Female-Led Pact Launches £30M Seed Fund
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Pact is a new Seed VC fund launched with a £30 million ($36 million) pot of cash to back early-stage startups across Europe. Pact will aim at ‘mission driven’ startups in what it calls the “ABC” categories: Access (economic inclusion), Betterment (personal and professional well-being), and Climate. Pact’s investment tickets will range from around £1m to 1.5m.
Maki.vc's new partner Pauliina Martikainen said VCs must work on their organizational structure and culture to address the sector's gender imbalance.