Impact is the greatest economic opportunity of our time - Maze

Why impact?

Impact is the greatest economic opportunity of our time. We believe that the businesses of the future are those who profit whilst solving environmental and social challenges.

These businesses are more resilient, attract better talent, have more engaged consumers and are tapping into sizeable economic opportunities linked to achieving the UN Sustainable Development Goals. MAZE follows the Impact Management Project guidelines to assess and manage the environmental and social impact at project and portfolio levels.

We work everyday to honour our privilege to be working with environmental and social impact organizations as the examples you will find below.

Our approach to impact
1
What type of impact is the business creating?

Impact Classification

2
How is MAZE contributing to this impact?

Acceleration

Government
performance

Investment

3
Which SDG is the business contributing to?

Thematic area

4
What are the relevant impact metrics to monitor?

Ongoing impact management

Download 2021 Impact Report

Projects

Impact
  • 01

    sgd 1: No Poverty

  • 02

    sgd 2: Zero Hunger

  • 03

    sgd 3: Good Health and Wellbeing

  • 04

    sgd 4: Quality Education

  • 05

    sgd 5: Gender Equality

  • 06

    sgd 6: Clean Water and Sanitation

  • 07

    sgd 7: Affordable and Clean Energy

  • 08

    sgd 8: Decent Work and Economic Growth

  • 09

    sgd 9: Industry, Innovation, and Infrastructure

  • 10

    sgd 10: Reduce Inequalities

  • 11

    sgd 11: Sustainable Cities and Communities

  • 12

    sgd 12: Responsible Consumption and Production

  • 13

    sgd 13: Climate Action

  • 14

    sgd 14: Life Below Water

  • 15

    sgd 15: Life on Land

  • 16

    sgd 16: Peace, Justice and Strong Institutions

  • 17

    sgd 17: Partnerships

Sustainable
development goals

KETS Quantum Security

Kets is the leading quantum-safe hardware solutions provider that secures the world’s most valuable resource – information

SDG: 16.6

16. Peace, Justice and strong institutions

SDG 16.6 Develop effective, accountable and transparent institutions at all levels

Investment

Iconoclass

Software sales training academy, providing an omnichannel portfolio of courses to up/reskill individuals

SDG: 4

4. Quality Education

SDG 4: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for alls.

SDG: 8

8. Decent work and economic growth

SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Investment

GoParity

The first Portuguese crowdlending platform that finances social and environmental impact projects using its community of investors focused on sustainable and financial impact.

SDG: 8.3

8. Decent Work and Economic Growth

SDG 8.3 Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.

SDG: 13.1

13. Climate Action

SDG 13.1: Strengthen resilience and adaptive capacity to climate-related disasters

Investment
O Aproxima é um programa que pretende apoiar municípios no desenho de respostas para a população idosa, nomeadamente no combate à solidão e na promoção de um envelhecimento digno.

Aproxima

A programme targeting the municipalities of Área Metropolitana do Porto focused on designing improved services for the elderly to tackle loneliness, isolation and promotion of active ageing.

SDG: 3.4

3. Good Health and well being

3.4: Reduce mortality from non-communicable diseases and promote mental health.

SDG: 10.2

10. Reduce Inequalities

SDG 10.2. By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

Government Performance
Markus Mueller, Jochen Seemann and Christian Ehl Co-founders of Nui Care, the app intelligent assistant that supports family caregivers with their specific home care challenges through targeted information and support offerings.

Nui Care

The app intelligent assistant that supports family caregivers with their specific home care challenges through targeted information and support offerings.

SDG: 3.4

3. Good Health and well being

3.4: Reduce mortality from non-communicable diseases and promote mental health.

SDG: 10.2

10. Reduce Inequalities

SDG 10.2. By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

Investment
Sensefinity is one of the startups of the third cohort of Maze X, the impact startup accelerator.

Sensefinity

Reducing food waste through the digitalisation of the supply-chain by implementing their hardware sensor in shipping containers to maximise the preservation of transported food and thus prevent food waste.

SDG: 12.3

12. Responsible Consumption and Production

SDG 12.3. By 2030, halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses.

acceleration
Nevaro is one of the startups of the third cohort of Maze X, the impact startup accelerator

Nevaro

Making mental health tangible through physiological and behavioural biomarkers and gamified experiences.

SDG: 3.4

3. Good Health and Wellbeing

SDG 3.4 By 2030, reduce by one-third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being.

acceleration
Neki is one of the startups of the third cohort of Maze X, the impact startup accelerator

Neki

Wearable tracking devices that allow for prevention or quick action in case of an elder’s fall, disorientation, or other types of incidents.

SDG: 3.4

3. Good Health and Wellbeing

SDG 3.4. By 2030, reduce by one-third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being.

SDG: 10.2

10. Reduce Inequalities

SDG 10.2. By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

acceleration
Kaputt is one of the startups of the third cohort of Maze X, the impact startup accelerator

Kaputt

Electronic device repair marketplace, offering convenient repair solutions as an alternative to unnecessary replacement consumption.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

acceleration
Howdy is one of the startups of the third cohort of Maze X, the impact startup accelerator

Howdy

A B2B system that monitors employees’ wellbeing and mental health to incentivise a constructive conversation and the development of proactive measures in the corporate environment.

SDG: 3.4

3. Good Health and Wellbeing

SDG 3.4. By 2030, reduce by one-third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being.

acceleration
Her impact is one of the startups of the third cohort of Maze X, the impact startup accelerator

Her impact

A community-based platform that provides a network and resources to women to support them in their professional and personal growth.

SDG: 5.5

5. Gender Equality

SDG 5.5. Ensure women’s full and effective participation and equal opportunities for leadership at all levels of decision-making in political, economic and public life.

SDG: 8.5

8. Decent Work and Economic Growth

SDG 8.5. By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.

SDG: 10.2

10. Reduce Inequalities

SDG 10.2. By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

acceleration
Deedster is one of the startups of the third cohort of Maze X, the impact startup accelerator

Deedster

Solutions for corporates to engage their employees and customers on climate action through gamified experiences.

SDG: 12.6

12. Responsible Consumption and Production

SDG 12.6. Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle.

SDG: 13.3

13. Climate Action

SDG 13.3. Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning.

acceleration
CBRGenomics is one of the startups of the third cohort of Maze X, the impact startup accelerator

CBR Genomics

A solution that allows the usage of clinical genetic data at the daily clinical practice, as a means to prevent the development of preventable diseases.

SDG: 3.4

3. Good Health and Wellbeing

SDG 3.4. By 2030, reduce by one third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being.

acceleration
betterfish is one of the startups of the third cohort of Maze X, the impact startup accelerator

betterfish

Transforming regenerative and nutritious cultivated European seaweed into plant-based seafood, as an alternative to products such as canned tuna.

SDG: 8.3

8. Decent Work and Economic Growth

SDG 8.3. Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.

SDG: 8.4

8. Decent Work and Economic Growth

SDG 8.4. Improve progressively, through 2030, global resource efficiency in consumption and production and endeavour to decouple economic growth from environmental degradation, in accordance with the 10-year framework of programmes on sustainable consumption and production, with developed countries taking the lead.

SDG: 12.2

12. Responsible Consumption and Production

SDG 12.2. By 2030, achieve the sustainable management and efficient use of natural resources.

SDG: 14.3

14. Life Below Water

SDG 14.3. Minimize and address the impacts of ocean acidification, including through enhanced scientific cooperation at all levels.

acceleration
Amparo is one of the startups of the third cohort of Maze X, the impact startup accelerator

Amparo

A prosthetic device for lower limb amputees that can be moulded to the amputee’s residual limb in a short period of time, reducing the waiting time for amputees as well as the cost for prosthetic clinics.

SDG: 3.8

3. Good Health and Wellbeing

SDG 3.8 Achieve universal health coverage, including financial risk protection, access to quality essential health-care services and access to safe, effective, quality and affordable essential medicines and vaccines for all.

SDG: 8.5

8. Decent Work and Economic Growth

SDG 8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value.

SDG: 10.2

10. Reduce Inequalities

SDG 10.2 By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

acceleration

Leaf

Helping brick & mortar businesses build better relationships with their customers while becoming more sustainable.

SDG: 12.5

12: Ensure sustainable consumption and production patterns

12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse

Investment

loc.tax

Promoting tax transparency and accountability across the corporate sector.

SDG: 16.4

16: Promote just, peaceful and inclusive societies

16.4 By 2030, significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.

SDG: 16.6

16: Promote just, peaceful and inclusive societies

16.6 Develop effective, accountable and transparent institutions at all levels.

Investment

Careship

Matchmaking and service delivery platform for high-quality senior home care.

SDG: 3.4

3. Good Health and well being

3.4: Reduce mortality from non-communicable diseases and promote mental health.

Investment
tl;dv raised investment from MSM in 2020

Vanilla Steel

Vanilla Steel is an independent managed e-auction platform for the non-prime steel industry.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

Investment

Ohne

Menstrual cycles brand focused on reshaping the way people experience their entire cycles.

SDG: 3.7

3. Good Health and Wellbeing

SDG 3.7. Universal access to sexual and reproductive care, family planning and education.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

Investment
tl;dv raised investment from MSM in 2020

tl;dv

Interactive meeting recorder that empowers employees to live and work on their own schedule.

SDG: 8.2

8. Decent Work and Economic Growth

SDG 8.2. Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors.

Investment
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Outmind is part of the portolfio companies from MSM impact fund

Outmind

The first fully plug & play internal search engine that accelerates access to relevant data which is spread among today’s workplace applications.

SDG: 8.2

8. Decent Work and Economic Growth

SDG 8.2. Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors.

Investment
Eco Wave Power was a participant of the second cohort of Maze X

Eco Wave Power

Patented technology for the generation of clean electricity from ocean and sea waves. The technology is comprised of unique floaters shapes that are attached to existing marine structures such as breakwaters, piers and jetties.

SDG: 7.2

7. Affordable and Clean Energy

SDG 7.2. By 2030, increase substantially the share of renewable energy in the global energy mix.

acceleration

Electric Feel

A mobility solution that provides a complete system solution to introduce and operate fleets of shared electric vehicles: e-bikes, e-scooters. They provide the platform to local operators in cities, who can be entrepreneurs, corporates or public transport companies.

SDG: 11.2

11. Sustainable Cities and Communities

SDG 11.2. By 2030, provide access to safe, affordable, accessible and sustainable transport systems for all, improving road safety, notably by expanding public transport, with special attention to the needs of those in vulnerable situations, women, children, persons with disabilities and older persons.

acceleration

imagiLabs

A mobile platform, programmable accessories, and a community to teach programming to young girls. The mobile application pairs with the smart accessories and introduces users to coding in a fun, tangible and engaging way.

SDG: 4.5

4. Quality Education

SDG 4.5. By 2030, eliminate gender disparities in education and ensure equal access to all levels of education and vocational training for the vulnerable, including persons with disabilities, indigenous peoples and children in vulnerable situations.

.

SDG: 5.b

5. Gender Equality

SDG 5.b. Enhance the use of enabling technology, in particular information and communications technology, to promote the empowerment of women.

acceleration

Mystery Minds

Smart match-making solutions to corporates where employees can sign up with specific purpose and get matched automatically to one ore more colleagues.

SDG: 8.3

8. Decent Work and Economic Growth

SDG 8.3. Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.

acceleration
NU Rise was a participant of the second cohort of Maze X the impact startup accelerator.

NU Rise

A medical equipment solution that allows doctors to monitor the level of radiation being delivered near tumours and surrounding organs at risk.

ODS: 3.4

3. Good Health and Wellbeing

SDG 3.4. By 2030, reduce by one-third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being.

acceleration

Panion

A key-word searchable social app that connects people through common interests, values and experiences. Panion helps established networks like organizations, schools and companies build and maintain their own communities.

SDG: 3.4

3. Good Health and Wellbeing

SDG 3.4. By 2030, reduce by one-third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being.

acceleration

Vytal

A digital reusable packaging-as-a-service system for take-away, delivery and convenience food to eliminate single-use packaging waste.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

acceleration

Sepiia

Clothes that need less care (no iron, no stains, no smell) and give comfort to the user (breathable plastic, no sweat patches), having the minimum environmental impact possible.

SDG: 6.4

6. Clean Water and Sanitation

SDG 6.4. By 2030, substantially increase water-use efficiency across all sectors and ensure sustainable withdrawals and supply of freshwater to address water scarcity and substantially reduce the number of people suffering from water scarcity.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

acceleration

SafetyNet

Hardware that enables fishermen to easily specify the wavelength, intensity, polarization and flash-pattern of the light it emits, to better attract the size and species of fish they are licensed to catch.

SDG: 14.2

14. Life Below Water

SDG 14.2. By 2020, sustainably manage and protect marine and coastal ecosystems to avoid significant adverse impacts, including by strengthening their resilience, and take action for their restoration in order to achieve healthy and productive oceans.

acceleration

Omoguru

A research-driven and peer-reviewed reading environment that reduces difficulties and improves reading ability targeting dyslexia, through tools such as a mobile app, OmoType font system, Google Chrome integration, among others.

SDG: 4.2

4. Quality Education

SDG 4.2. By 2030, ensure that all girls and boys have access to quality early childhood development, care and pre-primary education so that they are ready for primary education.

SDG: 16.10

16. Peace, Justice and Strong Institutions

SDG 16.10. Ensure public access to information and protect fundamental freedoms, in accordance with national legislation and international agreements.

acceleration
Knok is one of the partner companies of Mustard Seed MAZE impact VC fund.

Knok

House and video calls on demand, addressing the needs of the entire population, especially elders and children.

SDG 3.8

3. Good Health and Wellbeing

SDG 3.8. Achieve universal health coverage, including financial risk protection, access to quality essential health-care services and access to safe, effective, quality and affordable essential medicines and vaccines for all.

Investment
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Academia de Código

14-week coding bootcamps that targets unemployed young adults to give them the confidence and the skills to access to opportunities they would never be able to otherwise.

SDG: 4.4

4. Quality Education

SDG 4.4. Increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship.

SDG: 8.6

8. Decent Work and Economic Growth

SDG 8.6. By 2020, substantially reduce the proportion of youth not in employment, education or training.

Government Performance
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Bios

A systemic solution for the future of food using bio-circular economy principles in indoor farming to allow the storage of energy in food production.

SDG: 11.6

11. Sustainable Cities and Communities

SDG 11.6.  By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.

acceleration
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Chatterbox

A smart online language learning service for professionals that combines AI-powered self-study courses and native language coaches from the refugee community.

SDG: 8.3

8. Decent Work and Economic Growth

SDG 8.3. Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.

SDG: 10.2

10. Reduce inequality within and among countries

SDG 10.2. By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

acceleration
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Cuidar de Quem Cuida

7-month training for multidisciplinary teams to create a specialized response to the needs of informal caregivers providing them the skills they need to support their loved ones.

SDG: 3.4

3. Good Health and Wellbeing

SDG 3.4. By 2030, reduce by one third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being

Government Performance
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Faz-Te Forward

5-month programme that promotes the insertion of unemployed young adults into the job market through an intensive training program, based on soft skills training, coaching and mentoring.

SDG: 4.4

4. Quality Education

SDG 4.4. Increase the number of youth and adults who have relevant skills, including technical and vocational skills, for employment, decent jobs and entrepreneurship.

SDG: 8.6

8. Decent Work and Economic Growth

SDG 8.6. By 2020, substantially reduce the proportion of youth not in employment, education or training.

Government Performance
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Goodbag

A smart reusable shopping bag that connects the customer’s phone and rewards them with exclusive discounts while allowing users to plant trees every time they bring their bag.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

SDG: 15.2

15. Life on Land

SDG 15.2. By 2020, promote the implementation of sustainable management of all types of forests, halt deforestation, restore degraded forests and substantially increase afforestation and reforestation globally.

acceleration

Kitch

Sustainable delivery-first kitchens that use technology to reduce food waste and energy consumption whilst housing a selection of each city’s favourite restaurants and chefs.

SDG: 9.4

9. Industry, Innovation, and Infrastructure

SDG 9.4. By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities.

SDG: 11.6

11. Sustainable Cities and Communities

SDG 11.6. By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

Investment
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MyPolis

A mobile and web app that brings civic engagement to the 21st century where users submit and vote proposals while decision-makers get a new channel of civic interaction.

SDG: 16.7

16. Peace, Justice and Strong Institutions

SDG 16.7. Ensure responsive, inclusive, participatory and representative decision-making at all levels

acceleration
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Platypus

HR tech solution that helps companies discover what their people value at every stage of the talent lifecycle, from attraction to management to retention.

SDG: 3.4

3. Good Health and Wellbeing

SDG 3.4. By 2030, reduce by one-third premature mortality from non-communicable diseases through prevention and treatment and promote mental health and well-being.

SDG: 8.3

8. Decent Work and Economic Growth

SDG 8.3. Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services.

Investment
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Projeto Família

6-week intensive support to families followed by 12-month ongoing support to reduce the number of children and youth at risk that enter the care system.

SDG: 10.3

10. Reduce inequality within and among countries

SDG 10.3. Ensure equal opportunity and reduce inequalities of outcome, including by eliminating discriminatory laws, policies and practices and promoting appropriate legislation, policies and action in this regard.

Government Performance
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Omocom

On-demand microinsurance provider offering a digital system for risk calculation, matching, design of insurance terms and claims settlement for the circular economy.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

Investment
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Rnters

The rental solution that is reimagining ownership by enabling products to be fully used, avoiding waste and promoting the shift towards sustainable consumption.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

Investment acceleration
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Mello

A sharing economy app for childcare where parents meet other parents, plan playdates and trade free, spontaneous babysitting among trusted friends.

SDG: 10.2

10. Reduce Inequalities

SDG 10.2. By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

acceleration
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Springkode

A platform that offers exclusive high-quality capsule collections made of industrial textile that would otherwise go to waste thus upending the ‘fast fashion’ trend.

SDG: 12.5

12. Responsible Consumption and Production

SDG 12.5. By 2030, substantially reduce waste generation through prevention, reduction, recycling and reuse.

acceleration

Student Finance

A platform that scrapes real-time job market data and partners with education providers to finance educational outcomes through Income Share Agreements (ISAs).

SDG: 4.3

4. Quality Education

SDG 4.3. By 2030, ensure equal access for all women and men to affordable and quality technical, vocational and tertiary education, including university.

SDG: 8.10

8. Decent Work and Economic Growth

SDG 8.10. Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all.

Investment
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Trigger Systems

An automated irrigation system that recommends the most efficient plans based on crop and environment whilst reducing water and energy consumption.

SDG: 6.4

6. Clean Water and Sanitation

SDG 6.4. By 2030, substantially increase water-use efficiency across all sectors and ensure sustainable withdrawals and supply of freshwater to address water scarcity and substantially reduce the number of people suffering from water scarcity

acceleration
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Tuki

A people management platform for food businesses that provides financial security, growth and fulfilment to their staff while optimizing staff work scheduling between businesses.

SDG: 8.2

8. Decent Work and Economic Growth

SDG 8.2. Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, including through a focus on high-value added and labour-intensive sectors.

SDG: 10.2

10. Reduce Inequalities

SDG 10.2. By 2030, empower and promote the social, economic and political inclusion of all, irrespective of age, sex, disability, race, ethnicity, origin, religion or economic or other status.

acceleration
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