Impact Engine Launches $10M Fund, Betting Capitalists Can Do Well While Doing Good

This article features a new $10m fund, backed by a group of successful investors in Chicago that want to prove that capitalists can do well while doing good. The fund is a next step for Impact Engine, which launched as an accelerator in 2011, and has had 23 startups go through the program to date. Impact Engine has invested nearly $700k in these companies, which have then gone on to raise $32.4b in VC funding.