Panel discussion: The Future of Impact

  • Christina Figiel from Better Ventures
  • Juan Fuentes from EBAN
  • Tomas Novotny, a serial founder
  • Johan Morales from Zubi VC
  • Venkata Gandikota from InnoFrugal AI for Impact


The discussion was practical and grounded. Speakers shared why impact needs to be designed into the business model early, not added later for reporting. Greenwashing risks, the limits of single KPIs, and the role of proxy metrics such as education, jobs, diversity, and governance came up repeatedly. AI-driven impact assessment was discussed as a way to make impact work for early-stage teams without slowing them down.

Panel discussion on impact at The Gap in Between 2025

Jacopo Losso
Director General, EBAN and panel moderator

Following the panel, Tom Novotny introduced Tau20 and explained why it is being built for the early-stage ecosystem. Tau20 exists to support impact founders and investors by making it easier to speak the same language early on and to align expectations without slowing companies down.

Tau20 is an AI-powered platform designed to make impact assessment more transparent, efficient, and actionable for both startups and investors. It helps founders structure their impact early, and helps angels and VCs get clearer, more comparable impact signals when making decisions.

From conversation to action