Prediction Capital reaches first close of €30 million for new fund to support start-ups targeting UN SDGs

Another day, another dollar, and another venture capital fund launched. But, refreshingly, this one will deal specifically with the UN’s Sustainable Development Goals.

Forecast Capital is a new VC spun out of Swiss Family Office infinitas Capital, the investment firm of former entrepreneur and investor Robin Lauber, and created together with Christopher Chufart and Kilian Graulich. The fund, which reached its first close of €30 million, will focus on start-ups covering ConsumerTech and FinTech mainly in the German-speaking DACH region.

Another focus will be on businesses adopting the UN Sustainable Development Goals (SDGs), in particular good health and well-being, quality education, gender equality, decent work and economic growth, reduced inequalities, responsible consumption and production, action on climate, peace, justice and Strong institutions and partnerships for the goals.

It has so far invested in Heritas, Foodetective (online infrastructure and trade industry intelligence
raised $2 million) and House of Change.

Lauber is in real estate, but also brought Dunkin’ Donuts to Switzerland, where he successfully exited the business in 2020. Chufart was most recently at Mountain Partners, a Zurich-based VC, before moving to i2i Logic (Australian corporate finance FinTech) to open their European HQ. Graulich is formerly of McKinsey & Company.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *