The core motivation of the Venture Fund is to identify "clusters" or portfolios of initiatives around frontier technology spaces - so that UNICEF can both shape markets and also learn about and guide these technologies to benefit children.
If you are interested in learning more about our rationale for investing in emerging tech, click below for more details.
By investing in multiple concurrent teams working on similar problems and technology stacks the Fund can accelerate both the development of products, as well as the building, iteration, and exit of the teams around the technologies.
A huge benefit of open source is the vibrant communities that can grow around the open source software. This can bring value for both the producers and the end users because developers can get help in creating the software from the community and get feedback from their users about what works and what doesn’t.
The use cost of open source is typically lower than with proprietary equivalents, creating user growth and goodwill.
It is often easier for open source clients to attract top talent within the industry because the community-oriented nature of open source means you likely know who the best candidates are already.
Using and developing open source software can save vast amounts of time and energy because you do not have to reinvent the wheel.
This course is designed for companies receiving investment from UNICEF’s Venture Fund, and, in the spirit of open source, it is made available to any startups that are exploring the possibility of going open source. Through this course a startups can:
Beginning in 2019 with the establishment of the CryptoFund, cryptocurrency transactions have allow the Venture Fund to make fast, transparent, borderless investments in portfolio solutions, in addition to fiat transactions.
The Venture Fund team engages various internal stakeholders to determine which startups can benefit the most using cryptocurrency.
We grateful for the generous support provided by current and past Venture Fund investors and supporters. Apart from the strategic partners and supporters listed below, we would also like to thank Mr. Kirill Tatarinov.