Soulmates Ventures Expands Investment in Sustainable Innovation with €50 Million Fund
Prague-based accelerator and venture capital firm, Soulmates Ventures, has announced the launch of a €50 million fund dedicated to sustainable innovation. This new fund significantly boosts their commitment to supporting early-stage startups, increasing initial investments to up to €3 million per startup, with follow-on funding extending up to €5 million.
Operating under Article 9 of the Sustainable Finance Disclosure Regulation (SFDR), Soulmates Ventures is focused on funding ventures that drive environmental and social change. Their mission is to accelerate the growth of scalable, sustainability-focused startups and help them navigate the challenges of scaling while expanding into new markets.
Hynek Sochor, Founder and Managing Partner of Soulmates Ventures, stated, “Our goal is to help innovative, fast-growing companies in sustainability scale and expand. When we see their ‘rocket’ launched — powered by a strong team and a great product — we want to be the ones providing the extra fuel.”
Since its inception in 2020, Soulmates Ventures has been at the forefront of supporting startups that align with a long-term vision for sustainable development. The firm’s portfolio now includes 17 companies, such as eAgronom, Kardi AI, Twinzo, and Flowpay, across industries like air, water, energy, mobility, circular economy, food and agriculture, education, and healthcare.
Building on the success of its initial investments, Soulmates Ventures is committed to supporting sustainable ventures through every phase of growth. The firm’s new fund is designed to offer long-term backing, starting from Seed investments and extending through to Series A rounds.
In addition to financial backing, Soulmates Ventures offers a comprehensive acceleration programme designed to help startups scale more effectively. The firm connects entrepreneurs with an in-house team and industry experts, providing guidance across areas such as brand building, marketing, financial management, operations, and market expansion.
By focusing on startups addressing environmental and social challenges, Soulmates Ventures ensures that every investment meets the highest sustainability criteria, providing investors with detailed insights into the Environmental, Social, and Governance (ESG) performance of its portfolio companies.
With this new €50 million fund, Soulmates Ventures continues to fuel the growth of startups creating solutions for a sustainable future while supporting the transition to a greener and more equitable economy.