TLDR:
- Ascension VC closes €19.8M fund for Tech4Good pre-seed fund
- Fund focuses on supporting visionary founders using technology to build more resilient societies
London-based Ascension VC has announced the closure of a €19.8M fund for its Tech4Good pre-seed fund, aiming to support founders leveraging technology to create positive societal impact. The fund, with a target of €58.36M, is led by Jean de Fougerolles and Emma Steele and seeks to address social inequalities through technology. The fund has already made investments in impactful startups and has received support from a mix of investors, including Big Society Capital, Housing Association Places for People, and individual backers. Ascension VC is dedicated to backing innovative startups that address societal challenges while achieving venture-level returns.
