Impact investing

Foundation Turtle #2

The Foundation invests to build a diversified portfolio of impact-focused start-up companies. To date we have invested £4.4m, with a current¹ value of £6.4m.

The Foundation mandate is to invest for long-term, system-level positive impact, for the benefit of our society and our world, wholly funded from Evenlode Investment Management profits.

¹As at 30 September 2024.

Some of our impact so far ...

  • 18k

    Doctors and nurses trained using virtual reality

  • 100+

    New jobs created

  • 37k

    Acres of soil carbon measurements

Case study: FSD Active

FSD Active intentionally reduce embodied CO2e in buildings by removing the need for extra steel and concrete to manage vibrations. Their technology is akin to noise cancelling headphones and, to borrow from Marc Andreessen, helps software eat building vibrations. In this way they also intentionally improve the wellbeing of the human users of the building.

FSD Active photo

The FSD Active team has a rock-solid reputation for their work in the industry over many years that will translate into a strong brand, and they have built a strong pattern of intellectual property protection across the technology. The cost of a Calmfloor® system is a small fraction of the overall building spend, yet is mission critical, and is maintained with a software subscription that gets more valuable as the data pool from installations grows.

We begin every relationship with constructive due diligence and connection to the community, and in some cases, hold an observer seat on the board as we do in this case. We build close relationships with all our teams, and know that they listen, hustle, build, and experiment.

Case Study: Agricarbon

Agricarbon run the only ground truth soil carbon measurement service available at scale. Ground truth soil carbon measurement is a crucial part of the future of agriculture and land use. Agricarbon empowered the trusted soil science community from the beginning of their journey to automate and scale soil carbon ground truth measurement, creating their protocols in close collaboration as a member of the community.

Agricarbon soil samples - cropped photo

The Agricarbon team will drive the farming industry from estimation to direct measurement of soil carbon. To do so, they are using a blend of hardware and software from custom ATVs, (bringing space exploration robotics to agriculture!) to high throughput lab methods and data analytics. In the long term they will create a feedback loop that was not present at scale in the agricultural industry or land management before Agricarbon.

Annie Leeson, CEO and co-founder of Agricarbon, has written an article for the Alison Rose Review of Female Entrepreneurship which can be found here on page 12.

Our impact-focused start-up companies

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