New Human Impact Capital fund launched

The impact fund aims to invest in start-ups that offer solutions to social problems in the areas of housing, education and health.

Redstone and EnjoyVenture have launched the Human Impact Capital (HIC) Fund I. The early-stage VC fund is endowed with 50 million euros and aims to invest in digital business models that add value to society and offer solutions to social challenges. The fund focuses on start-ups in the areas of healthcare, housing and education. The aim is to invest in healthtechs that contribute to securing healthcare and protecting the ageing population. In the area of housing, the focus is on increasing quality of life and reducing loneliness. Start-ups in the field of education are to be supported if they can reduce social inequalities and ensure access to high-quality education.

HIC is managed by venture capitalists from Redstone and EnjoyVenture. The fund is advised by an advisory board headed by Harald Schmitz, CEO of Bank für Sozialwirtschaft, and Brigitte Zypries, former Federal Minister of Economics and Justice. Bank für Sozialwirtschaft is one of the fund's anchor investors.