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PurposeTech

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About PurposeTech

Investor type

VC firm

First check

$10k to $250k

Lead

Sometimes

Themes

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