Venture capital firm Ixora acquired IXI Collective, a Los Angeles, CA-based platform focused on impact investment.
The amount of the deal was not disclosed.
Founded by serial entrepreneur Christine Lu, IXI Collective is an investment platform focused on social impact. Its mission is to combine relationships across key sectors and selectively facilitate and syndicate co-investment opportunities in a wide array of sectors including tech, consumer brands, and the arts, amongst others.
The broader IXI community, which comprises over 1,000 accredited investors and family offices, stays connected via its private app, events and social impact initiatives within a trust network bound together through shared business and lifestyle interests.
Since its inception, it has syndicated more than a dozen deals resulting in funding for worthy and meaningful projects.
As part of the acquisition, IXI Collective will be merged into Ixora Collective, the fund’s exclusive invite-only membership network. Ms. Lu will take on the role of Head of Special Projects at Ixora Collective.