|Description||Seed investor in mobile & clean tech.|
Invested Development is an impact investment fund manager investing in seed-stage, for-profit social enterprises with innovative solutions to poverty in mobile technology and alternative energy. The technologies must create an impact for the underserved in emerging markets, including but not limited to Asia, Africa, and Latin America.
Invested Development believes that innovative technology can contribute to the reduction of global poverty. Despite real progress and impact, decades of international aid and donor-supported programs have left nearly 1.5 billion people in abject poverty. ID recognizes that we must merge the heart of the social sector with the efficiency of the free market to finish what they started.
Why Mobile Technology?
Mobile communications have experienced the fastest adoption of any technology in history. There are over five billion mobile phones in the world. Even in emerging markets, mobile penetration has been on an explosive climb in the last five years.
We invest in mobile transaction systems that leverage the high mobile penetration rates for scale and impact. Mobile transactions systems can extend access to information and financial services and provide opportunities for social networking and participation to underserved populations.
Why Alternative Energy?
Over 1.4 billion people in the world live in energy poverty. This means that they have no access to electricity, or their energy source is unsafe and unreliable. Consequently, over 500 million mobile phone users cannot keep their phones charged. For these reasons, we seek to invest in storage, management, and harvesting solutions that are a safe and sustainable alternative to the grid or kerosene. Micro energy systems provide energy at the human, household, and small village scale to populations beyond the reach of reliable grid energy or safe alternatives.