The Netherlands, 12 April 2023
4impact capital (“4impact”) has launched its second venture capital fund committed to supporting Europe’s most ambitious early-stage digital tech4good ventures. First close has been completed with a target fund size of €100 million.
The Fund’s core strategy continues to be based on the combination of scalable software solutions for the planet and people with strong financial returns. 4impact invests in exceptional entrepreneurs in the Seed to Series A phase for the initial investments across Europe with a focus on the BeNeLux, the Nordics and the German speaking region and supports founders through their extensive network, knowledge and experience.
4impact was founded by Pauline Wink and Ali Najafbagy in 2019, with partner Kate Mullord joining two years ago. The three partners met over 20 years ago during their time together at Goldman Sachs and each bring a unique set of skills and experience from an investors’ and operational perspective with a strong international network. They are driven by the desire to effectuate positive change and the best way to do this is to contribute to the needed change.
Founding Partner Pauline Wink: “Combining the rapid innovation and exponential growth seen in digital technology with impact means we can create tangible positive impact at scale. These are companies that solve today’s problem, to create a better world tomorrow and therefore are the companies of the future and can generate meaningful impact and financial returns.”
Founding Partner Ali Najafbagy: “We have strengthened our team with talented investors from The Netherlands, Finland and Sweden, Germany and Switzerland to best partner with the entrepreneurs in our focus regions with the goal to become the leading early-stage tech4good investor in Europe. We are grateful to our investors including family offices, entrepreneurs, business leaders and institutional investors such as Invest-NL and Oost NL.”
4impact has a successful history investing in Dutch ventures with Fund I such as Equalture, Satelligence, Carbon Equity and Circularise. Headquartered in The Netherlands, 4impact consists of a team of 9 dedicated and driven investors.
“We believe digital technology is of vital importance to speed up the transition towards a carbon neutral and circular economy. 4impact’s focus on early stage digital companies has resulted in a promising portfolio of impactful companies and we look forward to bringing the 4impact platform to the next level.”, says Tim van Vledder, senior Investment manager at Invest-NL regarding its investment in Fund II.
Pauline Albers, investment manager Fund-in-Fund at Oost NL, regarding its investment in Fund II says: “4impact’s investment focus has proven that impact investing can deliver significant financial returns, which in turn increases the scale of the impact being made. The fund fits well with Oost NL's goals of accelerating innovation through investments and with the strength of our region, where technology-driven startups are working to make a difference.”
This successful launch taking place during a time of market uncertainty provides a strong opportunity to invest in impact and software ventures and to invest in a better future.