Destiny Tech100 Inc.
Our Opinion
Destiny Tech100 Inc. is a closed-end management investment company (a type of fund) whose primary business is investing in a portfolio of private, venture-backed technology companies (e.g., SpaceX, OpenAI). Its own operation as an investment vehicle does not involve animal exploitation. However, one of its disclosed portfolio companies as of December 31, 2022, was Impossible Foods, Inc., a plant-based food company that has historically used animal testing to comply with FDA requirements for its food ingredients (Categorized as Tangential due to the indirect nature of the exposure through investment).