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Litestream Ventures secures $78m in investor pledges at Davos forum

Litestream Ventures recorded $78.1 million (£61.5m) in non-binding investor pledges during the week of the World Economic Forum in Davos, after hosting the fourth annual Family Office & Venture Capital Forum.

This private event, held during the World Economic Forum, brought together more than 120 investors, founders, business funds and philanthropic partners. Pledges were signed to support 12 companies focused on tackling the world’s biggest challenges, as well as the support of a charity program called Star for Life.

Pledges are made with Litestream Ventures’ newly launched promise-based signature technology, which is being introduced to this platform for the first time. Delivered through a private app used by visiting investors, the system allows participants to privately express non-binding expressions of interest, show support for help, split referral pledges with peers and share opportunities within trusted networks.

Cassandra Harris, co-founder and CEO of Litestream Ventures, said the forum aims to highlight the essence of Davos week beyond the headlines.

“A lot of what comes out of Davos can overshadow the real work that happens during the week of the World Economic Forum, especially the capital and discussions from companies that are solving real-world problems,” he said. “The Davos Manifesto is built on the idea that businesses should act as long-term stewards, not just short-term profits. At Litestream Ventures, we work at the intersection of business, media and entrepreneurship to support that long-term thinking.”

He added that the investor interest shown in Davos reflects the pioneering spirit of the forum. “The 12 hand-picked companies presented work directly with investors, resulting in meaningful and interesting expressions that are consistent with the principles on which the World Economic Forum was founded.”

Dan Olofsson, founder of Star for Life and principal of Danir Group, said the forum provided valuable exposure to impact-driven initiatives.

“Most people want to live in a better world where children everywhere have better opportunities,” he said. “This is where Star for Life plays an important role in developing the next generation.”

Alongside the investment activity, Litestream Ventures launched a first-of-its-kind virtual reality experience in Davos, delivered in partnership with Dayholi. The VR activation allowed investors to explore the factories, headquarters and laboratories of the participating companies in real time as the inventors presented live.

Manuel E. Gonzalez, managing partner at AgFunder, said the quality of the companies and investors present stands out.

“As a VC that invests in critical sectors such as agrifood and human health, it was encouraging to see such high-level founders and investors participating in this space,” he said. “Too often, promising technologies fail to find the right support. Thanks to Litestream Ventures, many of these companies now have a clear path to scale.”

The forum also featured panel discussions with global investors and an immersive cultural performance, Brave New Earth, brought to Davos by Litestream Ventures for the first time.

Litestream said the results reflect growing investor interest in a business that combines commercial potential with measurable social and environmental impact, as capital shifts towards long-term, purpose-led growth.


Amy Ingham

Amy is a newly trained journalist specializing in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online business news source.

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