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Marie Ekeland has unveiled her next act — and it’s a new fund called 2050. She invested in adtech firm Criteo, which later became a public company in the U.S. While she’s no longer involved with Daphni’s day-to-day activities, she still follows her own investments in Daphni’s first fund. Let’s start with the investment thesis.
The UN predicts that by 2050, this proportion will rise to more than two thirds. Feeding the City Start Up has now worked with 23 early-stage social enterprises, providing business mentoring, practical workshops, direct funding, and access to investment. More than half of the world’s population now lives in cities and urban areas.
And we think that, particularly with American Dynamism and this revival in interest in investing in defense innovation, there’s a real opportunity to bring some of that back to Northern California. And it’s hard to do that in the core Bay Area for all of the reasons that we discussed.
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