a year ago

Hace Raises £450K for AI-Powered Child Labour Index

  • Hace, a UK-based provider of an AI-powered Child Labour Index, has secured £450,000 in Pre-Seed funding led by Manchester Angels

  • The funding will be used to finalize its flagship product, which aims to help investors identify and address child labor risks in their portfolios

  • The index scores companies based on disclosure, public perception, and supply chain performance, providing a real-time metric for investors.

      • ProblemTechnology

      "Identifying and mitigating child labor risks in investment portfolios is a complex and time-consuming process. Current ESG ratings are not specifically focused on child labor, making it difficult for investors to assess the risks and take proactive steps to address them."

      Solution

      "Hace's Child Labor Index uses AI to provide a comprehensive and dynamic assessment of child labor risk in companies and portfolios. This empowers investors to make informed decisions, engage with companies to improve their practices, and promote responsible investment."

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