EchoVC Launches USD 2.5 M Pre-Seed Climate, Energy & Sustainability Pilot Fund

EchoVC, a seed and early-stage technology venture capital firm focused on investing in underrepresented founders and underserved markets is excited to launch EchoVC Eco Pilot Fund I, a USD 2.5 M pilot fund. This new fund vehicle represents its commitment to identifying and investing in the most promising pre-seed startups shaping the future of climate, energy, agriculture and mobility. Through the fund, EchoVC seeks to foster very-early-stage enterprise
development and innovation with solutions that enable an income uplift for all the participants along the journey.

The Fund will invest broadly in companies led by Africans in Sub Saharan Africa including a specific focus on companies in Nigeria and Kenya delivering particular solutions. The initial focus impact areas include, access to resources, access to finance and insurance, knowledge and capacity building, and access to markets. Other areas of interest include, but not be limited to, innovations in energy storage, cooling, and off-grid cooking, smart energy systems and mini-grids, affordable and reliable access to renewable energy, and new approaches to urban transportation including alt-powered two and three wheelers.