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Pure Driving Fund

ActiveVenture Capital
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About

Pure Driving Fund operates as a venture capital firm, specializing in strategic investments within the driving and broader automotive sectors. The firm’s core offering involves deploying capital into emerging companies that are developing innovative solutions and technologies, thereby cultivating advancements across the industry value chain. They actively seek ventures demonstrating high potential for disruption and growth, focusing on areas poised to redefine mobility and vehicle performance.

The firm was established in 2022 by Paul Ragsdale, who serves as its General Partner. Ragsdale brings a notable background as a serial automotive founder and CEO, along with experience as a team owner in competitive motorsports, including Formula Atlantic Amateur. This foundational insight, rooted in direct operational and competitive automotive experience, led to the creation of a dedicated fund designed to propel the next generation of automotive innovation.

Pure Driving Fund primarily serves early-stage companies and founders dedicated to evolving the driving experience and automotive landscape. Their long-term vision is to actively shape the future of mobility by identifying and empowering entrepreneurial efforts that align with progressive technological and industry shifts. The fund aims to be a foundational partner in the development of groundbreaking automotive solutions.

Financial History

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Leadership Team

Key people at Pure Driving Fund.