Telus Pollinator Fund for Good is equipped with $76.5m to invest in developers of technology that can promote positive social and environmental impact.
Canada-based telecommunications company Telus launched a C$100m ($76.5m) impact investment fund yesterday called Telus Pollinator Fund for Good.
The vehicle will target early-stage companies in Canada developing digital healthcare technology as well as products that can encourage environmental sustainability, responsible agriculture and social and economic inclusion.
The first three recipients of capital from the fund are microfinance scheme Windmill Microlending, impact investment fund Rhiza Capital and Tidal Vision, a developer of chemicals based on the chitosan biopolymer found in crustaceans.
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