As late as the mid-noughties, it was almost inconceivable to marry together the idea of generating a positive ‘impact’ on the planet or society while simultaneously making a profit. But as the list of successful impact tech companies gets longer, the venture capital industry has shown a growing interest in impact investing. So much so that the ‘impact tech’ sector has grown by 64 per cent since the end of 2020. This trend is encouraging, but the lack of clear regulation has led to an increase in VCs labelling themselves…
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