At Future Planet we are outraged at the violence, brutality and unequal treatment experienced by black communities in America. But, we also acknowledge that unfortunately these acts of racism aren’t new and they take place around the world.
We stand in solidarity with all those affected by this issue. Inequality is a global challenge, without addressing it sustainable growth cannot not be achieved.
The events in America, and the attention they have received all around the world, mean this is a time that united action can make a real difference.
We are joining with investment colleagues from around the world to commit to a more inclusive technology industry and to ensure equality of opportunity for underrepresented groups. We are starting with a small step, actively broadening our search for top applicants and investments from all parts of our community.
Whether in recruiting, or investing, we want to champion ability and experience of all different kinds. We want to encourage diversity within our own ranks and the funds and founders we invest with.
FPC’s core thesis is profit with purpose - harnessing the power, resources and talent of everyone regardless of background, colour or creed to create a better Future Planet for all.
We are pleased to use this newsletter to highlight three companies working on tackling inequality.
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Changing the world: Tackling Inequality
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1. Blavity: a tech company for forward thinking Black millennials pushing the boundaries of culture and the status quo. The company's vision is to economically and creatively support Black millennials across the African diaspora, so they can pursue the work they love, and change the world in the process.
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2. LandIt: A one-size-fits-one career pathing platform, Landit increases the success of women and diverse groups in the workplace, and enables companies to attract, develop, and retain high-potential diverse talent. Founded by Lisa Skeete Tatum and Sheila Marcelo, backed by NEA and Xfund.
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3. RaiseMe: Equal access to higher education has become one of the greatest issues of our time. At RaiseMe, the company are expanding access so that every student, especially among low income and first generation students, has a shot at the American Dream. RaiseMe enables students to earn scholarships throughout high school, starting as early as 9th grade, for doing all the things that best prepare them to succeed.
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Challenge Investing
The fight against inequality is incredibly important. Within our universe we have a significant number of companies that are helping to profitably address this global challenge.
If you’d like to invest in some of the most promising growth companies based on top research then please don't hesitate to get in touch.
This comes with very best wishes from everyone at Future Planet Capital.
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