Investor Type | Firm |
Type of Fund | Corporate VC |
Industries | IT (& TMT) |
Investing | United States |
Google.org, the philanthropic arm of Alphabet Inc., stands out as a unique blend of a non-profit and a corporate venture capital entity. Headquartered in Mountain View, California, United States, Google.org focuses its efforts on supporting nonprofit innovators across various industries, with a particular emphasis on IT and TMT sectors, through investments and grants that collectively amount to approximately US$100 million annually. The organization operates with a mission to bridge the gap between nonprofits and vital resources by providing funding, advanced tools, and access to Google volunteers. One of their initiatives includes an open-sourced platform designed to enhance the accessibility and translation of books, enriching global knowledge pools. Additionally, they facilitate mobile cash transfers as a means to foster economic opportunities. Google.org harnesses Google's capabilities in technology, research, and innovation to generate social impact, offering solutions for educational advancement and enriching digital economies with technical and AI skills. They work closely with university partners and the academic community to accelerate research and leverage AI for societal benefits. Furthermore, Google.org is actively involved in creating resilient communities by promoting digital well-being, online safety, and support for local communities. The strategic investments and philanthropic endeavors of Google.org are aimed at sustaining progress and expanding opportunities for underserved populations, embodying the company's commitment to use its resources for the greater good.