Social Investor Impact Engine Closes Its Second Venture Fund

  • The $25 million venture fund has invested in nine companies
  • Women-led firm has $52 million in assets under management
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Impact Engine, a women-led investment firm that supports social change, closed its second venture fund at $25 million.

The Ventures II fund is backing early-stage software companies that target economic empowerment, education, environmental sustainability and health, Chicago-based Impact Engine said Friday. Its first venture fund gathered $10 million.