Archive for July, 2019

Woman-led Indonesian Impact Enterprise Krakakoa raises funding to improve social and environmental resilience through chocolate

SINGAPORE AND INDONESIA, 25 July 2019 – Indonesia-based impact enterprise (IE) Krakakoa—a woman-led bean-to-bar chocolate maker—has raised funding from Singapore-based investors IIX Growth Fund and LIC VC, as well as individual impact investor and co-founder of SYSTEMIQ Jeremy Oppenheim. Impact Investment Exchange (IIX) led the investment round. On track to break even by 2020, Krakakoa will use the funding to provide 1,000 smallholder farmers and 20 female factory workers with sustainable livelihoods, and avoid over 64,000 kg of chemicals through environmentally-friendly farming methods.

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Indonesian bean-to-bar choco maker Krakakoa raises funds from IIX, others – Tech In Asia

Krakakoa, a bean-to-bar chocolate maker based in Indonesia, has raised an undisclosed amount from Singapore’s Impact Investment Exchange (IIX) through its IIX Growth Fund (IGF) as it gears up for a series A round in 2020.

Ladies Investment Club VC and Jeremy Oppenheim, co-founder of advisory and investment company Systemiq, also participated in the fundraise, according to a statement.

Krakakoa aims to support Indonesian smallholder cocoa farmers by directly sourcing from them and offering them training programs. It also works with female factory workers to provide them with a stable livelihood.  READ MORE

How Japan Airlines Is Pushing For Gender Equality Within and Beyond Its Walls – Singapore Tatler

This Japanese carrier leads the charge in championing the cause by supporting events such as the She Is More Youth Art Competition in March

Japan Airlines (JAL), one of the country’s major flag carriers, showed its support for gender equality in society when it came in as a major partner of the She Is More Youth Art Competition. The inaugural competition, of which Singapore Tatler was an exclusive luxury media partner, was organised by IIX Foundation, the sister entity of global organisation Impact Investment Exchange (IIX)READ MORE

IIX and UN Women partner to unlock billions in capital for millions of underserved women

SINGAPORE AND NEW YORK, 10 July 2019 – UN Women—the UN organization dedicated to gender equality—has partnered with Impact Investment Exchange (IIX)—a global organization dedicated to changing financial systems and creating innovative solutions to women’s empowerment to mobilize large-scale capital to empower underserved women through innovative finance.

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Want to invest responsibly? A new breed of stock exchange aims to help – Reuters

LONDON/NEW DELHI (Thomson Reuters Foundation) – From renewable energy companies to social housing funds, investors around the world are increasingly drawn to organizations that offer social or environmental as well as financial returns.

Now, a new breed of market is springing up from Scotland to India to help them identify investment opportunities – and make it easier for organizations that seek to do good to raise funds.  READ MORE