Human Act

What they do

Human Act was founded by Djaffar Shalchi and Ané Maró, who donated personal wealth to create a self-sustaining foundation. In 2021, they launched Human Act Development to scale their impact without relying on external donations. This venture arm invests in startups, VC funds, and public markets, with a mandate to generate returns that finance the foundation's advocacy for a global wealth tax and poverty reduction. They operate with a unique 'profit-for-purpose' model, reinvesting all returns into their philanthropic mission.

What they look for

The venture arm invests in 'technology that improves quality of life and promotes equality,' seeking companies that align with the UN Sustainable Development Goals, particularly those addressing inequality, education, health, and sustainability. They prefer businesses that can scale and provide significant returns to fuel the foundation's advocacy work, with a specific interest in subscription-based software models.

Stage

Pre-seed, Seed

Sectors

SaaS, Food and agriculture, Consumer, Marketplace, Media, Fintech

Based

Copenhagen, DK