How many VC funds can you name where the three partners all had babies while raising the fund, have deep connections in Asia as well as Europe and the US, and include an actress as an investor? I wouldn't hazard a lot.
Pact has a pot of cash to back early-stage startups across Europe. Pact will aim at mission driven startups in four categories: Access, Betterment, Personal and Professional Well- Being, and Climate. Instead of trotting out the UNSDGs, that is a more interesting way of addressing doing good. Pact's investment tickets will be between 1 million and 1.5 million.
Also included are Jeff Dean, the Head of Artificial Intelligence at Google, and a founding shareholder of TechCrunch, as well as Anne Hathaway, who is also a UN Woman Goodwill Ambassador.
They are joined by Campden Hill Capital, Yeming Wang, the COO of Naspers, and Tilo Bonow.
Three of the female partners were former VCs. Gu was an investor at ADV and built a data analytics startup which she left. ADV was founded by a man who was also an investor in the company. Several social enterprises were launched in Africa and India by the founding team of FuelVentures.
During their pregnancies and first children, she told me they had been raising the fund for a little over a year, but the idea had been in the works for a long time. We met the same person. There were a few key things that were missing in the UK. Most early-stage fund managers don't have operational experience in emerging markets. That is something that the three of us bring to the table.
She believes that capitalism can be inclusive while still producing big results. We want it to be able to back companies at the early stages of their development. As a guide, we have built our careers with that. The market is finally coming around to the value that we have always advocated. There shouldn't be a trade off between sustainable outcomes. You have to consider both. She said that all three of them came together on that value.
entrepreneurship and technology have enabled a large population of people who used to be under the poverty line to become wealthier and make their lives better. Independent small brand owners are able to compete with the larger ones thanks to my tech company. The experience of driving economic inclusion was a tech-enabled one for me.
It is not a large fund according to Wyndham. She said that the £30 million would allow them to do 18 to 20 companies. We have thought a lot about how we put together our base of people. The LPS that have come in are strategic and provide domain expertise, but they also provide capital continuity. The majority of people are 888-609- 888-609- This is actually increasing our strength beyond 30 million.
She is a friend of mine and mentor of about 12 years and we have shared values. She's one of the main causes of gender parity. Three female doctors raised this fund and all had their first children while they were pregnant. To be able to do both, we had to overcome structural challenges. That is one of the lessons that we hope to share with the community.
Growth Kitchen is a London based company that launches sustainable food brands based on data insights.
The team members of Pact have invested in past. Onto, an electric vehicle subscription service, Perlego, an online learning platform, and Yoco are African FinTech companies.
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