The Hague-based 4impact Capital launches €100M Fund II to support early-stage digital tech4good ventures

The Hague-based 4impact Capital, a venture capital firm, announced on Wednesday the launch of its second fund with a commitment to support early-stage digital tech4good ventures in Europe.  

The fund has completed its first close with a target fund size of €100M.

4impact Capital says that Fund II targets a portfolio of around 25 investments and has already made its first investment in the fast-growing venture Carbonfuture.

Supporting entrepreneurs driving positive change

Pauline Wink, Ali Najafbagy, and Kate Mullord founded 4impact Capital in 2019. 

The VC’s core strategy focuses on the combination of scalable software solutions for the planet and people with strong financial returns. 

Wink says, “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.”

The Dutch VC aims to invest in exceptional entrepreneurs in the Seed to Series A phase, primarily across Europe, primarily on the BeNeLux, the Nordics, and the German-speaking region. 

The firm also aims to support founders through its extensive network, knowledge, and experience.

4impact has a history of investing in Dutch ventures with its first fund, including Equalture, Satelligence, Carbon Equity, and Circularise. 

Currently, the company employs a team of 9 dedicated and driven investors.

Ali Najafbagy says, “We have strengthened our team with talented investors from The Netherlands, Finland, 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.”

What the investors say

“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.

Pauline Albers, investment manager Fund-in-Fund at Oost NL, 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.”