Female-Led Pact Launches £30M Seed Fund

Pact, a London, UK-based all-female-founded early-stage agency investing in startup, launched its £30M Seed fund.

Limited Partners included anchor investor Campden Hill Capital, Jeff Dean, the Head of AI at Google; Yeming Wang, the previous head of EMEA of Alibaba; Fahd Beg, the COO of Naspers; Keith Teare, the founding shareholder of TechCrunch; Todd Ruppert, the retired CEO of T. Rowe Price Global and enterprise accomplice at Greenspring Associates, Tilo Bonow, CEO of PIABO and Anne Hathaway, UN Woman Goodwill Ambassador and Oscar Award Winning Actress, amongst others. 

Co-founded by three feminine companions – Tong Gu, Reem Mobassaleh Wyndham, and Monik Pham, Pact will make investments £1-1.5m in early-stage startups throughout Europe utilizing know-how to deal with key priorities for the following technology – financial inclusion, private {and professional} well-being, and local weather options.

In addition to capital, Pact will present founders in its portfolio with entry to a world collective of former founders, operators and buyers to assist the portfolio as they develop. This collective consists of Ronny Shibley, Former CTO and Co-Founder of Gorillas, Guarav Dhar, CEO of Marshall and MENA FinTech Association Board Member, Murali Akella, Head of Growth Drivewealth and Amy Rennison, Impact advisor. Its group has ties to MENA, Southeast Asia and China.

Pact’s first funding has been made into Growth Kitchen, a London-based firm that makes use of information insights to launch meals manufacturers with sustainability as its core operations. The agency has additionally made two investments but to be introduced – one which makes use of AI for automation instruments for SMBs, and a monetary inclusion platform for migrant communities in Europe.

FinSMEs

24/11/2022

Leave a Comment