UNICEF Venture Fund: Growth Funding
The UNICEF Venture Fund is launching its new strategy to provide Growth Funding to accelerate more promising open-source solutions and support their positioning for sustainable investment. The UNICEF Venture Fund is a $35M+2527ETH+8BTC pooled fund – the first financial vehicle of its kind in the United Nations – investing in early-stage, open-…, Why the UNICEF Venture Fund is launching new funding tiers, Only 10% of private capital investment goes into emerging markets. Issues related to currency devaluation, consumer volume, and the perception of heighted risk lead to investors’ lack of demand and confidence, and the COVID-19 pandemic has driven these already-struggling emerging market funds to close – 51% liquidated in 2020 . Early-stage…, Growth Fund Companies, Jalaisa, 12, and her brother Jarrer, 13, look at a phone in the tented evacuation site where they currently live with their family, on the outskirts of the city of Marawi, Province of Lanao Del Sur, Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), Philippines. UNICEF/UNI217238/Kokic, Acceleration Funding: Thinking Machines, Thinking Machines (Philippines) harnesses powerful artificial intelligence to mine alternative digital data sources such as satellite imagery, social media, e-commerce data, and crowdsourced maps, collecting valuable, actionable insights on socioeconomic conditions, infrastructure reach and quality, and environmental conditions to help any …, Bridge Funding: Pixframe , Pixframe (Mexico) develops game-based learning tools to promote the development of children, young people, and adults through innovation and technology. Pixframe has developed MatematIA, which was piloted in collaboration with UNICEF Mexico, and Towi, a cognitive assessment formed by a series of mini training games to develop cognitive skills,…, Bridge Funding: Weni, Weni (Brazil) has built a platform that uses Natural Language Processing (NLP) to support multiple languages and an open database, enabling collaboration across organisations and allowing users to create chatbots. Weni uses artificial intelligence (AI) to generate conversations that flow more naturally, creating a more human-like experience. With…, Bridge Funding: Somleng , Somleng (Cambodia) is an Open Source Cloud Communications Platform that enables communication across people and communities, without the need for internet connectivity. Using interactive voice response (IVR) and several open source applications, Somleng provides local delivery of SMS and calls at a fraction of the cost of other commercial…, Bridge Funding: StaTwig , StaTwig (India) leverages blockchain to improve food and vaccine distribution systems, making them more efficient and transparent with a layer of accountability. Through their platform, stakeholders – from consumers, producers, distributors, regulators, to financers – are connected via tamper-proof, open ledgers, resulting in a completely…, Bridge Funding: Dymaxion Labs , Dymaxion Labs (Argentina) uses AI-powered geospatial analytics to survey large areas, helping better equip decision makers toward informed public policy. Their platform and open source libraries allow users to create bespoke machine learning (ML) models to track objects in satellite and drone imagery on the cloud, simplifying the process for users…, Bridge Funding: Atix Labs , Atix Labs (Argentina) specializes in building digital products that require blockchain or artificial intelligence (AI) implementation, successfully building solutions on decentralized identity, asset tokenization, DeFi, DAOs, digital signatures, and more. During their investment period with the UNICEF Venture Fund, Atix Labs launched an open…, Bridge Funding: Rentadrone, Rentadrone (Chile) develops solutions using machine learning, thermal, and multispectral imagery to detect, classify, and organise errors and damaged modules in solar power plants, with the goal of increasing energy efficiency and improving performance of solar farms. They have also developed AI Agro, which enhances the quality and productivity of…, Bridge Funding: Comunicación Aumentativa, Comunicación Aumentativa (Chile) developed the OTTAA Project, an AI-powered alternative and augmentative communication (AAC) assistant for children with speech impairments to communicate their basic needs and express their feelings. It uses environmental data and a powerful AI algorithm that, in combination with a pictogram-based communication…, Bridge Funding: Angaza Elimu, Angaza Elimu (Kenya) developed an AI-powered digital learning platform that delivers personalised, mastery-based learning experiences and provides adaptive assessment, thus amplifying teacher-student engagement. This tool works offline, allowing users in areas with low connectivity to benefit from the platforms. Low connectivity, stagnant…, Bridge Funding: Bioverse Labs, Bioverse Labs (Brazil) uses drone imagery and machine learning to identify and map non-timber species of trees that are economically viable for supporting traditional modes of income generation for indigenous populations, thereby contributing to the sustainability of the Amazonian ecosystem. To strengthen its relationship with new partners and…, Bridge Funding: Dronfies Labs, Dronfies Labs (Uruguay) has developed an Unmanned Traffic Management (UTM) system that supports real-time data sharing for airspace management and multiple drone operations coordination, including during emergencies such as natural disasters. It also provides support to drone delivery operations, such as medical delivery, as the system is…