This week: What Canada’s first state of social enterprise survey in 10 years reveals, UK impact leaders celebrated in King’s Birthday Awards, 50 Europeans impact startups to watch announced, and more.
Investments in impact startups decline for a fourth year in a row despite a healthy growth in the broader VC market, as investors shift their focus to defence and AI – and leave some impact areas sorely underfunded.
From tracking underwater creatures to optimising crop yields, many entrepreneurs now use AI to tackle environmental challenges. But, with much uncertainty – and concerns about AI’s negative impact – they’re entering unknown waters.
Venture capital funding towards impact startups continues a sharp downward trend as VC investors lose appetite for climate tech, the latest Dealroom figures reveal.