The company’s Pollinator Fund for Good, which launched last November with a $100-million commitment, has made investments in 10 companies, including Californian plant-based milk company Goodmylk, Montreal-based beehive tracker Nectar and Toronto-based home-care platform Gotcare—which were all announced Tuesday. (The Logic)
Talking point: Sixty per cent of the fund’s investments are based in Canada, according to its first impact report. Half of the companies it invested in are led by Indigenous and racialized people, while 40 per cent are led by women, the report states. The fund looks to make early-stage investments in “financially compelling” businesses with the ability to scale and deliver impact, with a focus on agriculture, health care, the environment and inclusive communities.