Good Company VC News
11 articles
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Good Company Launches $30 Million Fund to Drive Innovation in Mission-Driven Startups Addressing Global Challenges
Israeli venture capital firm, Good Company, has announced the launch of a $30 million fund to support innovative startups addressing environmental and social challenges. The firm specializes in pre-seed and seed investments in startups focused on energy, agritech, healthcare, education, and the circular economy. Since its inception in 2020, Good Company has raised $50 million to support mission-driven startups. The firm has strategic partnerships with leading multinationals such as SAP, AWS, Tesla, Meta, AB InBev, Continental, Wolt, KPMG, and others.
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Israel Tech MatchMaker's new AI tool connects investors with companies | CTech
Good Company, a venture capital firm, has launched a tool in partnership with Poalim Tech, KPMG, and BCLP to connect investors with Israeli-founded companies. The tool, Israel Tech MatchMaker, uses AI to match potential partners and aims to support the Israeli tech ecosystem, which has been affected by the ongoing war with Hamas. The tool has already been used by 62 companies, 43 VCs, and 10 corporates, resulting in over 1,000 matches and dozens of introductions. Good Company invests in early-stage, purpose-driven companies and has a portfolio that includes BeeHero, Healthee, and Tulu.
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Good Company offers free investor-startup matchmaking database
In the midst of the Israel-Hamas war, Good Company venture capital fund, managed by Shahar Botzer and Ido Fishler, has developed an AI-based tool to help startups in their fund reach a variety of investors. Despite the war, leading companies and funds such as Google, Sony Ventures, and Viola have registered in the database, demonstrating a high motivation to continue looking for investment avenues and good companies in Israel. The venture was founded with funding and support from Bank Hapoalim, Bryan Cave Leighton Paisner (BCLP) law firm and KMPG accounting firm.
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Nine startups selected for "Reach Net Zero" mission | CTech
The Movement by Good Company VC has selected nine startups for its Reaching Net Zero program, which aims to support startups developing technologies and solutions for achieving net-zero emissions. The program is supported by partners AB InBev, Continental, Ashtrom and Bridges Israel, LeumiTech, KPMG Israel, and BCLP. The selected startups focus on areas such as carbon reduction, circular economy, and energy. They come from various countries, including Israel, England, and Denmark. The startups include Structure Pal, Solight, enSights, CyanoCapture, TEGmat ApS, Carbonade, Nettef, Luminescent, and Terrra.
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Israeli companies and global giants join forces to "reach net zero" | CTech
The Movement by Good Company, along with several other Israeli companies, has announced a mission to seek startups working towards achieving net zero carbon emissions. The Movement and its partners, including AB InBev, Continental, Ashtrom, Bridges Israel, SAP, KPMG, BCLP, and LeumiTech, are interested in startups operating in the areas of Carbon Reduction, Circular Economy, and Energy. They plan to collaborate with and invest in these startups to help them scale and create solutions that address the climate crisis. The mission aims to give climate entrepreneurs exposure to potential investors and partners. Transitioning to a net-zero world is seen as one of the greatest challenges, and governments, businesses, and institutions around the world have pledged to achieve this goal.
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Forward to the Future: Five future of mobility startups showcased CTech
Good Company VC and Mobilions value creation platform concluded its quarterly mission for the future of mobility with a showcase event where five startups presented their technological solutions. The startups had the opportunity for investment from Good Company VC or Mobilion and exposure to leading companies in the mobility industry. The selected startups also received meetings and business opportunities with various companies. Good Company VC focuses on investing in Israeli companies that solve global problems, while Mobilion is its value creation platform. The event aimed to discover startups that redefine the future of transportation.
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"At Good Company, we are starting from the why."
Shahar Botzer, co-founder and managing partner of Good Company, discusses his passion for making a change in the world and his journey into impact investing. He explains that Good Company, a mission-driven VC, seeks startups whose main KPI benefits both the business and the world. The firm begins the investment process by working with big corporations to identify problems that entrepreneurs can help solve. Botzer advises founders to focus on building their company, not the funding rounds. He also shares his belief that companies with separate goals for profits and social or climate change often experience mission drift.
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VC Good Company and partners seeking mobility startups for new mission
Good Companys value creation platform, The Movement, is seeking startups in the mobility sector to participate in its Mission and potentially receive a $500,000 investment from Good Company and $1 million from Mobilion Ventures. The selected startups will also have the opportunity to network with industry experts and potential partners. Good Company aims to scale up startups that contribute to a safe, affordable, accessible, efficient, and sustainable future of mobility. The application deadline is January 31.
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Good Company, Strauss Israel, Agoro Carbon Alliance, Smart Agro Fund, and ERB are searching for agritech startups
Good Company, along with other companies, has launched an agtech mission to partner, invest, and pilot solutions to improve productivity and boost sustainable agriculture. They are seeking startups that re-envision how food and agricultural products are grown, harvested, packaged, stored, transported, processed, and sold. The selected startups will have the opportunity to pitch their ideas to a panel of experts and receive investment opportunities of up to $250,000. The most promising companies will also receive support and consultations from various organizations. The final pitch event will take place in Tel Aviv. Applications are open until September 30, 2021.
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"Impact is where the future unicorns will come from"
Good Company, a venture capital fund specializing in impact investment, was founded in June 2021. The fund raised $30 million in its first closing of its fund raising round. Good Company focuses on investing in companies that offer solutions to global environmental and social problems. The fund has already invested in BeeHero, a company addressing the decline in the bee population, as well as four other companies in healthcare, the future labor market, and the circular economy. Good Company aims to make returns while also making a positive impact on the world. The founders believe that there is great potential for impact investment in Israel, as there is exceptional brainpower and talented entrepreneurs in the country. They see solving social and environmental problems as a big business opportunity.
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TULU on a Mission to Change how you Consume
Israeli startup TULU aims to reshape the way urban dwellers use household products by making them available to rent on demand. TULU builds smart rooms filled with appliances, tools, and gadgets in apartment buildings, allowing tenants to access them 24/7 through the TULU app. The company has experienced recent growth in New York and plans to set up new rooms. TULU has partnerships with major landlords in New York and operates rooms in student dorms and with the municipality of Tel Aviv. The company has raised $2 million from investors in Israel and the U.S. TULUs user experience is compared to Amazon Go, and the company operates in the B2B2C model. TULUs founders believe their unique go-to-market strategy and focus on user experience and scalability have contributed to their success.
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