ExO Foundation Takes 10 percent Stake in WiderPool
MIAMI and LONDON (PRWEB) May 07, 2018 -- The ExO Foundation, a public benefit corporation committed to positive social change and migrating society to abundance, today announced it has reached an agreement to acquire a 10 percent stake in WiderPool, which brings technology, communities and capital opportunities into one global innovation ecosystem.
The agreement marks the beginning of a deep collaboration between the ExO Foundation’s community, which is dedicated to adapting organizations, institutions and people to a world disrupted by accelerating technologies, and WiderPool. WiderPool will leverage ExO Foundation’s connected network and unique organizational frameworks for exponential thinking and positive change.
WiderPool was created and spun out of Singularity University. It is the latest addition to the growing ExO movement that includes organizations and communities committed to re-architecting institutions that aren’t able to adapt by themselves to the rapid pace of technological change. The first stage of this effort will be to focus on projects across the United States, Europe, Latin America and Asia, and includes corporate and government initiatives.
"It is deeply gratifying to have organizations helping society thrive within the changes taking place as a result of disruptive technologies join our efforts," said Salim Ismail, founder ExO Foundation. “Combining our world-wide community and proven methodologies with WiderPool’s focus on innovation adds more momentum to our mission of migrating people away from a scarcity mindset to one of technology-driven abundance.”
"We feel really excited to have Salim Ismail and the ExO Foundation onboard at WiderPool. For our team and partners, this is validation of the value that WiderPool brings to market,” said Juan Carlos Fouz, CEO of WiderPool. “Furthermore, it adds to our capability to deliver more value to organizations worldwide that want to leverage exponential technologies to achieve growth. The convergence of services from both organisations will add to value to each of their respective ecosystems.”
About WiderPool
WiderPool is a global innovation platform with offices in London, New York, and Madrid. It facilitates successful collaborations between corporates and growth-stage startups through its platform in order to unlock mutual value. WiderPool’s value proposition is how it combines its proprietary matching algorithm with its every growing community of enterprise CIOs and startups. It is supported by a UK-based regulated fund that participates in opportunities brought forward.
About ExO Foundation
The ExO Foundation is a public benefit corporation committed to positive social change. We convene a global ecosystem that empowers organizations, institutions and people with the community and technology resources, tools and structures needed to migrate society to abundance.
Joel Richman, ExO Foundation, http://www.exofoundation.net, +1 617-312-5942, [email protected]
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