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In 2020, we were busy here at Incite.org:
$6M deployed
26 investments
46% women led organizations
23% diverse founders
47% investments outside of SFBA
127% funds raised for San Francisco Marin Food Bank Match Campaign
We are so proud of our community of Incite entrepreneurs, who recalibrated their teams to operate during the pandemic, reckoned with the need for equity and justice, and found joy along the way.
And, now, it’s a new year. Like many of you, we are eager to begin a new chapter in America. Thank you to everyone who has worked tirelessly to get us here – with a special shout out to our grantees at Vote.org, Fair Fight Action, Arena and the Center for Tech and Civic Life!
The events at the Capitol last week remind us that we have so much more work to do. We encourage you to stay engaged, to take care of yourself and to remember that civic engagement requires a long-term commitment and stamina. It's been exhausting of late, so be sure to find a moment to rest and restore.
We all have a part in making our countries and world better – whether through civic engagement or what we’re building in our companies and organizations. Let us greet this new year with renewed energy and hope.
Warmly,
Team Incite
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Enjoy this fireside chat featuring our very own Matt Rogers, in conversation with Ilan Gur, about Matt's entrepreneurial journey, including his current work with Incite.org and Chewie Labs.
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| Biden Administration Names Incite-Backed Leaders to Leadership |
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We are so thrilled to see the new leadership that will take over the White House in 8 days (we’re counting down) appoint leaders who will bring about effective change in their respective fields:
Pete Buttigieg, Secretary of Transportation – as mayor, he spearheaded a number of infrastructure projects. The role of transportation secretary is expected to play a central role in Biden's push for a bipartisan infrastructure package.
Jen Granholm, Secretary of Energy – a proven expert in translating climate change innovation into job creation. We got to know Jen at American Jobs Project and were so impressed by her leadership and subsequent impact. She is the smart pick to create jobs and to help save our planet.
Ali Zaidi, Deputy National Climate Advisor – a longtime friend of Incite and advisor to President-elect Biden on climate matters, he brings a cross-sector and multidisciplinary experience needed to deliver a whole-of-government response to the climate crisis.
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Monarch Tractor introduced the world’s first fully electric, driver optional, smart tractor integrated on a single platform.
Farmers today face numerous challenges including labor shortages, effects of climate change, safety concerns, increased customer scrutiny for sustainability demands, government regulations, and more.
Monarch Tractor addresses these issues by combining electrification, automation, machine learning, and data analysis to enhance farmer’s existing operations, increase labor productivity and safety, and maximize yields to cut overhead costs and emissions...KEEP READING.
At Incite, we invested in Monarch Tractors, because they have created an amazing and exponentially earth-friendly alternative for farmers.
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AMP Robotics, a Denver, Colorado-based startup creating robotic systems that sort recyclable material, announced it has closed a $55 million series B funding round led by XN. The startup says it will use the funds to scale its business operations and develop AI product applications that integrate into materials recovery facilities to increase recycling rates for its customers.
AMP Robotics says that as of April, its platform had processed over a billion recyclables across installations in over 20 states, which the company claims translates to a reduction in greenhouse gas emissions of approximately half a million metric tons...KEEP READING.
AMP Robotics is the future of recycling and the answer to a huge problem in that industry. We’re super excited to partner with Matanya and his team and we look forward to more facilities adopting the AMP Robotic systems!
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As the tower of boxes that piled up in our recycling bins during the height of quarantine illustrated, e-commerce needs a leaner and more sustainable shipping solution.
Enter Zero Grocery, a Berkeley, California-based plastic-free and zero-waste online grocer (it even collects the reusable jars from shoppers once they’re empty)...KEEP READING.
We really, really love this company, its founder and the guiding mission – and we are customers, too! The Bay Area is only the beginning for Zero Grocery.
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Since its inception as a COVID-19 therapeutic company back in March, the team at ANA Therapeutics has been tirelessly working to prove out a proprietary formulation of niclosamide for coronavirus treatment.
Just this last week, ANA Therapeutics was acquired by NeuroBo Pharmaceuticals, a biotechnology company.
"We are delighted to join with the NeuroBo team in order to bring ANA-001 to the millions of patients infected with COVID-19. NeuroBo has the leadership and platform to support the accelerated development of this important compound as a potential treatment for this viral pandemic," said Akash Bakshi, Chief Executive Officer of ANA Therapeutics...KEEP READING.
When we invested in ANA Therapeutics in early March, we, like many of you, were eager to help in any way we can. Now, nearly a year later, we couldn’t be more excited to be this much closer to the ANA team developing a life-saving therapeutic.
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| Upcoming Virtual Incite Events |
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1/13/2021 @ 2pm EST
1/27/2021 @ 5pm PST
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Meet Jennifer Carroll Foy, hosted by Swati
RSVP HERE
Fertility 101 with Kindbody
RSVP HERE
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Cover Photo by Sincerely Media on Unsplash
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