Soulmates Ventures has announced the expansion of its €50 million fund to bolster the support for sustainable innovation startups. The fund will provide initial investments of up to €3 million per startup, with follow-on funding of up to €5 million to ensure that startups receive long-term support. The fund shared the details with AIN.
About the €50 million fund
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Soulmates Ventures invests under Article 9 of the SFDR, backing scalable and transformative ventures that drive environmental and social change.
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Over the years, Soulmates Ventures has developed a strong track record with 26 investments in 17 European startups, focusing on eight key areas: air, water, energy, mobility, circular economy, food and agriculture, education, and healthcare.
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The firm’s portfolio includes eAgronom, Kardi AI, Twinzo, Flowpay, Signapse AI, Fusebox, Ogre AI, Madmonq, Youni, and Twin Science.
“Since our inception, sustainability has been at the core of our strategy, ensuring investors gain a clear understanding of how the startups we support address environmental and social challenges backed by detailed ESG performance insights. By aligning our portfolio with Article 9 of the SFDR standards, we ensure our investments meet the highest sustainability criteria,” says Hynek Sochor, Founder and Managing Partner of Soulmates Ventures.
The fund will not only offer funding, but also provide startups with a platform for growth, strategic guidance, and access to industry experts.
