PurposeTech

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Overview

Team

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About PurposeTech

Investor type

VC firm

First check

$10k to $250k

Lead

Sometimes

Themes

in vitro diagnostics

biomarker

renewables

education

renewable energy

renewable

smart grid

+61

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Funding Stages

1. Idea or Patent 2. Prototype 3. Early Revenue

Countries of investment

Poland

Belarus

Bulgaria

North Macedonia Flag of Slovakia

Slovakia

Croatia

Albania

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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.