Tilia Impact Ventures

Tilia Impact Ventures is an early-stage impact venture capital fund based in Prague, Czech Republic, founded in 2018 and widely described as the first social impact fund in the Czech Republic. It backs purpose-driven founders from the Czech Republic and the wider Central and Eastern Europe region who are driving systemic environmental and social change at a global scale, investing exclusively in companies where impact is inherent in the business model and protecting that mission through tailored term-sheet incentives. The firm provides patient, mission-aligned capital in the form of equity and convertible debt, writing initial tickets of roughly EUR 0.3 to 1.5 million into sector-agnostic, impact-driven companies across themes such as climate, education, healthcare, circular economy and food, and it is willing to lead. Tilia emphasises capital-efficient climate, education and healthcare solutions, and brings more than six years of impact-measurement expertise, helping portfolio companies set business-driven impact KPIs. Its second vehicle, Tilia II, raised EUR 32 million, and as of late 2025 the fund had backed around 15 companies. The firm was co-founded by Silke Horakova, a private-equity veteran and co-owner of Albatross Media, and Petr Vitek, a former nine-year Deloitte consultant, who serve as its General Partners. Portfolio companies include Arbonics, BioCraft, NOLD, Munch, Cyrkl, MIWA and The Village (BLISKO). By embedding impact into every investment and protecting it contractually, Tilia Impact Ventures backs CEE founders building scalable solutions to environmental and social challenges.