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PurposeTech

Drtinova 557/10, Prague, Hlavni mesto Praha, 150 00, Czech Republic

Overview

PurposeTech is a pre-seed fund that backs purpose-driven technology startups in Central and Eastern Europe. We empower purpose-driven founders. We are their very first investor and one of their most valued partners in their journey to change the world. PurposeTech was co-founded by serial entrepreneurs Zdenek Fred Fous, David Kovalsky and the Impact Hub - a global network for impact-driven entrepreneurs, innovators and creators.

Total investments
5
Lead investments
2
Investments · 12mo
2
Active investors
1

Sector focus

  • Education
  • Health Care
  • Information Technology
  • Retail
  • Software
Visit website

Investment portfolio

  • Auryx

    Participated · Seed · Apr 2026

    Auryx builds a software platform that analyzes acoustic signals from the heart, lungs, and blood flow using microphones embedded in everyday consumer hardware. The company’s approach focuses initially on earbuds, leveraging the relative stability of the ear to capture cleaner physiological signals than wrist-based optical sensors. Auryx’s acoustic sensing can extract metrics beyond heart rate, including respiratory rate, cardiac output, and blood pressure according to the company. The founding team comprises researchers from the University of Cambridge, including CEO Erika Bondareva, CTO Kayla-Jade Butkow, and Chief Scientific Officer Professor Cecilia Mascolo. Auryx recently raised $2 million in pre-seed funding to accelerate hardware integration, model development, commercial partnerships, and team expansion. The company plans to expand from earbuds to other microphone-equipped devices and additional health applications.

  • Tingit

    Participated · Equity · Feb 2026

    Founded in 2024, Tingit has built a digital repair marketplace where users upload photos or videos of damaged items and receive instant, AI-generated quotes that have been verified by skilled craftspeople. The platform’s algorithm detects defects, identifies the appropriate specialist, and estimates price and turnaround time, while logistics are handled through automatically generated parcel-locker labels. Tingit positions itself as a “longevity protocol,” aiming to embed repair services into everyday commerce through partnerships with fashion brands and e-commerce platforms. In its first year, the company established operations in Lithuania and expanded into France, connecting a network of more than 100 makers across Lithuania, France, and Poland. Over 14,000 customers have already appraised items worth more than €9 million on the service, with handbag and sneaker restorations leading demand and growing traction in appliances, audio gear, eyewear, and luggage. The business is driven by both environmental goals—reducing overconsumption—and the emotional value users place on repairing cherished belongings. To date Tingit has secured €2.02 million in external funding, providing capital to scale its offering throughout the European Union.

  • Enough

    Led · Seed · Sep 2024

    Enough is a London-based safety technology startup building the eNO badge, a visible, AI-enabled wearable designed to assess surroundings, recognise potential danger, and trigger live audio-video recording while notifying emergency operators and designated contacts. The device combines multimodal AI models with custom hardware to provide proactive, real-time protection for users who feel vulnerable in urban environments. Co-founders Ina Jovicic (CEO), Gaelic Jara (CTO) and Alex Chalakov (CSO) were motivated by Jovicic’s own assault in London, which highlighted the shortcomings of existing personal-safety solutions. With fresh capital now secured, the company plans to finalise product development and launch commercially in the UK in 2026. While consumer hardware is notoriously difficult to scale—only 46 % of such startups secure a second round—the team intends to leverage its early momentum to attract follow-on investment. The recent €2.32 M ($2.7 M) pre-seed raise is the company’s first institutional funding and will finance manufacturing, AI model refinement and go-to-market preparation.

  • Mamio

    Led · Seed · Feb 2024

    Mamio operates a parenting app that connects mothers based on their child’s age and location and offers a redefined forum experience. The app is free for users and aims to provide personalized content, support, and recommendations tailored to each mother’s needs. Future plans include a motherhood guide personalized by child age and a recommendation system for products and services. Mamio emphasizes creating a friendly environment and personalized support through curated tips rather than intrusive advertising. The company already works with dozens of partners and intends to monetize via a personalized recommendation system and partnerships that offer special benefits. The project was founded in 2022 and is led by Laureen Höllge, Johana Šperlová, and Karel Hrdina.

Team

  • Zdenek Fred Fous

    Co-Founder & General Partner

    LinkedIn