Fund [noun]

Crista Galli Ventures, a new early-stage health tech fund in Europe, officially launched last week.

Thus far, its funds have primarily come from grants and bootstrapping.

They’re starting a new fund together now, though, to stay involved as cofounders of more startups.

Eventually, a larger minority-owned business bought them out, resulting in a win for the business, the fund, and the Detroit community.

Lynne and Marc Benioff have given $1 million to help anchor the fund, as has the foundation of New York philanthropists Elizabeth Elting and Michael Burlant.

It also wants Facebook to commit 5% of its annual revenue to an independently administered fund to support groups working on the fight against racism and hate.

In late March, prime minister Modi announced the formation of a special fund to address the emergency situation caused by the Covid-19 pandemic.

I wanted to have partners that could help me when things got rough so I chose to partner with funds and angels who were operators.

The PBC model shifts power to socially responsible investment and index funds that focus on the long term and cannot gain from unsustainable approaches to growth that harm society.

The risk is overheating the economy rather than running out of market funds.