Wealthy families to back impact firms
One of the undercurrents in impact investing this year was the focus on family offices. Wealthy families, although often elusive, are proving a key source of patient capital both for impact companies and as LPs. Today we've got a story about Sweden's noble families, which have acquired a stake in a flood defense company with some pretty cool tech. In other news, fusion startups broke funding records this year and the alt-protein sector has got another reality check. Have a great day!
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