Czech new VC Aspire11 launches €500M pension-backed fund to connect European savings with high-growth innovation

Aspire11, a new Prague-based investment firm, has launched its first €500 million pension-backed fund, led by venture investor Pavel Mucha, aiming to link European pension savings with high-growth innovation, Tech.eu reports.

Aspire11 is a Czech venture capital firm focused on connecting European pension funds to high-growth startups. 

The fund launches with a barbell approach consisting of two strategies, named Tribes and Eternals. 

• With Tribes, it invests into a new generation of early-stage VC investors, growing tribes of ambitious founders specializing in emerging technologies and demographic shift-driven opportunities. 

• With Eternals, Aspire11 fuels a fund that can hold for 20 years or more, supporting companies with a long-term vision for generational value through quality execution.

“With Tribes, we commit ourselves to the next wave of high-conviction VC pickers. Through Eternals, we are ready to support companies not just for years, but decades, to buy them time to win. “Aspire11 invites entrepreneurs and VC investors to join in growing this vision,” says Pavel Mucha, founder of Aspire11.

Aspire11 is launching with backing from Rentea, a Czech pension company that is part of The Partners Group.

Aspire11 aims to bring European pensions into the mix to make them work for stronger returns and contribute to future economy and prosperity.