# Hult Prize Foundation

> Hult Prize Foundation is a VC fund backing E-Commerce and Food and Beverage. See 22 investments, round sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 22
- Last investment: Sep 2024
- Lead investor: 77%
- Fund size: $1M
- Last fund: Sep 2018
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/hult-prize-foundation/
- X (Twitter): http://twitter.com/hultprize
- Website: http://hultprize.org/en
- Facebook: https://www.facebook.com/hultprizefoundation/

Hult Prize Foundation is a VC fund in San Francisco focused on E-Commerce and Food and Beverage. The Hult Prize is a start-up accelerator for budding young social entrepreneurs emerging from the world’s universities. Named as one of the top five ideas changing the world by President Bill Clinton and TIME Magazine, the annual competition for the Hult Prize aims to identify and launch the most compelling social business ideas—start-upenterprises that tackle grave issues faced by billions of people. Winners receive USD 1 million in seed capital, as well as mentorship and advice from the international business community.The Hult Prize is offered in partnership with Former US President Bill Clinton and the Clinton Global Initiative. It is hosted and supported by Hult International Business School. And it is generously funded by Swedish entrepreneur Bertil Hult and his family.Open to universities, colleges and students on every continent, the Hult Prize has grown to become the world’s largest student movement for social good. It is also the world’s largest crowd-sourcing platform. Participating annually are thousands of students from 130 countries, representing over 350 institutions of higher education. Competing schools included Stanford, Harvard, INSEAD, Hult International Business School, NYU, Columbia, American University Beirut, LBS, Hitotsubashi, St. Petersburg, and Tel-Aviv University. Nearly all of the Financial Times’ Top 100 MBA programs participate.

## Contacts

5 contacts available for Hult Prize Foundation. Shizune tracks 5 team members at Hult Prize Foundation. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/hult-prize?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 4 | 18% |
| Food and Beverage | 4 | 18% |
| Education | 3 | 14% |
| AgTech | 2 | 9% |
| Farming | 2 | 9% |

34 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 9 | 41% |
| Seed | 7 | 32% |
| Pre-Seed | 3 | 14% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 8 | 36% |
| India | 2 | 9% |
| Kenya | 1 | 5% |
| Taiwan | 1 | 5% |
| Colombia | 1 | 5% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Scott Gillespie | Impact Architect | 0 | — |
| Ahmad Ashkar | Founder and CEO | 0 | https://shizune.co/investors/profile/ahmad-ashkar |
| Hitendra Patel | Co-Founder | 0 | https://shizune.co/investors/profile/hitendra-patel-a1bc |
| Philip Auerswald | Chief Academic Officer | 0 | — |
| Shakhawat Ullah Badhon | Campus Director, Daffodil International University | 0 | — |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Korion Health | Korion Health uses technology to increase access to healthcare, empower patients, and assist clinicians in providing optimal, all-inclusive care. | $1M | Grant | Sep 06, 2024 |  |
| Kashew | Second-hand furniture marketplace. Shopify for consignment stores. | $125K | Pre-Seed | Sep 01, 2022 |  |
| Chilk | Chilk is a delicious, healthy, plant-based boba milk-tea beverage company that specializes in making vegan food & drink products that are simple and tasty. | $150K | Grant | Apr 25, 2022 |  |
| SiembraCo | Now you can plant virtually with a simple click and will enjoy your harvest. Small scale farmers make real the virtual crops, thus we are eliminating production barriers and promoting sustainable agriculture. Traceability, stability, food safety and scalability. | $150K | Grant | Apr 25, 2022 |  |
| MotherBud | MotherBud is an end-to-end mycelium cultivation platform enabling marginalized communities to build self-sustaining agricultural enterprises at scale. | $150K | Grant | Apr 25, 2022 |  |
| ReMango | ReMango is an impact driven enterprise, committed to reducing food waste worldwide. | $150K | Grant | Apr 25, 2022 |  |
| UpRoot | UpRoot is a social start-up that seeks to revalue cassava and uproot the single-use plastic trend in the world. | $150K | Grant | Apr 25, 2022 |  |
| Propel Foods | Startup that creates plant-based and hybrid protein through technology. | $150K | Grant | Apr 25, 2022 |  |
| SiembraCo | Now you can plant virtually with a simple click and will enjoy your harvest. Small scale farmers make real the virtual crops, thus we are eliminating production barriers and promoting sustainable agriculture. Traceability, stability, food safety and scalability. | $350K | Pre-Seed | Jan 03, 2022 |  |
| Farmhut | Farmhut is a B2B Agtech startup focussing on shortening and bringing efficiency to the agro-supply chain by connecting farmers to restaurants, retailers and vendors. | $100K | Grant | Mar 22, 2021 |  |

10 of 22 investments shown.

## Co-investors
- [Clinton Global Initiative](https://shizune.co/investors/profile/clinton-global-initiative-a32b) — VC Fund, 1 deal together
- [Incisive Ventures](https://shizune.co/investors/profile/incisive-ventures) — VC Fund, 1 deal together
- [Pitbull Ventures](https://shizune.co/investors/profile/pitbull-capital) — VC Fund, 1 deal together
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund, 1 deal together
- Startup Haven — VC Fund, 1 deal together
- Startup Haven Ventures — VC Fund, 1 deal together

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## FAQ

### What does Hult Prize Foundation invest in?

Hult Prize Foundation invests primarily in E-Commerce, Food and Beverage and Education startups, most often at Grant and Seed stage. Most of the 22 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Hult Prize Foundation?

Public channels for Hult Prize Foundation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Hult Prize Foundation?

The team at Hult Prize Foundation includes Scott Gillespie (Impact Architect), Ahmad Ashkar (Founder and CEO) and Hitendra Patel (Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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