Hace Secures £450K in Funding to Launch AI-Powered Child Labour Index for Ethical Investment Oversight.
Hace is addressing child labour issues within the investment industry with its pioneering Child Labour Index.
Company Name: Hace
Location: Manchester, UK
Sector: ESG Rating / AI-Powered Child Labour Index
Funding Details: Raised £450K in Pre-Seed funding, led by Manchester Angels, with participation from GC Angels, Ada Ventures, Found Capital, and angel investors.
Purpose of Investment: To complete the development of the Child Labour Index, a tool designed to identify child labour risk in investment portfolios and facilitate engagement for positive change.
Leadership: CEO Eleanor Harry
Product: The Child Labour Index, an AI-powered ESG rating tool, provides scores based on company disclosure, public perception, and supply chain analysis regarding child labour practices. It is aimed at asset managers, wealth managers, and institutional investors.
About Company: Hace is addressing child labour issues within the investment industry with its pioneering Child Labour Index. By leveraging AI to assess and score companies on their child labour practices, Hace offers a quantitative metric for real-time reporting and engagement on this critical issue, supporting investors in making informed, ethical investment decisions.