A Supreme Court ruling affirming Canada’s carbon tax opens the door for a startup explosion

Last week the Canadian Supreme Court ruled that the national government’s plan to tax carbon emissions was legal in a decision that could have significant implications for the nation’s climate-focused startup companies. The ruling put an end to roughly two years of legal challenges and could set the stage for a boom in funding and […]
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Ajaib raises $65M Series A extension led by Ribbit Capital, increasing the round’s total to $90M

Ajaib, the Indonesian investment app, has added $65 million to its Series A, bringing the round’s new total to $90 million. The extension was led by Ribbit Capital, the fintech investor that also led Robinhood’s $3.4 billion funding last month. Ajaib is Ribbit Capital’s first investment in Southeast Asia. The extension will be used to […]
https://tcrn.ch/3syzvDN

To improve accountability, Norrsken VC ties partner compensation to its portfolio’s sustainable successes

With the close of its latest investment fund, Norrsken VC is is taking an unprecedented step in tying the compensation of its partners to the positive changes the firm’s portfolio companies have on the world — and not just their financial returns. The firm, which released its impact assessment for 2020 last week, has invested […]
https://tcrn.ch/3cuMYqM