Redstone and EnjoyVenture have combined forces to create Human Impact Capital (HIC), Germany’s first dedicated scial impact VC fund. The fund will deploy cash into digital business models focusing on health, education and “living,” and explicitly invests to have an impact along sustainable development goals. To HIC, this means “No Poverty, Good Health and Wellbeing, Quality Education, Gender Equality and Reduced Inequalities.”
I spoke with the fund’s manager, Lucas Paul, to find out what drove the creation of the fund and its investment thesis.
“We are convinced that innovation is key to overcoming the biggest social challenges of our time, and we are dedicated to contributing to a better future and supporting innovation through investments in social impact startups,” said Paul in an interview with TechCrunch. “Entrepreneurs providing solutions to these social problems will advance our society …
