Minderoo Foundation launches $100 million women-led strategic impact fund

Impact Alpha

Minderoo Foundation has invested in six entities to date, including Toronto-based Ulula, which makes software to help companies engage workers in their supply chains; Ocean 14 Capital, a London-based manager investing in the blue economy; Singapore-based circular economy investor Circulate Capital; and Humanity United’s ethical supply chain fund Working Capital.

“All investees are required to regularly report on impact metrics that align to the foundation’s goals,” said Minderoo’s Felicity Gooding. “In some instances, our returns are even contingent on social outcomes being delivered.”

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