Home
Focus Areas
About Us
Sweden's Trill Impact has made its first venture fund a success with the final close of its $90 million fund.
The fund, the first of its kind in Europe, was backed by institutional investors across Europe, with financial services group Nordea and Swedish state-owned venture capitalist Saminvest being the biggest investors, reports Quartz.
The fund is investing in life sciences and green tech companies developing solutions to future health and environmental challenges.
The portfolio companies include Open Cosmos, a European producer of small satellites, and Cinclus Pharma, a Swedish clinical-stage pharmaceutical company focused on the development of a novel treatment for gastroesophageal reflux disease.
"The fundraising environment for venture capital has been undeniably challenging lately, with a cautious sentiment and lower risk appetite across markets," says Johanna Levander, partner and head of investor relations at Trill Impact Advisory.
"We are therefore extra proud to have completed this fundraise while at the same time building a portfolio of what we see as very promising scale-ups."
Trill Impact has raised more than $1.3 billion since it was founded in 2019 and has invested in three categories: impact private equity, impact ventures, and impact ventures.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The UK's ban on junk food advertising could have a big impact on the food industry: It could force companies to come up with healthier recipes, reports Food and Drink Digital. "In the context of...more
A team of physical therapists at the University of Texas Southwestern has won the first-place prize in the school's AI Innovations Challenge for a product that uses artificial intelligence to...more
The American Foundation for Suicide Prevention has released its annual list of the country's most suicidal people, and the top 10 include a man who killed himself, a woman who took her own life, a...more
In the wake of Hurricane Helene, Georgia's Mercer University School of Medicine and its Georgia Rural Health Innovation Center are holding a supply drive for rural communities affected by the...more
It's been more than a month since a gunman massacred 12 students at Marjory Stoneman Douglas High School in Parkland, Fla., and the school district is still trying to figure out how to prevent a...more
Foundation: Citi Foundation
The Financial Health Network has found that only 30% of Americans are financially healthy, and Citi Foundation is looking for new ways to help those figures rise. It's putting $25 million toward...more
Oct. 10 is World Mental Health Day, and it's a good time for philanthropists to reflect on the critical need for more mental health research, reports Inside Philanthropy. The site notes that...more
India lost one of its most iconic business leaders today with the death of Ratan Tata at the age of 95, reports the Times of India. The former chairman of the Tata Sons conglomerate was known for...more
Gen Zers and millennials are giving away more than their parents did, according to a new study from Bank of America. The survey of more than 1,000 donors with more than $3 million in investible...more
If you're a millionaire under the age of 43, you might want to think twice about giving to a charitybecause you're more likely to volunteer, fundraise, and act as a mentor than you are to give...more
Social Entrepreneurship
Spotlight
First Benefit Corporation in Afghanistan Brings People Hope
Roshan, the first telecommunications company that transformed the “luxury” of a phone call in Afghanistan into an everyday convenience, became the first-ever, certified Benefit Corporation in the Middle East.
