Solstice Capital II is a $60 million socially responsible venture capital fund intending to invest 50% or more of its assets “pro-actively” in high growth companies promising significant, positive social or environmental impact in industries similar to the ones Commons Capital is targeting: energy/environment, healthcare/medical and education/training. The fund will invest the remainder of its assets in companies primarily in the information or telecommunications industries that are “neutral” and at a minimum “do no harm” socially or environmentally. Solstice’s successful first fund had a similar social and environmental mission. Solstice is affiliated with Village Ventures, Inc., a proprietary nationwide network of early-stage venture capital funds focused on non-traditional geographic markets.
Location: Boston, Massachusetts
Website: www.solcap.com