impACT NOW FCR

impACT NOW FCR is the first Portuguese Impact Venture Capital Fund managed by entrepreneurs for entrepreneurs, unlocking a significant amount of private capital and exclusively focused on the 2030 SDGs agenda.

The Fund results from a joint partnership between impACT NOW capital and Heed Capital, and it is regulated by the Portuguese CMVM.

“Trying to improve conditions for people around the world - equal human rights - that's the most important thing to me.”

Lewis Hamilton,

7 Times Champion of Formula One

Local-to-Global Opportunity

WHY PORTUGAL

Strong business and living fundamentals
– Excellent infrastructure and services
– 25th Best Country for Business in 2019
– 5th Favourite Startup Hub by Founders
– High quality of life at competitive cost

Cost efficient talent
– Top business and technical schools
– 82% of founders with MSc or PhD
– Average engineer salary at $ 29k
– High foreign language speaking

Booming startup ecosystem
– Host of Web Summit
– 7 Unicorns valued at over $ 38Bn
– € 1.1Bn invested in 114 deals in 2021
– Over 30 incubators and 30 accelerators

Team

MANAGING PARTNER

Jaime

GENERAL PARTNER

Domingos

GENERAL PARTNER

Bruno

VENTURE PARTNER

Can

FOUNDING PARTNER

Joaquim

WEALTH MANAGER

Gustavo

A sophisticated and complementary team with 20+ years of experience in:

• Finance and M&A, by advising, participating and closing transactions with a total value of more than 2 Billion Euros

• Innovation, digital transformation and startup mentoring

• International economic development

“Profits involving a social purpose represent a higher form of capitalism, one that creates a positive cycle of company and community prosperity.”

Michael Porter,

Business Strategy Academic

Investment Thesis

Focus

SDGs
Women + Underrepresented Minorities

Stage

Seed
Series A

Geography

60% Portugal
40% Iberia + CPLP

Leading vs

Co-Investing

50% Leading
50% Co-Investing

Follow On

50% of the Fund Size
40% of the Startups

Value Added

Mentoring + Business Development
Fundraising + Exit

Investment Criteria

01 People

Team with the proper mix of technical and management skills, coachable, ambitious and purpose-driven.

02 Finance

Consistent business model, potential to scale, current revenues and identified path to profitability.

03 Innovation

Execution of original ways to create value to the market and apply existing or new technologies.

04 Impact

At least one of the UN Sustainable Development Goals in the company’s DNA with clearly measurable KPI’s.

Contact Us

impACT NOW capital is a strategic, financial and impact advisory firm with the mission of enabling the flow of capital to create impact, towards the achievement of the UN 2030 Sustainable Development Goals.

Its vision is to reshape Capitalism to transform traditional “risk-return” business into “risk-return-impact” business.

Heed Capital SGOIC, S.A. (former Dunas Capital) is a Portuguese fund manager with 20+ years of experience in the financial markets. The company is specialized in the management of liquid and illiquid assets, with:
• € 250M+ Assets Under Management
• € 95M+ Assets Under Advisory
• 8 Funds (4 Mutual Funds + 4 VC Funds)