We follow in the successful footsteps of ESIIF I & BIIF

Our first funds, the “European Social Innovation and Impact Fund” (ESIIF I) and the “Burning Issues Impact Fund” (BIIF), span game-changing impact startups across Europe, from AI-driven health solutions to regenerative agriculture, circular economy and renewable energy pioneers.

From bold ideas to the ECIIF II today

ESIIF I & BIIF are our brainchildren

Our first funds, the “European Social Innovation and Impact Fund” (ESIIF I) and the “Burning Issues Impact Fund” (BIIF), span game-changing impact startups across Europe, from AI-driven health solutions to regenerative agriculture, circular economy and renewable energy pioneers. The ESIIF I was fleshed out in the McKinsey-Ashoka-BMW Foundation-FASE publication called “Taking off” in 2017. FASE partnered with avesco as the fund manager and the European Investment Fund (EIF) as the provider of an EU Guarantee. ESIIF I went live in 2021 and is fully invested.

The BIIF invests in a new species of entrepreneurs with an integrated business mission to solve a burning social or environmental issue. These for-profit European-based enterprises provide transformative and typically tech-heavy and scalable solutions across various sectors, from circular economy to green innovation to smart mobility to climate-resilient healthcare.

Visit the ESIIF I page (German)

Learn more about BIIF

How ESIIF I performed to date

How BIIF performed to date

Shining portfolio examples

ESIIF I and BIIF have invested in 28 and 7 outstanding impact ventures to date. Their solutions for a better future range from proactive AI online abuse prevention to detecting landmines with trained animals to marketing renewable energies from independent citizen energy cooperatives to pioneering data for good to vertical circular farming to educating children and adults on food production to regional food delivery from sustainable farmers.

Find out about the many more inspiring ventures that both funds helped scale in the section below!