Impact X Capital is a venture capital firm which looks to invest in underrepresented entrepreneurs from across Europe. Impact X Capital was started by Eric Collins. Its initial founding members include Ursula Burns, Ric Lewis and Lenny Henry.

Impact X Capital was started in 2018 by Eric Collins.^[1] Its initial founding members include Ursula Burns, Ric Lewis and Lenny Henry.^[2][3] The venture capital (VC) fund was inspired by the lack of investment in companies led by people from underrepresented communities, with a particular focus on people of colour and women.^[4][5] At the time they were founded, less than 4% of VC funding went to teams led by women, and less than 1% to people of colour.^[3][6] As of December 2019, Impact X was raising a fund of over £100 million to invest in minority-led businesses.^[7][8]

The chief executive officer is Eric Collins,^[9] a tech entrepreneur and investor who previously served on Barack Obama's Small Business Administration's Council on Underserved Communities.^[10][11] Principal investor, Yvonne Bajela, was selected as one of Forbes 30 Under 30 in 2020.^[12] In April 2020, Paula Groves, founding partner, was selected as one of Europe's most influential women in venture capital.^[13][14] Principal investor and chief technology officer, Ezechi Britton was awarded ITA's venture capitalist of the year in 2019.^[3][15][16]

One of the first Impact X Capital investments was Predina, a smart navigation software which looks to prevent road traffic accidents.^[2] Predina was founded by Bola Adegbulu and Meha Nelson, and makes use of artificial intelligence to predict the safest routes for any car journey.^[6]