• Email Us: [email protected]
  • Contact Us: +1 718 618 4351
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Founders Factory and G-Force launch Seed program for climate-focused startups

September 6, 2021 by David Barret Leave a Comment

UK tech accelerator Founders Factory is joining forces with a European counterpart to launch the Founders Factory Sustainability Seed program. Launched in partnership with G-Force (the G is for Green) based out of Bratislava, Slovakia, the program will look to invest in and accelerate climate-tech startups.

The program will invest in entrepreneurs with startups that can reduce the world’s greenhouse gas emissions, speed up the transition to a circular economy, create sustainable housing and manufacturing solutions, as well as address climate-friendly mobility, food/feed production, and capturing/storing CO2 and methane.

The Program, run with G-Force largely out of Bratislava, Slovakia, will be operated in a “hybrid” manner: mixing remote and in-person support. The idea is that any eco-tech venture in any location in the world can apply and join the program.

Founders Factory’s partner in the Sustainability Seed program, G-Force, is being backed financially by a syndicate of Central and Eastern European investors including Boris Zelený (figure behind AVG, which sold to AVAST for $1.4bn), Marian Gazdik (Startup Grind), and early-stage investors Peter Külloi and Miklós Kóbor.

Startups selected program for the will get a Seed investment of up to €150,000, six months of startup support using Founders Factory’s team, as well as introductions to potential customers, partners, corporates, and investors.

Henry Lane Fox, Chief Executive Officer at Founders Factory, said: “By nurturing the disruption entrepreneurs are so good at creating we can design a better, more sustainable future for all. In partnership with G-Force, Founders Factory Sustainability Seed Program will be a leading pre/seed program committed to building and supporting the ventures that will have a positive impact on the world.”

Marian Gazdik, co-founding partner of G-Force, said: “Our ambition is to make G-Force, in partnership with the Founders Factory Sustainability Seed Program, into a world-class sustainability innovation hub, based in the heart of Europe.”

Expanding on the idea, Lane-Fox told me: “In this particular case, rather than being aligned to one individual corporate partner, which has been our model to date, we’re able to bring together a group of angel investors and make this more of a pure financial investor play. We think that actually suits this specific sector better. We will also be providing a bit more capital to those companies early on to make sure they can benefit from the program to the maximum degree.”

Gazdik added that by being based in the EU rather than the UK, the program will also be able to take advantage of some EU grant programs.

Source Link Founders Factory and G-Force launch Seed program for climate-focused startups

David Barret
David Barret

Related posts:

  1. Fate of national daycare in the hands of Canadian voters
  2. With a little help from their friends: how The Sims 4’s community has helped shape the game
  3. Pancake aims to make customers flip for its virtual home design platform
  4. Best cordless vacuum 2021: The top models for pet hair and hardwood floors we’ve tested

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

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

Primary Sidebar

  • Rare Antibody Could Reverse “Incurable” Heart Disease, Finds Breakthrough Study
  • Hollow Earth: The Weird And Ancient Theory That The Earth Is Filled With Mole People
  • Wolves Go Fishing More Often Than Anyone Realized, Camera Traps Reveal
  • Watch Hawaiʻi’s Kīlauea Volcano Erupt In This Fiery Livestream
  • Romantic Love May Have Evolved From Ape Bromance
  • Massive “Mountains” Found Deep Within The Earth Are Around 5 Times Larger Than Everest
  • The Grim Reason Eating Fresh Pineapple Makes Some People’s Mouths Bleed
  • First Observations Of Secondary Supermassive Black Hole Within Famous Double-Hole Quasar
  • Crocodiles Seen Reproducing Via “Virgin Birth” For First Time – No Male Required
  • The Tarot Card Riddle – Can You Solve It And Break The Ancient Curse?
  • Orcas Attack Boat Using More Extreme Tactic For First Time
  • Geologists Drilling Deep-Sea Hole Retrieve Deepest Earth Mantle Rocks Ever
  • “Lost World” Of Early Ancestors Revealed In Billion-Year-Old Fossilized Fat Molecules
  • Parker Solar Probe Finds The Source Of Fast Solar Wind Flurries
  • How Loser Synapses Get A “Punishment Signal” To Get Pruned Off
  • How To Treat Jellyfish Stings (Hint: Urine Not Recommended)
  • Derinkuyu: The Ancient Underground Cave City That Can House 20,000 People
  • The Man Who Got Stuck Inside A Cloud For 40 Horrific Minutes
  • Biggest Piece From World’s Largest Iceberg Destroyed In Notorious Iceberg Graveyard
  • Ukraine’s Dam Collapse May Be Europe’s Biggest Ecological Disaster In Decades
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 618 4351
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2023 · Medical Market Report. All Rights Reserved.

Go to mobile version