
Conscious Venture Lab
Financial History
Leadership Team
Key people at Conscious Venture Lab.
Frequently Asked Questions
Who founded Conscious Venture Lab?
Conscious Venture Lab was founded in 2013 by Cosmina Popa (Co-Founder).

Key people at Conscious Venture Lab.
Conscious Venture Lab was founded in 2013 by Cosmina Popa (Co-Founder).
Conscious Venture Lab was founded in 2013 by Cosmina Popa (Co-Founder).
Conscious Venture Lab (CVL) is a Baltimore-based venture capital firm and accelerator that invests in early-stage, purpose-driven startups committed to social and environmental impact. Their mission centers on supporting companies that integrate sustainability, equity, and ethical business practices into their core models. CVL focuses on startups at seed and pre-seed stages, typically investing between $100K and $500K, with an average ticket size around $250K. Key sectors include ClimateTech & CleanTech, Big Data & Analytics, Cybersecurity, Healthcare, and other technology-driven industries. By combining capital with immersive support and a stakeholder-focused curriculum, CVL aims to foster equitable entrepreneurship, helping founders build scalable businesses that generate both financial returns and positive societal change[1][2][3][6].
Founded in 2013, Conscious Venture Lab emerged from a desire to transform the role of business in society by integrating principles of Stakeholder Theory and Conscious Capitalism®. The firm was established by a team of startup veterans passionate about creating a more just and prosperous world through entrepreneurship. Over time, CVL evolved from a traditional accelerator into a mission-driven venture fund that emphasizes diversity, inclusion, and economic empowerment, particularly for underestimated urban communities. The launch of the Novella Center for Entrepreneurship extended their impact by expanding access to entrepreneurship education and funding for diverse founders, leveraging a decade of experience from CVL’s accelerator programs[3][4][6].
Conscious Venture Lab rides the growing trend of impact investing and the increasing demand for businesses that balance profit with purpose. The timing aligns with heightened global awareness of social justice, climate change, and economic inequality, which drives both consumer preference and investor interest toward sustainable and equitable business models. CVL influences the broader ecosystem by redefining success metrics beyond financial returns, promoting stakeholder value, and demonstrating that inclusive entrepreneurship can be a competitive advantage. Their work helps shift the startup ecosystem toward more conscious capitalism, encouraging other investors and accelerators to adopt similar values[3][6].
Looking ahead, Conscious Venture Lab is poised to deepen its influence by scaling its accelerator programs and expanding its portfolio of high-impact startups. Trends such as climate innovation, AI for social good, and equitable technology access will likely shape their investment focus. As societal expectations for corporate responsibility grow, CVL’s model of combining capital with education and community support will become increasingly relevant. Their continued emphasis on diversity and inclusion positions them to be a key player in democratizing entrepreneurship and fostering a new generation of purpose-driven companies that can deliver both profit and positive change[1][3][6].
Key people at Conscious Venture Lab.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2024 | Voovo | $510K Seed | — | — |
| Nov 1, 2021 | Sheeva.AI | $1.0M Seed | — | — |
| Apr 1, 2021 | Bodha Inc | $350K Seed | — | — |
| Feb 1, 2014 | Shea Radiance | $25K Seed | — | — |
| Feb 1, 2014 | Spend Consciously | $25K Seed | — | — |
| Feb 1, 2014 | Shenami | $25K Seed | — | — |