Alliance For Impact (AFI)

Alliance for Impact (AFI) is a European Day-One Impact Launchpad focused on bridging the gap between purpose and profits. They aim to fast-track the emergence of tomorrow's leaders and support the next generation of impact-driven entrepreneurs. AFI combines equity-free acceleration through AFI Factory with first-ticket seed funding through AFI Ventures. AFI Factory is a 6-12 month acceleration program for growth-stage impact startups seeking funding. AFI Ventures is a pre-seed & seed impact fund investing in 1 to 2 companies per month. AFI believes innovation is a tool for positive evolution, building a sustainable balance between economic growth and positive impact. They consider innovation as a source of opportunity for creating new, sustainable, and impactful business models that benefit society and the environment. The firm is powered by La Ruche, Ventech, and Abeille Assurances, indicating a strong network of partners and resources available to the startups they support. AFI focuses on supporting companies within specific sectors, aiming to create a positive societal and environmental impact alongside financial returns. The firm's manifesto emphasizes the belief in innovation as a driver for sustainable and impactful business models.
Araliventures

Arali Ventures partners with audacious founders rewriting the future of enterprise technology. They invest early, typically at the pre-seed and seed stages, partnering with founders from the initial idea stage through signing early customers. They describe themselves as 'ScaleFounder first | Operator led. | Compounding impact.' offering candid feedback delivered with respect and context. They emphasize deep work on product, customers, and markets, avoiding shallow insights. They value speed of learning through rapid iteration and are committed to long-term trust-based relationships with founders. Arali focuses on businesses that are "workflow-first," with an expanded operator network and a strong understanding of repeatable go-to-market patterns. The fund actively helps fintech founders sharpen business models, understand unit economics, and develop distribution plans. They also support founders on pricing, metrics, and investor readiness, especially for businesses selling into regulated institutions, emphasizing partnerships and clarity of narrative for complex buyers. The firm assists early-stage teams with customer discovery, Ideal Customer Profile (ICP) clarity, and go-to-market iteration. They emphasize turning early signals into actionable plans, focusing on positioning, messaging, and a sustainable execution cadence. Core to their approach is prioritizing clarity on the customer and the fundamental wedge to build upon. They work with teams on pipelines, pilots, and reference-building. They are hands-on when it comes to enterprise deals and helping teams establish the operating cadence needed for long sales cycles. For companies in industrial and regulated domains, they help teams navigate complex buying centers, operational rollouts, and strategic partnerships. The VC firm is particularly useful on sharpening the “why now,” packaging the wedge, and building momentum from lighthouse wins. They provide assistance with key hires, pricing strategy, go-to-market planning, and partnerships, as well as pressure-testing ideas and acting as a sounding board.
Capnamic Ventures

Capnamic Ventures invests in technology companies based in Germany and German-speaking regions, with the goal of supporting them in becoming global category leaders. They believe in the potential of 'Made in Germany' to extend into the digital age and aim to back daring entrepreneurs who can shape the future of technology. Capnamic focuses on early-stage tech startups, offering support from Pre-Seed to Series A rounds, providing hands-on assistance with crucial decisions such as setting up finance departments and making initial executive hires. Their strategy includes leveraging an extensive industry network and providing support functions like marketing and finance to help turn business ideas into fully-fledged companies. They emphasize their deep-rooted network in the German tech scene, with offices in Cologne, Berlin, and Munich. This localized presence gives them a strong understanding of the regional ecosystem. While primarily focused on Germany and the German-speaking regions, they are open to deals elsewhere if they have strong conviction in the company's potential. Capnamic's ultimate goal is to help their portfolio companies scale globally, leveraging their experience and network to provide the resources and guidance needed for success. Capnamic actively supports their portfolio companies, aiming to be the best companion throughout their growth journey. They recognize the importance of their founders' creativity, passion, and drive and aim to fuel this with their support. They have a track record of supporting companies from Seed to IPO, demonstrating their commitment to long-term partnerships. Capnamic's network includes successful founders and large corporations as Limited Partners, providing access to valuable expertise and connections for their portfolio companies. They invest in tech startups at the early stages, from pre-seed to Series A. With their industry network, hands-on approach and their support functions such as marketing and finance, they help to turn a business idea into a fully-fledged company. As a VC firm with people on the ground in Cologne, Berlin, and Munich they have a deep-rooted network in the German tech scene. They strongly focus their investment activities on Germany and the German-speaking regions. That doesn’t rule out deals elsewhere - but they certainly need extra conviction then.
Encomenda Smart Capital

Encomenda Smart Capital is an early-stage venture capital firm focused on investing in technology-driven pre-seed and seed founders. Founded and managed by entrepreneurs, the firm emphasizes a founder-oriented approach, aligning with entrepreneurs and leveraging their experience to help portfolio companies grow. They believe in good ideas that can become great partnerships and cultivate a brilliant future-forward ecosystem. Their investment philosophy includes being founders-oriented, focusing on projects arising in Spain with an international ambition, helping companies from pre-seed to growth stages, providing smart capital based on their entrepreneurial experience, focusing on deep tech (SaaS, AI, blockchain, etc.), and valuing capital efficiency. Encomenda operates with a hands-on approach, actively helping entrepreneurs with their know-how and network. They pride themselves on fast execution and maintain strong connections with national and international venture capital funds. They provide follow-on investments and have a strong network of venture partners across various industries. Encomenda aims to provide an entrepreneur-led fund that allows co-investment to its investors. The firm invests at the earliest stage of projects and look for opportunities to bring their experience as both entrepreneurs and investors to support company growth and scaling. Encomenda's team combines entrepreneurial and investment experience, providing expertise in the early stages of startup development. They invest in founders eager to change the world.
Excellis Holding

Excellis Holding focuses on investing in talented Italian researchers who are emerging as successful entrepreneurs abroad. They aim to address the "brain drain" from Italy by supporting deep-tech startups founded or co-founded by Italians with advanced degrees from prestigious universities and who have developed their careers as researchers and entrepreneurs internationally. They target technologies originating from research in top global labs and research centers, with strong patent protection and significant potential impact. Excellis co-invests in startups that have already secured pre-seed or seed funding, including grants and research awards, and are ready to raise capital with qualified international VCs as lead investors. They aim to invest quickly to create a valuable portfolio, supporting revolutionary scientific startups with strong patent foundations, and creating ideal investment conditions for their partners, co-investors, and entrepreneurs. The firm invests in ambitious projects that aim to have a tangible positive impact on society and co-invests with qualified venture capital funds with a clear track record in the relevant sector.
Galileo Ventures

Galileo Ventures is an Australian pre-seed to seed VC firm that invests in emerging founders building new technology for global markets. They focus on backing exceptional, unproven, and often overlooked entrepreneurs who are leveraging new technologies to build market-leading companies. The firm believes a revolution in entrepreneurship is underway, where anyone with an internet connection and an idea can build a global business. They aim to be the first investor in these founders, providing capital and hands-on support to help them succeed. Galileo co-invests with leading global VCs and provides follow-on funding support.
Global Founders Capital

Global Founders Capital (GFC) is a global early-stage investor that empowers gifted entrepreneurs. They aim to back founders who start category-defining ventures, providing support from day zero through all stages of growth. GFC invests across all geographies, focusing on early-stage companies from pre-seed and seed and throughout their lifecycle.
Hook

Hook is a pre-seed program designed to support founders at the very beginning of their entrepreneurial journey. They invest €50,000 in 10 startups twice a year through a program focused on community, mentorship, and investor exposure. The "Hook Batch" program centers around weekly gatherings with successful entrepreneurs, access to on-demand mentoring, and a Demo Day for presenting to investors and journalists. The firm aims to provide startups with the crucial resources and network needed to navigate the initial challenges of building a company.
KRING

KRING is a venture studio and fund that focuses on building and investing in startups addressing complex challenges in health, wellbeing, and sustainable energy. They target pre-seed and idea-stage ventures, providing support from the ground up. KRING infuses AI into product building, market validation, go-to-market strategy, and growth phases. They offer founders and teams access to a comprehensive toolbox, AI applications, and tailored playbooks for venture building and scaling. The firm emphasizes collaborative work, with their team working closely alongside founders and corporates in areas such as strategy, product development, branding, recruitment, and operations. This hands-on approach aims to equip startups with the necessary capital, network, and investor readiness for securing funding and achieving scalability. KRING combines venture capital with venture building to help entrepreneurs and corporate leaders build ventures that create real impact. They leverage their expertise to identify promising opportunities and proactively support their growth. Their approach involves both investing in external founders as well as proactively spinning out their own ventures. The firm emphasizes building companies with purpose and focusing on ventures that contribute positively to society and the environment. They bring together entrepreneurs and corporate leaders to build ventures that create real impact, combining investment, playbooks, and full support of the venture studio.
Luminar Ventures

Luminar Ventures is a pre-seed and seed-stage venture capital firm based in the Nordics. They aim to invest in visionary founders with big ideas and help them build trailblazing companies. They focus on providing capital and guidance to navigate product-market fit, enable rapid growth, and lay the groundwork for international expansion. The firm positions itself as more than just a capital provider, aiming to leverage its experiences and networks to guide and support founders on their journeys from initial vision to hyper-growth. This includes assisting with key early hires, product development, securing initial customers, and making crucial decisions to achieve global scale. They are particularly interested in founders who embody relentlessness, resourcefulness, transparency, and compassion, mirroring the firm's own values of honesty, kindness, ambition, and helpfulness. As former founders and angel investors themselves, Luminar Ventures emphasizes a hands-on approach. The team has experience with both founding and investing in companies. This background allows them to relate to and address the challenges faced by early-stage startups more effectively. They are committed to being helpful to every entrepreneur they meet, irrespective of whether they invest. In addition to direct support, they aim to work with other investors to facilitate relevant deals. Luminar's core values strongly influence their investment strategy. They seek founders who demonstrate a relentless drive to solve problems for their customers and inspire their teams. Resourcefulness, or the ability to find ways to acquire needed resources, is another key attribute they look for. Transparency and open communication within the team and with stakeholders are also essential. Finally, compassion and empathy towards everyone in the organization are highly valued, even during challenging times. By investing in founders who share these values, Luminar Ventures aims to foster a positive and collaborative environment for growth.
Metavallon VC

Metavallon VC is a venture capital fund investing in early-stage technology startups with strong ties to Greece. They focus on backing ambitious founders who use Greece as a springboard for global innovation, particularly in deep tech and life sciences. They provide initial investments at the pre-seed stage (Brain Gain Fund) from €200K to €400K and up to €1.5M at Seed and Seed+ stages, complemented by hands-on support. Their Brain Gain Fund is a €5M pre-seed fund specifically for deep tech and life sciences founders who commit to building world-class R&D and product teams in Greece, whether they are based abroad or emerging from Greek universities. At the Seed+ stage, Metavallon supports companies needing more fuel to reach Series A, providing investments of €2-4M and opening their network of professionals, corporates, clients, and investors. They offer support in next-round fundraising, connecting startups to over 38 VCs globally. They also facilitate access to service providers, non-dilutive financing, top corporate clients for B2B sales, pilot alliances, recruiting/talent management support, and exit planning assistance. Metavallon invests in diverse tech companies, with emphasis on sectors like Transportation & Mobility, Energy & Cleantech, Space & Aviation, Machine Learning & AI, Microelectronics & Robotics, Manufacturing & Logistics, Agriculture & Foodtech, Fintech & Insurtech, Big Data & Analytics, Internet of Things, Maritime, Retail, Healthtech, Blockchain, and VR & AR. They believe in founders with Tech, Talent, and Resolve.
Neo Founders

Neo Founders is an exclusive network of serial entrepreneurs and early-stage investors focused on backing ambitious founders and helping them build market-leading companies. They operate as a club deal, mobilizing expert capital and networks. The firm invests in a highly selective portfolio of 15+ promising startups each year, with a focus on driving growth through go-to-market strategies, HR, CRM, and revenue generation support. Their objective is to prepare founders for subsequent fundraising rounds, attracting Tier-1 investors and achieving successful scale globally. Neo Founders provide access to non-dilutive financing and lead exclusive club deals. The firm supports future fundraising rounds from strategy to execution, provides board seat opportunities to actively accelerate the business and offer high-value, qualified business introductions to drive strategic partnerships and revenue. The firm aids talent acquisition, including direct access to top candidates through school partnerships, alumni network, and targeted talent sourcing. Giving back is also a core value, with 10% of the added-values generated will be donated to a foundation. The firm aims to turn ambition into results by providing funding, growth strategies and talent. Neo Founders focuses on building lasting relationships and supporting founders throughout their journey.
Overkill Ventures

Overkill Ventures backed pre-seed and seed stage startups primarily in the Baltics, Nordics, CEE, and CIS regions. While Overkill Ventures itself is not currently making new investments, it directs startups to its sister funds Accelerace (Copenhagen based, for pre-seed stage startups from the Nordics or Baltics) and New Nordic Ventures (for seed stage B2B software startups from the CIS or CEE region). The firm has invested in 38 pre-seed startups and has had multiple exits, suggesting a focus on early-stage companies with high growth potential in the identified geographies.
Peak Pride

Peak Pride functions as the investment and portfolio management specialist of the Haselsteiner Family Private Foundation, with a particular emphasis on early-stage investments. Their aim is to unite innovation with traditional values, they are committed to identifying and supporting start-ups with the potential to effect sustainable changes in their markets. By combining capital provision with strategic advice, Peak Pride strives not only for financial success but also for a positive societal contribution. Integrity, sustainability, and the promotion of innovation are at the heart of their investment philosophy, relying on thorough analysis and assessment to create long-term value in line with the principles of the Haselsteiner Family Private Foundation. Peak Pride enables innovation through successful investments, uniting various strengths. They focus on recognizing potentials, fostering collaboration, acting flexibly, and achieving goals with a clear orientation. They see themselves as close partners of start-ups and support them with economic and industry-specific expertise, acting as door-openers in various networks. Transparency and solution-orientation are the cornerstones of their cooperation.
Peregrinevc

Peregrine Ventures is a dedicated healthcare fund based in Israel, committed to improving patients' quality of life by investing in and supporting life-changing healthcare opportunities. They bring together deep industry knowledge and a synergetic strategy, allowing their investment professionals to support portfolio companies in developing meaningful breakthroughs in healthcare. Peregrine operates as a multidisciplinary powerhouse, offering scientific creativity and execution of business, regulatory, and investment strategies for life science companies across various stages, from seed to advanced growth. The firm works closely with entrepreneurs and industry partners to provide the knowledge and tools necessary to bring groundbreaking medical technologies to market. Peregrine's investment strategy involves providing support to companies at every stage of their lifecycle. This includes early and mid-stage funds, an 'Incentive' Incubator for pre-seed and seed companies, and Peregrine Growth, a fund focused on more mature companies in their late-stage financing rounds before M&A or IPO. Their commitment to identifying, funding, and partnering with entrepreneurs aims to generate outstanding results in the healthcare sector.
Playfair Capital
Playfair partners with visionary founders who exhibit hustle, heart, and humility to build durable, scalable companies. They provide hands-on support beyond funding, aiming for a 78% pre-seed to Series A graduation rate. The fund prioritizes long-term ecosystem engagement, gender balance in venture, and merit-based access to capital.
Possible Ventures

Possible Ventures invests in early-stage companies focused on solving the world's most pressing challenges. Their investment strategy centers around backing founders working on solutions across climate, energy, health, and society. They seek sustainable initiatives like carbon capture, energy transition, food & agriculture, and new materials, as well as circular economy and space exploration for alternative resources. In health, they target new tools and models for drug discovery and precision medicine, aiming to improve health and longevity. For society, they invest in AI-supported software tools, financial inclusion, and upskilling initiatives to boost productivity and create a more equitable future. The firm looks for frontier technologies in deep tech, life sciences, and software platforms that are unlocking unprecedented innovation. They emphasize the convergence of diverse disciplines, such as science, engineering, and entrepreneurship, believing that interdisciplinary teams drive breakthrough ideas and solutions. This can happen anywhere, and they are open to exploring new regions and building relationships with entrepreneurs and investors globally. Possible Ventures focuses on pre-seed and seed rounds, providing support to startups at the early stages of their development. They may also consider later-stage companies demonstrating strong growth potential and alignment with their investment strategy. They are relentlessly optimistic, choosing to focus on possibilities rather than risks, with a commitment to harnessing technology as a force for good to improve the lives of future generations.
Ragnarson

Ragnarson invests in pre-seed and seed-stage climate tech startups, aiming to partner with entrepreneurs who are striving to improve sustainability, fight climate change, or reduce socio-economic inequalities. They provide not only capital but also software development services, leveraging their expertise in strategic consulting and high-quality code development to help startups build and polish their MVPs. Ragnarson aims to be a technological and financial partner, deeply understanding the business and assisting with conscious software decisions to fulfill customers' visions of a better future. They look for startups solving significant problems in the economy and society, offering cash, know-how, and software services to those they believe. Their investments reflect a focus on circular economy and sustainability-related ventures, targeting companies addressing challenges from decarbonizing buildings to reducing fashion waste and promoting re-commerce. This suggests a thesis around supporting companies that create positive environmental and social impact through innovative business models and technologies. Ragnarson's approach combines venture investing with software development services, providing a unique value proposition to early-stage startups. This hands-on approach enables them to support their portfolio companies not only financially but also operationally, helping them build and scale their software solutions effectively.
SURFnCODE

SURFnCODE is a startup studio in Portugal that co-founds ventures with exceptional founders. They offer more than just advice or investment; they provide hands-on delivery, working as co-founders with a proven team and playbook to help startups reach their goals quicker, cheaper, and faster. They focus on building long-lasting businesses and products with a positive impact, co-creating with founders to ensure success. Their approach aims to de-risk innovation and increase the chances of success compared to traditional venture systems. They support founders through pre-seed and seed stages, validating concepts and providing ongoing support throughout the journey. SURFnCODE invests significant time in its startups, working closely with founders to validate ideas, reach market fit, and produce MVPs. They apply their strength in product guidance, drawing on the experience of successful and failed founders to identify what works and what doesn't. Their process is product-focused, saving time and money for founders by de-risking innovation. They help founders develop a go-to-market plan, track metrics, accelerate product development, and identify growth opportunities. Their team comprises founder-quality technology, product, and investment professionals from companies like Skype, Apple, Microsoft, and Amazon, holding over 100 patents. They aim to provide founders with the support and validation needed to succeed through a multidisciplinary approach. The firm emphasizes work-life harmony, incorporating surfing values like patience, resilience, embracing change, and community into their work culture.
ScaleGood Fund

ScaleGood Fund is a Social Impact Investment Venture Capital Fund focused on delivering both top-notch financial results and measurable social impact performance. Their mission is to "scale good" by maximizing profits while measurably improving communities, bridging the gap between traditional VC and impact investing. The fund seeks to prove that financial success and social progress can be perfectly aligned. They aim to invest in ventures with the promise of a strong financial return coupled with measurable social impact goals. They are looking for entrepreneurs whose exceptional solutions can create systemic change, positive impact, and healthy returns. They believe in pairing mission and value oriented limited partners with entrepreneurs who share similar values and goals to achieve magical impact.
Sofia Angels Ventures

Sofia Angels Ventures (SAV) is a €13 million venture capital fund that co-invests alongside angels, family offices, and other private investors and funds. They target scalable technology startups at the pre-seed and seed stages. While their primary focus is on companies from Bulgaria, SEE (South Eastern Europe) & CEE (Central and Eastern Europe) countries, they also have a vision to operate around Europe and globally. SAV's management team comprises angel investors, entrepreneurs, and executives that transitioned into venture capital, bringing a blend of operational and investment experience. SAV's co-investment model allows them to leverage the expertise and due diligence of angel investors and other early-stage backers. This collaborative approach mitigates risk and provides access to a wider network of resources and potential follow-on investors. By focusing on pre-seed and seed-stage companies, SAV aims to capture opportunities at an early stage of growth and contribute to building successful and scalable businesses. They aim to add value beyond capital through their experience as angel investors, entrepreneurs, and executives. While the specific details of their value-add (platform, network, operational support) aren't detailed in the provided text, the background of the management team suggests a hands-on approach and a focus on helping portfolio companies navigate the challenges of early-stage growth. The fund is backed by the European Investment Fund (EIF), providing it with a level of credibility and access to a wider network of European investors and resources. This backing signals a commitment to supporting innovation and entrepreneurship in the SEE and CEE regions.
Technofounders

Technofounders is a Startup Studio focused on investing in technology to build impactful ventures, specifically in the DeepTech ecosystem. They aim to multiply the impact of scientists, engineers, and entrepreneurs by funding and orienting technological innovation towards practical solutions that address major global challenges. Their strategy involves identifying disruptive technologies, primarily stemming from research institutions, and structuring investment vehicles to fund and develop innovative projects into successful industrial companies. They have a comprehensive team-based approach, ensuring startups have access to the right expertise at the right time, from pre-seed to exit, including Venture Partners for initial evaluation and interim CEO roles, Operating Partners for operational and strategic support, and Managing Partners for strategic guidance and board participation. Technofounders aims to drive positive impact through deeptech innovation across various sectors. Their investment approach is stage-specific. In the feasibility phase, Venture Partners assess technologies and commercialization paths. During the pre-seed phase, Venture Partners act as interim CEOs, building initial products and teams. Seed acceleration involves Operating Partners providing operational support and Support Services handling administrative tasks. Finally, in the growth phase, Managing Partners offer strategic guidance through board participation, focusing on strategic priorities, funding strategies, and exit planning. Technofounders emphasizes collaboration with academic institutions and industry partners to transform research projects into viable businesses. They actively engage with major research institutions in France, such as CEA and CNRS, to identify and commercialize innovative technologies. Their team structure is designed to provide comprehensive support throughout the startup lifecycle, from initial technology assessment to successful market entry and growth. They prioritize investments with the potential to address pressing societal challenges and create sustainable solutions.
idacapital

idacapital Investment Fund is a pioneering impact fund in Türkiye, focused on fostering transformational enterprises with high growth potential while addressing societal and environmental challenges. The fund aims to align profit with purpose, contributing to a more sustainable and equitable future by investing in technology-driven sectors such as FinTech & Digital Inclusion, LogTech, HealthTech, EdTech, ClimateTech, and AgroTech in Türkiye and beyond. They seek companies with disruptive ideas poised for rapid growth, targeting untapped niches or challenging established industries, investing in ventures that generate strong returns while driving positive social and environmental impact. idacapital looks for high-growth, scalable, and disruptive innovative companies that can achieve substantial growth and profitability. They back ventures primed to capitalize on significant market opportunities. The fund runs the Innovate21st Acceleration & Investment program. This program includes a two-phased approach, with a careful two-stage evaluation system for applications. Startups chosen for investment are included in a 24-week acceleration program designed to develop their businesses, increase market share, and expand their network. The firm has a sector-agnostic approach but maintains a distinct focus on financial inclusion. They emphasize that net financial returns are the core driver of their investments, aligning with their mission to discover and invest in startups founded by the brightest minds to create the next gazelles emerging from Türkiye and beyond.
Paua Ventures

Paua Ventures invests in B2B tech entrepreneurs who are obsessed with solving complex problems in vast markets at the pre-seed & seed stage. The firm aims to invest, build, assist, hustle, connect, and facilitate the growth of their portfolio companies. They provide access to industry experts, product advisors, tech advisors, veteran mentors, and customers to help their portfolio companies succeed. Paua Ventures focuses on backing founders who are tackling complex challenges in large markets, demonstrating a clear focus on early-stage companies with high growth potential.