Company Directory - 2048 Ventures
Company Details - 2048 Ventures
2048 Ventures
Website2048 Ventures is a venture fund focusing on technology-driven startups. It provides capital and strategic support to innovative companies looking to disrupt traditional markets with technology.
CCI Score
CCI Score: 2048 Ventures
-34.25
0.03%
Latest Event
2048 Ventures and Human Rights Due Diligence Concerns in VC Investments
A recent Amnesty International report, 'Risky Business: How Leading VC Firms Ignore Human Rights When Investing in Technology', details widespread failures among venture capital firms in implementing robust human rights due diligence. This lack potentially leads to investments in companies that develop or deploy repressive technologies and exhibit exploitative labor practices. As a tech-focused venture fund, 2048 Ventures may be implicated if it does not address these ethical gaps.
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TOADIE
2048 Ventures is currently rated as a Toadie.
Latest Events
- JUL132021
A recent Amnesty International report, 'Risky Business: How Leading VC Firms Ignore Human Rights When Investing in Technology', details widespread failures among venture capital firms in implementing robust human rights due diligence. This lack potentially leads to investments in companies that develop or deploy repressive technologies and exhibit exploitative labor practices. As a tech-focused venture fund, 2048 Ventures may be implicated if it does not address these ethical gaps.
-60
Business Practices and Ethical Responsibility
March 18
The report highlights that the vast majority of leading VC firms lack adequate human rights due diligence, failing to screen investments for potential labor abuses and other human rights risks. This lapse not only undermines ethical business practices but also supports a broader system that can contribute to authoritarian outcomes. As 2048 Ventures is a venture fund investing in disruptive technologies, similar negligence could link it indirectly to these harmful practices.
RISKY BUSINESS: How Leading VC Firms Ignore Human Rights When Investing in Technology
-40
Technology and Services Impact
March 18
The lack of robust human rights due diligence in the VC sector often results in funding for companies that provide technology with repressive uses – such as surveillance and biased algorithmic systems. This can indirectly support authoritarian practices and have widespread negative societal impacts.
RISKY BUSINESS: How Leading VC Firms Ignore Human Rights When Investing in Technology
- JUL012021
An Amnesty International report reveals that most venture capital firms lack robust human rights due diligence policies. Such oversights could implicate VC firms like 2048 Ventures, potentially enabling unethical labor practices that undermine broader human rights commitments.
-50
Labor Relations and Human Rights Practices
March 18
The report highlights that a vast majority of major VC firms fail to implement adequate human rights due diligence processes. For a firm like 2048 Ventures operating in the tech venture space, such shortcomings raise serious concerns about the company’s commitment to ethical labor practices and human rights responsibilities. These deficiencies indirectly support environments where authoritarian practices and exploitation may flourish.
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- Miscellaneous Intermediation
- 541611
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- 541715
- Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)