Critical Venture Partners, founded by a trio of recent graduates from the University of Pennsylvania, aims to invest in young founders to solve global problems.
The firm has raised a $5 million fund, with check sizes ranging between $50,000 and $250,000, and a quarter of the fund reserved for follow-on investments.
Limited partners include Silicon Valley Social Venture Fund, Beyond Meat board chair, and Bain Capital partner.
To attract fresh talent, Critical Venture Partners is partnering with Yope to launch a $100,000 startup competition.