Fort Worth-Based Eagle Venture Fund today announced the launch of Eagle Freedom Fund II, a $50 million investment vehicle dedicated to supporting tech innovation in the fight against human trafficking.

The fund is the second in a series that builds on the success of Eagle Freedom Fund I, which has already backed 20 high-growth companies delivering measurable impact across healthcare, law enforcement, technology, and frontline response.

Fund I portfolio companies have helped train 6,000 doctors and nurses to identify trafficking victims, protect more than 50,000 children from online exploitation, assist in the escape of 149 victims, and contribute to the arrest of 39 traffickers, according to a press release.

These companies are also experiencing strong financial growth, underscoring that “purpose and profit can go hand-in-hand.”

“The first Eagle Freedom Fund seeded the counter-trafficking industry. The second Eagle Freedom Fund will grow the counter-trafficking industry,” said Wes Lyons, general partner of Eagle Freedom Fund II, in a statement.

The Tebow Group remains as a partner in the new fund.

“We need bold, strategic action in the fight against trafficking. That’s what gets me excited about Eagle Freedom Fund II — the chance to reach a scale of impact that can reach millions of children. I just had a daughter, and I’m hungry to build a safer future for our children,” said Tim Tebow, the former Heisman Trophy winner and general partner of Eagle Freedom Fund II.

The fund has also been strengthened by support from leading wealth management firms such as Keel Point, a registered investment adviser with $4.1 billion in assets under management.

Eagle Venture Fund is a global impact venture capital firm with offices in Dallas, Zurich, and Singapore, investing in early-stage technology companies addressing trafficking, poverty, and economic injustice.