profit businesses to address social and environmental issues.” According to Saslow, the fund will seek to invest in at least an additional 15-20 companies in the future, as well as support existing portfolio companies with follow on rounds.

The fund today supports companies in a variety of industries, including sustainable energy, healthcare, education, and companies designed to strengthen local communities. The CEOs in the portfolio represent a diverse set of backgrounds, with 50% of the portfolio led by female CEOs, and 12% of the portfolio led by African American leaders. 1st generation immigrants also represent 12% of the portfolio.

One of first investments is in Pasture Map, a technology company that helps farmers to better manage their grasslands and increase profitability while simultaneously capturing carbon to help address climate change. According to its CEO Christine Su, “The ONE WORLD fund is a unique and valuable asset to the Bay Area startup ecosystem; in a land of many traditional VC funds that overlook the opportunity to drive financial returns and a positive social impact, ONE WORLD is among the few that see this opportunity.”

Impact investing continues to gain significance for all types of wealth owners- including traditional limited partner investors, family offices, foundations, and endowments. 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 set up dedicated impact investing practices.

Rajiv Parikh, who serves as an Advisor to ONE WORLD and has co-invested along the fund as part of its syndicate of investors stated, “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 investment opportunities.”

Additional information is available 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 companies.
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