Kat Taylor started a bank, a venture capital firm and an agribusiness to use capitalism’s toolbox to fight systemic racism, environmental destruction and economic inequality. That's when Taylor started thinking about the need for an integrated impact capital strategy—including not just lending and philanthropy, but venture capital investing too. So Taylor started making a few venture capital investments through the foundation that owned Beneficial—for example, putting money into a Black-led clean energy fund. She pulled together a team of four partners, including herself, and put some $25 million in for-profit Radicle Impact. “Just like the bank is trying to change the banking system for good, Radicle is trying to be a good venture firm with aligned values,” she says.

Source: Forbes October 09, 2020 10:30 UTC