Working Capital Closes Supply Chain Innovation Fund, at $25.2M
Summary
– Open Society Foundations (Soros Economic Development Fund),Led by Ed Marcum, managing director, Working Capital is exploring how emerging technologies such as machine learning, sensors and interconnected Internet of Things solutions can be brought to bear on supply chain labor rights risks.It has already invested in companies that leverage technology to bring visibility and accountability to supply chains and increased agency for workers.– QuizRR, an EdTech company which offers training solutions to advance worker knowledge and corporate accountability, and– Sundar, an ethical sourcing platform that is transforming the fashion supply chain.
Funding
Amount
$25.2M
Total raised
Date
September 11, 2018
Announcement date
Investors
Working Capital Fund
Lead investors
Company
http://www.workingcapitalfund.com
Funded company
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