Foundation Capital

Foundation Capital is a venture capital firm that invests in technology and services companies, providing growth capital and strategic guidance to emerging and established businesses.

CCI Score

-29.29

0.02% April 18

Latest Event

Foundation Capital's Unethical Investment Due Diligence Practices

An Amnesty International report released on 30 July 2021 highlighted that many top venture capital firms, including Foundation Capital, lack robust human rights due diligence processes. This absence increases the risk that their investments may support companies implicated in repressive practices such as invasive surveillance and forced labor, thereby indirectly contributing to human rights abuses.

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ACCOMPLICE

Foundation Capital is currently rated as an Accomplice.

-20 to -29 CCI Score

These companies profit from authoritarian practices through their business dealings. Although they may not be directly enforcing oppressive policies, their actions contribute to the economic and operational sustenance of authoritarian regimes.

Latest Events

JUL

30

2021

Foundation Capital's Unethical Investment Due Diligence Practices
-27.57

An Amnesty International report released on 30 July 2021 highlighted that many top venture capital firms, including Foundation Capital, lack robust human rights due diligence processes. This absence increases the risk that their investments may support companies implicated in repressive practices such as invasive surveillance and forced labor, thereby indirectly contributing to human rights abuses.
-40

Business Practices and Ethical Responsibility

March 27

According to the report, Foundation Capital and other major VC firms often fail to implement adequate human rights due diligence protocols when making investments. This negligence enables investments in companies whose products and services, such as surveillance and data technologies, may be used to support authoritarian practices and human rights abuses. The lack of rigorous ethical oversight suggests a significant shortfall in their responsibility to uphold human rights frameworks.

Top Venture Capital Firms Complicit In Human Rights Abuses
JUL

30

2021

Amnesty Report Criticizes Major VC Firms on Human Rights Due Diligence
-31.01

Amnesty International's report reveals that leading venture capital firms, including Foundation Capital, have failed to implement robust human rights due diligence measures. This negligence may result in investments funding companies whose products contribute to repressive technologies and human rights abuses.
-60

Business Practices and Ethical Responsibility

March 27

Amnesty's report criticizes leading VC firms for not establishing adequate human rights due diligence processes. This failure implicates Foundation Capital in indirectly facilitating investments that may support oppressive practices and repressive state actions. The lack of robust ethical oversight is a significant concern from a human rights and business responsibility perspective.

Amnesty report finds world’s largest venture capital firms fail to demonstrate adequate human rights due diligence processes
-30

Technology and Services Impact

March 27

By funding companies without enforcing strict ethical due diligence, Foundation Capital indirectly supports the development and deployment of technologies that may be used for surveillance and repression. This indirectly contributes to a climate where technology bolsters authoritarian practices.

Amnesty report finds world’s largest venture capital firms fail to demonstrate adequate human rights due diligence processes