ImpactAlpha

The debut of IQM Quantum Computers on the NASDAQ stock exchange this summer was a crowning moment for World Fund, the Berlin-based venture firm that was one of its early investors. Quantum computing has the potential to speed processing and cut energy use as the data center buildout drives up energy demand and prices. World Fund led IQM’s €128 million ($146 million) Series A round in 2022, and participated in its US investor-led $300 million Series B round in 2025.

Antony Bugg-Levine published a piece in the Chronicle of Philanthropy last month making a case we agree with: Local banks have vanished. The number of US banks has shrunk 75% since the mid-1980s, according to the FDIC and St. Louis Fed. Rural communities and low-income neighborhoods are the biggest losers, with a significant drop in the lenders who knew them well enough to underwrite them. A partial solution, according to Bugg-Levine, is that philanthropy can step in.

Hattie Anderson and her daughter Takiyah were ready to give up on finding a home they could afford in Detroit. Then they learned about a new homeownership initiative created by former Detroit Piston Tobias Harris and powered by housing finance company Homium. It helped Hattie, a care worker, buy her first home with Takiyah. “It took a load off our finances and helped us afford more of a home than we previously thought possible,” Anderson says.

Editor’s note: This guest post is sponsored by AlTi Tiedemann Global. When Moby the Mobile Greenhouse began traveling the Alaska Marine Highway in 2015, it was funded with “a small pot of money and a dream that experiential education can set communities on the path to pursue new local food system solutions,” according to Spruce Root’s Kaylah Duncan.

BOI energy, for “born on island,” is rebuilding Galveston house by house, park by park and one small business at a time. Local leaders like Christine Bryant and Pastor Shirlyn Thomas have spent years stitching the storm-battered island back together, doing the unglamorous work of organizing residents, mentoring entrepreneurs, and building the trust, and investable projects that may just convince fleeing capital to stay in southeast Texas. Earlier this month, reinforcements arrived.

Greetings Agents of Impact! In today’s Brief: The power of place in Galveston, Texas Perpetual funding for community development in southeast Alaska Grocery stores in Boston transition to employee ownership Expanding access to finance to expand access to housing Power of place drives impact in a national movement of overlooked cities like Galveston. BOI energy, for “born on island,” is rebuilding Galveston, Texas, house by house, park by park and one small business at a time.

The Jamaica Social Investment Fund (JSIF) is a specialized agency of the Government of Jamaica dedicated to alleviating poverty and social exclusion through targeted interventions and community-based initiatives. Established to address social and economic disparities across Jamaica, JSIF operates under the Ministry of Social Development and Family Services, functioning as the principal vehicle for implementing social investment programs throughout the island nation.

Deloitte is a global professional services firm with a presence across audit and assurance, tax and legal, consulting, and advisory services. The organization operates through Deloitte Touche Tohmatsu Limited (DTTL) and its network of member firms, serving approximately 90% of the Fortune Global 500 companies as well as thousands of private enterprises.

Invest International is a state-owned enterprise established in October 2021 and headquartered in The Hague, Netherlands. Created by the Dutch government as a privately-operated company funded with public capital, the organization operates with the dual mandate of supporting Dutch companies engaged in foreign activities and international projects that strengthen the Dutch economy’s competitiveness and earning capacity, while simultaneously supporting initiatives that address global challenges.

Euronext is the leading European capital market infrastructure, serving as a comprehensive venue covering the entire capital markets value chain from listing, trading, clearing, settlement, and custody to solutions for issuers and investors. The company operates eight national stock exchanges across Belgium, France, Greece, Ireland, Italy, the Netherlands, Norway, and Portugal, collectively handling approximately 25% of European lit equity trading volume.