Enterprise capital agency Equilibrium Impression Ventures (EQIV) will award its first investments as a part of efforts to assist social affect companies led by girls and enterprise homeowners of coloration. The agency will current Charlotte startups BatteryXchange and Simply Her Rideshare every with $75,000 throughout a examine presentation on Aug. 14 at 6:30 p.m. at The Coterie Idea. Founding EQIV companions Adrian Smith, Dr. Shante Williams and Kasem Rodriguez Mohsen are main the fund that’s deploying checks starting from $50,000 to $75,000 to North Carolina-based, mission-driven startups to assist sustainable social affect.
BatteryXchange companions with companies to put in transportable battery kiosks in in style places – akin to hospitals, conference facilities, stadiums and faculty campuses – for customers to maintain their cell gadgets charged whereas on-the-go. Founder Desmond Wiggan says the EQIV funding will assist the corporate develop outdoors of North Carolina, introduce new healthcare-focused merchandise and rent new workforce members. Simply Her Rideshare offers a secure different rideshare marketed primarily towards girls riders and drivers. Founder Kimberly Evans plans to make use of the $75,000 funding to deal with development, retention and repeatability.
Two further startups will probably be introduced by the tip of the 12 months.