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PurposeTech

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About PurposeTech

Investor type

VC firm

First check

$10k to $250k

Lead

Sometimes

Themes

tech for good
medical device
CO2
smart grids
recycling
smartgrid
smart grid
photovoltaic
utilities
learning management system
diagnostics
health
smartgrids
therapy
renewable energy
social good
agtech water
proteomics
e-learning
wind
bioimaging
solar
medical devices
edtech
SDG
ed-tech
future of learning
medtech
climate
underserved
in vitro diagnostics
ESG
biodiversity
ag tech
social
circular economy
ag-tech
edutech
agriculture
environmental
US SDG
waste
green tech
environment
grid
cleantech
renewables
education
clean energy
sustainable
greentech
sustainability
environmental impact
Sustainable Development Goals
agritech
impact
renewable
agricultural-tech
med device
biomarker
social impact LMS
environnement
IVD
agriculture-tech
food
clean tech
+61
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Funding Stages

1. Idea or Patent2. Prototype3. Early Revenue

Countries of investment

Flag of Poland PolandFlag of Belarus BelarusFlag of Bulgaria BulgariaFlag of North Macedonia North MacedoniaFlag of Slovakia SlovakiaFlag of Croatia CroatiaFlag of Albania AlbaniaFlag of Hungary HungaryFlag of Romania RomaniaFlag of Latvia LatviaFlag of Bosnia-H Bosnia-HFlag of Estonia EstoniaFlag of Moldova MoldovaFlag of Serbia SerbiaFlag of Ukraine UkraineFlag of Lithuania LithuaniaFlag of Czech Republic Czech RepublicFlag of Slovenia Slovenia
+11
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Who we are

PurposeTech is a pre-seed fund that supports purpose-driven technology startups in the CEE.
‍
We empower purpose-driven founders. We are their very first investor and one of their most valued partners in their journey to change the world.

PurposeTech was co-founded by serial entrepreneurs Zdenek Fred Fous, David Kovalsky, and the Impact Hub - a global network for impact-driven entrepreneurs, innovators and creators.

Funding Requirements

We invest in impact-oriented startups. Some fields are sustainable technology, climate technology, green technology, digital health, education technology, waste reduction, carbon reduction, agriculture technology, etc.

Value add

We invest super early.
As the initial investors in the startups we support, we participate in angel or pre-seed rounds. We frequently collaborate with other funds and angels, and act as the lead investor where required.

We are very hands-on.
We devote several hours per week to each of our startups, primarily assisting them in building an investable MVP with adequate traction. We are structured, evidence-based and always absolutely honest.

We open doors.
Our close partnership with the Impact Hub(<https://impacthub.net/>) grants us access to a vast network of entrepreneurs, experts, and decision-makers. As a result, we provide introductions and open doors for our startups regularly.

Locations

Impact Hub Prague (D10) Drtinova 557/10, 150 00 Prague HQ

PurposeTech Team

Aj Ramsey

Aj Ramsey

Scout

Joel Wiberg

Joel Wiberg

Analyst

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