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Human Act Development operates as an investment entity designed to generate commercial returns, primarily through direct investments in businesses, with a distinct focus on technology and emerging trends. It strategically builds a diverse investment portfolio, encompassing direct company stakes and established venture capital funds, all aimed at creating sustainable financial resources. This approach allows the entity to support innovation within its investee companies while pursuing its core objective of yielding robust financial performance.
The organization was established in spring 2021 by the Human Act Foundation. This initiative stemmed from the insight that a dedicated commercial arm could provide a stable and growing funding source for the foundation's philanthropic initiatives. Functioning as a legally separate entity with its own independent board, Human Act Development ensures a continuous flow of capital, enabling the foundation to pursue its mission without sole reliance on traditional donations.
Human Act Development supports nascent and established companies by providing essential capital, thereby fostering growth and becoming a strategic partner. Its long-term vision is to continually expand its investment footprint and optimize its portfolio performance. This ensures significant financial contributions that directly bolster the Human Act Foundation’s broader efforts in addressing global inequalities, advocating for universal services, and promoting fair taxation.
Key people at Human Act Development.
Key people at Human Act Development.
Human Act Development has 2 tracked investments across 1 company. The latest tracked deal is $500K Seed Extension in Contribe in November 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 4, 2025 | Contribe | $500K Seed Extension | — | Better Future Fund, Rockstart |
| Aug 13, 2024 | Contribe | $1.2M Other Equity | — | Jonatan Hjortdal, Maria Steinhauer Krogh, Morten B ehrenz, EIFO, Rockstart |