We invest in projects that change the world for the better – this is the motto of the first venture capital investment fund in Poland based on the idea of Impact Investing, a fund that, from January 2019, supports the Literacka team in the implementation of a research and development project, as a result of which a proprietary, intelligent recommendation system is created dedicated to online bookstores and libraries.
The key criterion
The key criterion for the involvement of the Simpact Fund in a given project is its potential to have a positive impact on the development of society and environmental protection.
Intelligent recommendation system
In 2018, the fund drew attention to the original, intelligent recommendation system developed by Literacka, dedicated to online bookstores and libraries. The essence of the solution’s innovation is the automatic analysis of the content of books and the creation of recommendations based on the soft features of the plot and user preferences.
As a result of this interest and many talks and analyzes, on January 10, 2019, an agreement was signed between Simpact Fund Sp. z o. o. and Literacka Sp. z o. o
