⦿ INSIGHTS

We are Publishing our First Impact-Awareness Report

Playing our part in building a better tomorrow
We are Publishing our First Impact-Awareness Report
WRITTEN BY
Sara Rywe
Partner
Magnus Melau
Impact & Finance Manager
WRITTEN BY

Since our inception, we have sought to build a fund for founders, by founders, with a unique community at our core. A fund that offers more than just capital, by making a genuine difference for the companies we invest in.

Those core values of ours continue to stay the same. However, we acknowledge that we need to do more.

As you're undoubtedly aware, both people and our planet require transformative change. From the most severe European drought in 500 years in 2022 to the devastation of more than 10 million hectares of land in the Australian wildfires in 2020 and the ever-increasing income inequality, it's clear that despite our society's incredible progress, the pressing issues of our era necessitate action— ranging from climate change to social inequality and beyond.

The good news is that extraordinary people are building incredible solutions for this, and we want to support these visionaries in succeeding.

Hence, we've raised our second fund with the explicit intention of being what we define as impact-aware. We aim to strike a balance between pure impact and responsible investing, as we found the former too constraining and the latter's requirements not ambitious enough.

Our conviction is that a heightened level of responsibility will not only benefit society but also yield superior financial returns.

While we're far from perfect and have a long way to go, transparency remains one of our guiding principles, and this report serves as our way of holding ourselves accountable.

Through this report, we endeavor to showcase how byFounders and our portfolio companies are working towards a better tomorrow.

We hope you enjoy it.

Access our Impact-Awareness Report for 2022 here
More about the author(s)
Sara Rywe
Partner

Sara oversees our investments in Scandinavia - focusing primarily on Sweden, Norway, and Denmark - and has a particular interest in the future of work and FinTech. Her strong interest in social impact (and diversity!) is something that she continues to focus on here at byFounders and she is the mastermind behind our ‘impact-aware’ strategy.

Magnus Melau
Impact & Finance Manager

Magnus ensures transparency in our operations and performance and supports us, our portfolio companies, and limited partners in qualified decision-making.

With a passion for sustainable finance and a background in Audit Analytics and ESG Assurance, Magnus is helping us take our impact-awareness strategy to the next level.

More about the author(s)
No items found.
External
April 18, 2023

We are Publishing our First Impact-Awareness Report

Playing our part in building a better tomorrow
External
June 1, 2022

Environmental social governance law enhances Danish tech startup's impact

Environmental social governance (ESG) became mandatory in Denmark in late 2021. This differentiation between impact funds and ESG will be a game-changer. The transition will provide much-needed differentiation from impact funds, and is one that the Danish tech startup scene will master the better than most.
External
July 28, 2021

COVID-19 accelerated responsibility among investors & had an impact on mission-driven founders

Denmark is in a unique position to become one of the largest impact startup hubs in Europe. The responsibility of investors, beyond financial returns, is being taken more seriously following the corona crisis and criteria like ESG will soon become mandatory. Paired with a new generation of mission-driven founders, who are becoming more selective about what investors they will allow onto their cap table, we see the responsibility movement positively accelerating.
External
March 23, 2021

Introducing an 8th T to Our Updated Investment Framework

Since day one, we have made efforts to take responsibility beyond what’s expected of a VC. We are now making these efforts more explicit by gearing up to launch a holistically impact-aware strategy. Here's how we are taking the next step to building the VC fund of Tomorrow.

Delete me when done