Michael Bowen

Planeteer Capital closed its debut fund with anchor investments from an Ivy League university endowment and Mike Schroepfer, former CTO of Meta and a partner at Gigascale Capital, after pitching more than 400 potential LPs.

Investors in Zeal's $82m Fund II include Capricorn Investment Group, Citi Impact Fund, Hampton University, M&T Bank, MassMutual, Spelman College, Wells Fargo and Zaffre Investments.

Impact investors have an opportunity to make the AI industry safer and reap sizeable returns in the process, panellists tell the Impact Investor Global Summit.