Karma Impact investing news - advancing people, planet, and profits.

Est. 2017 | New York, NY

Mission: Provide news and insights in order to advance people and planet through financially sound business strategies.

“We want to create a market solution that transforms #tourism from a problem into an opportunity for local communities.”...
07/19/2019
Fairbnb Aims to Be Ethical Alternative to Airbnb - Karma Impact

“We want to create a market solution that transforms #tourism from a problem into an opportunity for local communities.” - Emanuele Dal Carlo, a co-founder of Fairbnb.coop, said in an interview with Karma.

Full #Infrastructure summary by Karma contributor, Peter S. Green → http://bit.ly/2M3lbRh
#realestate #traveling #travel

Some of Europe’s most beautiful cities are being overrun by tourists renting through websites including Airbnb, Expedia’s HomeAway and VRBO, destroying the character of neighborhoods and overwhelming local infrastructure. A group of Italian-based social entrepreneurs say they have found a better...

The Finimize app builds on the company’s effort to teach #moneymanagement to a community that is mostly single, without ...
07/19/2019
Finimize App Seeks to Build Community Among Newsletter Readers - Karma Impact

The Finimize app builds on the company’s effort to teach #moneymanagement to a community that is mostly single, without children or and whose #finances are uncomplicated. It’s part of an overall trend among #fintech firms to simplify investing for a #tech-savvy generation.

Full #Media summary by Karma contributor, Ambreen Ali → http://bit.ly/2Sr8SzJ
#financialtechnology #financialmarketing

Finimize, a newsletter offering financial advice for millennials, has launched a new app on Thursday, making a shift from a financial content distributor and venturing deeper into the crowded financial literacy space. The app will teach finance in a step-by-step manner much the same way the popular....

The #startup property insurer wants to shake up the industry, pitching love, charitable contributions and #customerservi...
07/19/2019
Startup Lemonade Tries To Be The Property Insurer Consumers “Love” - Karma Impact

The #startup property insurer wants to shake up the industry, pitching love, charitable contributions and #customerservice. Whether that’s enough for the New York-based Lemonade to steal customers from State Farm, Berkshire Hathaway or Liberty Mutual remains to be seen.

Full analysis by Karma contributor, Jonathan Berr → http://bit.ly/2XTg7pW
#propertyinsurance #financialservices #fintech

If you’ve never been in love with an insurance company, Lemonade is looking to change that.  The startup property insurer wants to shake up the industry, pitching love, charitable contributions and customer service. Whether that’s enough for the New York-based company to steal customers from St...

Hyundai’s #investment in Aryballe highlights digital olfaction technology’s growing promise in the #automobile industry ...
07/19/2019
A Digital Nose? Hyundai Spends Millions on Smell Sensors to Keep Drivers Safe - Karma Impact

Hyundai’s #investment in Aryballe highlights digital olfaction technology’s growing promise in the #automobile industry as #carsharing services and #selfdriving cars push for better user experiences and safety.

Full #Infrastrucure summary by Karma's Scarlett Kuang → http://bit.ly/2SpESE3
#transportation #automobiles

With the spread of sensors that help drivers see more, Hyundai Motor Co. is getting behind the idea that another nose might keep us safer. The South Korean car maker’s $7 million investment in Aryballe, a French maker of cell phone-sized odor sensors, highlights growing interest in sensors that de...

Use of #artificialintelligence to create #deepfake videos and falsified pornography may hamper #AI advancement as govern...
07/18/2019
DeepNude Code Ban Spotlights the Dark Side of AI and Deepfakes - Karma Impact

Use of #artificialintelligence to create #deepfake videos and falsified pornography may hamper #AI advancement as governments and regulators face pressure to restrict the technology in the interest of Internet safety.

Full summary by Karma's Macy Muirhead → http://bit.ly/2JKI09O
#media #smartnews

Things really do last forever on the Internet, especially the smut. The latest example is DeepNude. Code-sharing website Github recently removed the code, which used artificial intelligence to transform innocuous photos of women into porn, from its platform, according to Vice’s Motherboard. The ap...

While Elon Musk’s brain implant company, Neuralink, has announced plans to begin human patient tests before the end of n...
07/18/2019
Musk’s Neuralink Promises Innovation But Requires Trust and Proof - Karma Impact

While Elon Musk’s brain implant company, Neuralink, has announced plans to begin human patient tests before the end of next year, experts believe proving the technology’s competence may take longer.

Summary by Karma's Keshav Pandya → http://bit.ly/2SqClJR
#Healthcare #biotech

While Elon Musk’s brain implant company, Neuralink, has announced plans to begin human patient tests before the end of next year, experts believe proving the technology’s competence may take longer. In an event yesterday, held primarily for recruiting more talent on the Neuralink team, Musk stat...

#PlantBased faux-meat #startups are all the rage with Wall Street, but long-established #vegetarian brand Kellogg's Morn...
07/17/2019
Kellogg’s Stealth Brand in Plant-Protein May Boost Company Fortunes - Karma Impact

#PlantBased faux-meat #startups are all the rage with Wall Street, but long-established #vegetarian brand Kellogg's MorningStar Farms may be in the best position to cash in on the craze.

Full #Infrastructure article by Karma contributor, Ambreen Ali → http://bit.ly/2XQJpFN

Plant-based faux-meat startups are all the rage with Wall Street, but long-established vegetarian brand Kellogg’s MorningStar Farms may be in the best position to cash in on the craze. Beyond Meat and Impossible Foods have made investors happy with rising stocks and rich IPOs. Not so much Kellogg....

Dreamlight Tech is rolling out its new #meditation sleep mask in a growing market for relaxation devices funded by priva...
07/17/2019
Dreamlights Pitches Zen Sleep Mask in Crowded Meditation Tech Market - Karma Impact

Dreamlight Tech is rolling out its new #meditation sleep mask in a growing market for relaxation devices funded by private capital, while at the same time fending off criticism of the equipment’s effectiveness over the long run.

Full #Healthcare summary by Karma's Keshav Pandya → http://bit.ly/2Y36h4b

#diagnostics #audiology #sleeping

Dreamlight Tech is rolling out its new meditation sleep mask in a growing market for relaxation devices funded by private capital, while at the same time fending off criticism of the equipment’s effectiveness over the long run. The Dreamlight Zen, which pulses orange light with synchronized audio ...

Because of #streaming, the amount of outlets available has significantly increased the number of shows that can be produ...
07/17/2019
PBS Kids’ First Indigenous-Led Show Highlights Challenges in Bringing Diverse Storylines - Karma Impact

Because of #streaming, the amount of outlets available has significantly increased the number of shows that can be produced. This creates opportunities to invest in #production companies and independent creators developing and producing storylines with diverse characters.

Full #Media summary by Karma's Macy Muirhead → http://bit.ly/2LrUZ3w

#television #mediamarketing

The first nationally distributed childrens’ TV show led by an indigenous character has arrived on public television, thanks in part to healthy funding and demand for a wider range of ethnicities and types. PBS Kids aired the first episode of “Molly of Denali” on Monday morning. The educational...

The #Alexa integration will help patients determine whether they require in-person care from a #healthcare professional....
07/17/2019
Amazon Alexa’s U.K. Health Partnership Speaks to a Voice-Assisted Future - Karma Impact

The #Alexa integration will help patients determine whether they require in-person care from a #healthcare professional. In Great Britain, the average appointment with a general practitioner lasts about eight minutes. Better triaging may free doctors to spend more time treating patients with more complex needs.

Full #Media article by Karma contributor, James O'Malley → http://bit.ly/2xQesSz

#voice #AI #amazon

When people in the U.K. ask Amazon’s Alexa health questions, they’ll get an answer from the country’s National Health Service. For example, ask “What should I do to stop a headache?” and Alexa will read off a list of the symptoms and suggest potential remedies from NHS’s conditions and m...

An immigrant-led company, whose founders experienced the difficulties of starting their own businesses, are trying to sm...
07/17/2019
Unshackled Ventures Aims to Solve the Unique Challenges of the Immigrant Founder in America - Karma Impact

An immigrant-led company, whose founders experienced the difficulties of starting their own businesses, are trying to smooth the path for others hoping to realize their #entrepreneurial dreams. That’s the goal of Unshackled Ventures.

Full #FinancialServices article by Karma contributor, Michael Moran → http://bit.ly/2JMYYnU

From founding groundbreaking companies to fueling the workforce and reinvigorating neighborhoods, immigrants have shaped the U.S. economy since it began. While coming to the U.S. has brought a better life for many, hurdles remain for immigrants, particularly for those seeking to start companies.  A...

“What we see is a lack of services or a range of #games providing an experience for the lapsed hardcore player or that c...
07/17/2019
Pixion Wants Bring “Lunchtime Esports" to Everyone - Karma Impact

“What we see is a lack of services or a range of #games providing an experience for the lapsed hardcore player or that casual player looking for a more core experience,” Kam Punia, founder and CEO of Pixion Games, told Karma.

Full #Media summary by Karma's Macy Muirhead → http://bit.ly/2LYNUqs

#mobilegaming #esports #gaming

Pixion Games, a London-based studio developing competitive e-sports games for mobile devices, closed a $2 million seed round that it will use to hire staff and boost so-called “lunchtime esports.”  The company is the latest player in the fast-growing mobile esports space, vying to make e-sports...

Weather data company PlanetiQ raised $18.7 million this month to shoot more satellites into #space, as #climatechange st...
07/17/2019
PlanetiQ Lands $18.7 Million As Weather Satellite Startup Faces Rising Pressure for Data - Karma Impact

Weather data company PlanetiQ raised $18.7 million this month to shoot more satellites into #space, as #climatechange stokes demand for more accurate predictions and #investors crowd into the space.

Full #Infrastructure article by Karma's Scarlett Kuang → http://bit.ly/2XXaSk6

#cleanenergy #cleanenergytechnologies

Weather data company PlanetiQ raised $18.7 million this month to shoot more satellites into space, as climate change stokes demand for more accurate predictions and investors crowd into the space.   The deal, led by New Science Ventures and AV8, brings PlanetiQ’s total funding to $23.9 million. ...

The fast-growing #verticalfarming market promises high yields of crops grown with improved resource efficiency as farmer...
07/17/2019
AeroFarms Raises $100 Million, Latest Deal in Booming Vertical Farms - Karma Impact

The fast-growing #verticalfarming market promises high yields of crops grown with improved resource efficiency as farmers ditch tractors and overalls for timed LED lights and databases.

Full #Infrastructure article by Karma contributor, Mark Shenk on AeroFarms → http://bit.ly/2M3nQdI

#farming #greenhouse

From a former nightclub in Newark’s Ironbound to a basement in New York City’s tony Tribeca to shipping containers scattered out west, vertical farmers are seeding the future of agriculture and planting opportunities for investors, who see the farms meeting demand for locally-grown food.  The f...

kencko tries to take a unique spot in the #plantbased beverage market with its powdered drink, but still faces the reali...
07/17/2019
Kencko’s Fruit-Vegetable Powder Drink Tries to Stand Out Amid a Crowded Plant-Based Field - Karma Impact

kencko tries to take a unique spot in the #plantbased beverage market with its powdered drink, but still faces the reality of tough competition and the drying out of necessary nutrients for users.

Full summary by Karma's Keshav Pandya → http://bit.ly/2JCVDsA

#infrastructure #foodtech #nutrition

Amid a growing wave of foodmakers touting plant-based products, Kencko is betting its fruit and vegetable powders will catch on with consumers looking for healthy, organic drink alternatives. First, it’ll have to overcome skepticism about the nutritional value of dried foods. The New York company ...

WuDo Solutions
07/17/2019
WuDo Solutions

WuDo Solutions

Interesting story from Karma about the role of voice assisted tech in healthcare.

“These are people without the basic rights of any country because they can’t prove they were even born,” El-Rjula says. ...
07/16/2019
Refugee-Founded Blockchain-Powered Identity Platform Raises Seed Capital - Karma Impact

“These are people without the basic rights of any country because they can’t prove they were even born,” El-Rjula says. “No one should live like that. No one should die like that. #Blockchain offers an elegant solution.”

Full #FinancialServices article by Karma Contributor, Michael Moran → http://bit.ly/2GenygH

A pepperoni pizza delivery to Ter Apel refugee camp in northeastern Holland inspired a Blockchain-powered system that one day may enable millions of people to prove who they are without government documents. Today, Toufic “Tey” El-Rjula, 34, is founder and CEO of Tykn.tech, a distributed ledger ...

“Singles often have multiple platforms on their phones, and this gives niche operators a great chance to stand out side-...
07/16/2019
Investors Look to Niche Dating Apps as Singles Narrow Searches for Love - Karma Impact

“Singles often have multiple platforms on their phones, and this gives niche operators a great chance to stand out side-by-side as the quality, targeted option.” - Scott Harvey, Editor at Global Dating Insights.

Full #Media article by Karma's Macy Muirhead → http://bit.ly/2GgW361

#smartnews #dating #mobileapps

The online dating market is projected to be worth $12 billion by 2020, with 310 million active users worldwide. Despite those vast numbers, user growth at mainstream dating apps including Tinder and Bumble is expected to peak this year and then plateau as the market fragments into sites catering to....

The short-term investment in #Blockchain implementation may not produce hoped-for long-term benefits — future system sav...
07/15/2019
Disrupting Trade Finance with Blockchain: Huge Potential But Little Real Progress - Karma Impact

The short-term investment in #Blockchain implementation may not produce hoped-for long-term benefits — future system savings are always harder to estimate than the immediate costs of new systems.

Full article by Karma Contributor, Anna Neverova → http://bit.ly/2GfV85P

#financialservices #fintech #finserv

In this age of advanced technology, the $10 trillion global trade finance industry hasn’t embraced innovation, instead maintaining its dependence on paper-based systems. A single cross-border, trade finance transaction typically consists of 100 pages of documents from different counterparties — ...

While the crowded #gaming market may make it difficult for independent developers to break through, its fast growth is o...
07/15/2019
Smartphone Maker ROKiT Launches $50 Million Indie Game Development Fund - Karma Impact

While the crowded #gaming market may make it difficult for independent developers to break through, its fast growth is opening doors for #investors to champion alternative voices.

Full summary on #videogame developer, ROKiT by Karma's Macy Muirhead → http://bit.ly/32sEzgr

#mobilegames #onlinegaming #gamedesign #gamedevelopment #computergames

ROKiT, maker of 3D smartphones and handheld devices, launched a $50 million development fund to support independent game developers. The fund, ROKiT Games Limited, will invest in both mobile and console titles. Selected companies will be eligible to receive up to a $500,000 investment from ROKiT in....

Efforts to combat #fakenews rarely reach the people most exposed to the falsehoods, resulting in a “preaching to the cho...
07/12/2019
Preaching to the Choir: Fake News Fact-Checkers Have Limited Impact, Study Says - Karma Impact

Efforts to combat #fakenews rarely reach the people most exposed to the falsehoods, resulting in a “preaching to the choir” effect that has limited impact.

Full #Media summary by Karma's Macy Muirhead → http://bit.ly/2XH0BIQ #AI #socialmedia

Efforts to combat fake news rarely reach the people most exposed to the falsehoods, resulting in a “preaching to the choir” effect that has limited impact. That’s the conclusion of a new study from big data firm Alto Data Analytics that focused on fact-checking information Twitter in the Europ...

Even under the most optimistic scenarios, Medium faces an uncertain future.Full #Media article by Karma Contributor, Jon...
07/12/2019
Medium Still Searching To Fix the Internet - and Itself - Karma Impact

Even under the most optimistic scenarios, Medium faces an uncertain future.

Full #Media article by Karma Contributor, Jonathan Berr → http://bit.ly/2Y4PwW4
#smartnews

When Billionaire Ev Williams founded Medium.com in 2012, he thought it would help him fulfill his self-appointed mission to “fix” the Internet that, as a founder of Twitter, he helped break. That goal appears as elusive as ever. Williams talked a good game, declaring when Medium launched that .....

While lower subsidies have led to an overall slowdown in #cleanenergy investment there are many bright spots where #inve...
07/12/2019
Clean Energy Spending Poised to Rise After Dropping to 6-Year Low - Karma Impact

While lower subsidies have led to an overall slowdown in #cleanenergy investment there are many bright spots where #investment is surging, and China may lead global rebound later this year.

Access the full #Infrastructure article by Karma Contributor, Mark Shenk → http://bit.ly/30wEu9W

Worldwide clean energy investment is primed to rebound after falling to a six-year low, offering opportunities for social impact and green energy investors, a BloombergNEF report showed.  China, the U.S. and Europe all posted declines in the first six months of the year, with China showing the stee...

“With #bitcoin getting somewhat close to the previous highs back in December of 2017, I think you’ll start to see these ...
07/11/2019
Hong Kong’s Diginex to Be Listed on Nasdaq as Crypto Companies Prefer to Go Public in the U.S. - Karma Impact

“With #bitcoin getting somewhat close to the previous highs back in December of 2017, I think you’ll start to see these #crypto companies be considered a hot space again.” - John Todaro, TradeBlock’s Director of Digital Currency Research.

Full #FinancialServices article by Karma's Scarlett Kuang → http://bit.ly/2S9PqqI

#fintech #cryptocurrency

Hong Kong crypto firm Diginex Ltd. announced plans to go public today, choosing a U.S. over an Asian stock exchange and seizing on investor interest amid a rally in Bitcoin price. Diginex will list on the Nasdaq through a reverse merger with 8i Enterprises Acquisition Corp., in  deal that values th...

Spotify, Amazon, Pandora and Google all filed notices of intent to appeal the ruling, much to the chagrin of different m...
07/10/2019
Music Modernization Act Brings a Level of Fairness to the Industry - But There’s Still Further to Go - Karma Impact

Spotify, Amazon, Pandora and Google all filed notices of intent to appeal the ruling, much to the chagrin of different music industry groups.

Full #Media article by Karma's Macy Muirhead → http://bit.ly/32hW42Z

#entertainment #musicindustry

Last week, Taylor Swift’s master recordings were sold to music entrepreneur Scooter Braun, reigniting uproar surrounding artists’ rights in the age of streaming. Music streaming services like Spotify and Apple Music have long been criticized for skimpy payouts to artists. Moreover, music has bec...

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