$1M grant to the NMV Innovation Fund


By Shannon Baker

In the categories:

We are pleased to announce that Luminate recently renewed their investment in NMV, committing $1 million to the NMV Innovation Fund and our field-building work over two years. Jackie Mahendra shares more about her continued support of NMV: 

We believe that now is a time to double down on supporting those with a bold vision for positive change. In the wake of growing divisions and attempts to limit people’s ability to participate in the democratic process, we believe that it is imperative for funders with risk capital to support diverse entrepreneurs who are coming up with new ways to tell powerful stories, make democracy more accessible, and help their communities to thrive.

Read more about how Luminate's commitment will enable us to fund innovation, support entrepreneurs and activists, and move the broader field of impact investing and civic tech forward. 

New Media Ventures casts a wide net to defend democracy in the U.S.