Prague-based Accelerator and VC Agency Soulmates Ventures, introduced right this moment a €50 million fund for sustainable innovation, growing preliminary funding to as much as €3 million per startups, with follow-on funding totalling as much as €5 million.
Investing underneath Article 9 of the SFDR, Soulmates Ventures backs scalable ventures that drive environmental and social change. By means of its hands-on acceleration programme, Soulmates Ventures works intently with founders to supply strategic experience and assist market enlargement.
“Our aim is to assist progressive, fast-growing firms in sustainability scale and develop. After we see their ‘rocket’ launched — powered by a robust crew and an important product — we wish to be those offering the additional gas. We speed up their journey, assist them navigate challenges, and drive even higher success. Collectively, we push the boundaries of what’s attainable in sustainability, contributing to a thriving, wholesome society and planet,” says Hynek Sochor, Founder and Managing Companion of Soulmates Ventures.
Based in 2020 by Hynek Sochor, Soulmates Ventures is a Czech Accelerator and VC Agency centered on progressive and fast-growing startups with a long-term sustainable improvement imaginative and prescient. They supply funding and actively assist Founders scale their companies and efficiently develop into new markets.
The corporate made its first funding in 2021, constructing a portfolio that now consists of 17 firms akin to eAgronom, Kardi AI, Twinzo, Flowpay, Signapse AI, Fusebox, Ogre AI, Madmonq, Youni, Twin Science and extra.
With 26 investments that assist 17 startups throughout Europe, Soulmates Ventures has constructed a robust monitor document throughout eight key streams: air, water, vitality, mobility, round financial system, meals and agriculture, training, and healthcare.
Constructing on the success of its first funding cohort, the agency is now growing its preliminary funding to as much as €3 million per startup, with follow-on funding totalling as much as €5 million. Soulmates Ventures stays dedicated to Seed investments, while additionally increasing its assist to later-stage funding to make sure startups obtain long-term backing from their earliest levels by to Collection A rounds.
“The brand new fund operates underneath Article 9 of the SFDR, reinforcing our dedication to sustainable improvement. Since our inception, sustainability has been on the core of our technique, guaranteeing traders acquire a transparent understanding of how the startups we assist tackle environmental and social challenges backed by detailed ESG efficiency insights. By aligning our portfolio with Article 9 of the SFDR requirements, we guarantee our investments meet the very best sustainability standards,” explains Sochor.
Past monetary funding, Soulmates Ventures appears to supply strategic assist to assist startups scale extra successfully.
By means of its triple-layer acceleration programme, the agency connects founders with its in-house crew and business consultants, providing assist throughout key areas akin to model constructing, advertising, monetary administration, operations, sustainability, and market enlargement.
For Founders tackling environmental and social challenges, Soulmates Ventures goals to supply greater than funding — a platform for progress, strategic steerage and entry to business consultants.
