Fledge is a Seattle-based venture capital and accelerator firm founded in 2012 that supports mission-driven for-profit. See sector focus and contact routes.
Fledge is a Seattle-based venture capital and accelerator firm founded in 2012 that supports mission-driven for-profit startups addressing global challenges like poverty, hunger, and sustainability. The firm focuses on early-stage companies in sectors including cookstoves, replacement fuels, and livelihoods, with geographic investments concentrated in Northern America and Sub-Saharan Africa. Through its ten-week accelerator program, Fledge provides seed-stage investment of $15,000 to $20,000 for a 6% equity stake, acting as the initial investor rather than a follow-on participant. While the search results do not name specific portfolio companies, Fledge has explicitly invested in multiple cookstove manufacturers and intends to expand in this market. Founder and Managing Director Michael “Luni” Libes leads the firm and has also created training programs for angel investors through Fledge’s Angel Accelerator initiative. A distinctive point of view at Fledge is that the purpose of business is to create market value employees want to sell and shareholders can share, a principle reflected in their support for conscious companies.
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