NIIF has successfully completed its first investment with a $30,000 investment in Sapient Industries,  whose mission is to eliminate waste from our electrical grid using machine learning. Sapient Industries have built the world's first Plug Load Management System, monitoring and controlling the power supplied to each and every device in a building. This ensemble of installed smart outlets and smart power strips is run by a cloud-based dashboard and data collected at each socket, and is used to generate behavioral models that automate efficient delivery of power to devices.  The investment was made in the form of a convertible note and on NIIF’s behalf by ImpactAssets, a Donor Advised Fund. 

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