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Seed Investing to Boost Economic Opportunity and Climate Action

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Beliefs 

Solving humanity’s biggest problems will build economic value. Profit and purpose can be a virtuous cycle.

  • Every company has an impact on society; Positive impact needs intentionality and focus​

  • Tech-enabled companies can have significant impact at scale BUT Tech companies and impact investors largely live in different worlds

  • ​​Positive impact companies can provide superior financial returns​​

  • Avesta can bridge these worlds to harness the tech world toward positive impact

 
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What we look for

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Scalable Solutions to Boost Economic Opportunity or Climate Action

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  • Tech-enabled companies whose positive impact is aligned with their business​

  • Areas of focus:

    • Opportunity: Education, Financial Inclusion, Future of Work, Health Access & Affordability, Housing, Entrepreneurship Development

    • Climate: Sustainable Agriculture, Energy Efficiency, Clean Energy, Carbon Sinks, Clean Manufacturing, Circular Economy, Green Buildings

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  • Stage: Pre-seed or Seed; Typically raising $750K to $2.5M in the round

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  • We prioritize (but are not limited to) diverse entrepreneurs

 
 

What we offer

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Typical investments of $150K to $500K per company

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Unique mix of experiences that help companies bridge both the VC and impact worlds

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Best-practice based coaching to help founding teams optimize their impact, and align it with their business

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Connections to our broad network of investors and partners interested in impact-oriented tech startups

 
Portfolio

Zoom for site visits: Immersive, remote collaboration

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Live-streamed and on-demand STEM classes

Rural microgrids for distributed, resilient, renewable energy

Supporting physician independence in underserved communities

Align smart cities and micromobility operators

Virtual women's clinic

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Interest-free credit line for underbanked gig workers

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Cleaner, cheaper electricity

 
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Team

If You Lead With Impact, We Can Add VC/Tech Startup Expertise

If You Lead With Tech, We Can Add Impact Expertise

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Srikant Vasan

Managing Partner

  • LinkedIn

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  • Partner, Impact Investing at Techstars

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  • Philanthropic Investor at Bill & Melinda Gates foundation

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  • Twice VC-backed founder/CEO: KBkids grew to $100M; StorePerform (now JDA) grew to $25M

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  • Entrepreneur-in-Residence at Battery Ventures and Mobius VC

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  • Founding President of Mount St Mary’s University Online 

Stuart Davidson

Venture Partner, IC Member

  • LinkedIn

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  • Managing Partner at Labrador Ventures

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  • Founder and Chairman at Sonen Capital

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  • Investment Committee Member at Skoll Foundation, Impact Assets, and Rockefeller Philanthropy Advisors

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  • Founding Chairman Emeritus IDEO.org, Founding Board member of Acumen

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  • Chairman d.Light, Vice Chair REDF, Advisory Board Member, GIIRS