Where to Donate Books: 25 Best Options
Investing is a key component to building wealth
While it can be tough to know where or how to invest, there are a plethora of options available for you to consider. Whether you index and chill, are an active trader, or prefer real-estate, there are options for everyone to build a diverse and well-rounded portfolio. Here, we’ll discuss some impact investing startups that you should consider for your investing portfolio.
What is Impact Investing?
Impact investing is an investment made into a company or organization that is looking to make a beneficial impact on the environment or society while also bringing a financial return. In other words, these companies are looking to address critical social or environmental issues.
Impact Investing Startups You Should Consider
1. IX Water First up is IX Water, a company which seeks to recycle contaminated water into usable water. IX Water projects a potential $75 billion annual market opportunity for the treatment of 150 billion barrels of contaminated water produced by the oil and gas industry globally every year.
2. MentalHappy
The next impact investing startup you should consider is MentalHappy, an online community offering tools and support for mental health. Untreated mental illness costs around $300 billion a year, and more than 1 billion people suffer from mental illness. Despite these statistics, our healthcare system is difficult to manage, expensive, and inadequate in helping treat those struggling with their mental health.
3. TerraCycle
Next up is TerraCycle, a company revolutionizing recycling by recycling the unrecyclable. TerraCycle is a company that has been around for a while, but they’ve recently opened up new equity crowdfunding investment opportunities and may make a great addition to your impact investing portfolio.
4. Solectrac
The next impact investing startup you should consider is Solectrac, a company seeking to bring clean vehicles to the agricultural space. As the world seeks to move more toward renewable and clean energy sources, it will be imperative to extend this new technology into all sectors.
5. Life Imaging
The last of the impact investing startups we offer for your consideration is Life Imaging, a company seeking to revolutionize early detection and preventative treatment. Life Imaging seeks to offer affordable early detection so that you can focus more on preventing disease than fighting it.
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