Mozilla, the company behind the Firefox browser, launched Mozilla Ventures, a fund dedicated to supporting responsible tech companies.
To start, Mozilla will invest an initial $35 million.
Mozilla Ventures is an impact venture fund that supports startups whose products or technologies advance one or more values in the Mozilla Manifesto, like privacy, inclusion, transparency, accessibility, and human dignity. Three initial investments are being announced today:
- Secure AI Labs (SAIL), which uses advanced security and AI technology to keep patient data secure and advance medical collaboration.
- Block Party, a social media safety app designed for the realities of online harassment. It allows individuals who experience regular harassment to safely engage in public conversation on social media by setting their own content boundaries.
- Hey Login, a ‘swipe-to-login’ password management solution designed for businesses.
The fund will be led by Managing Partner Mohamed Nanabhay, who has spent his career working on innovation, digital media, technology, and as an investor. Nanabhay has held leadership positions at Al Jazeera and the Media Development Investment Fund, and was previously a Mozilla Foundation board member.
FinSMEs
02/11/2022