EchoVC, a seed and early-stage technology venture capital firm focused on investing in underrepresented founders and underserved markets, has introduced its latest pre-seed fund vehicle, EchoVC Eco Pilot Fund I, which will make investments in climate and energy ventures.
With a mission to be the Sequoia Capital for underestimated founders and markets, EchoVC invests from offices in Lagos, Nairobi, New York and London, and currently has a portfolio of nearly seventy companies.
It invests in technology and technology-enabled startups serving markets across sectors and themes such as smart planet, healthcare and human services, education, agriculture, climate, energy, AI, financial services, mobility, commerce, media, and connectivity.
The EchoVC Eco Pilot Fund I is a US$2.5 million “pilot” fund aimed at identifying and investing in the most promising pre-seed startups shaping the future of climate, energy, agriculture and mobility. Through the fund, the firm aims to foster very-early-stage enterprise development and innovation with solutions that enable an income uplift for all the participants along the journey.
“Our Eco Pilot Fund I is not just any fund, but a strategic first step initiative designed to address the funding gap in specific impact focused sectors and the respective value chains. We believe that by focusing on these areas, we can make a lasting impact on the growth and development of innovative solutions around agriculture, climate and energy,” said Taiwo Kamson, principal at EchoVC.
