First Momentum Ventures

First Momentum Ventures is a German venture capital firm based in Karlsruhe, specializing in pre-seed and seed-stage investments in deep tech and B2B software startups across Europe. Founded with a strong connection to the academic and research community, the firm primarily backs university spin-offs and early-stage teams with innovative technological solutions. Their investment thesis centers on supporting founders who are developing disruptive technologies, often with a focus on areas like AI, advanced materials, robotics, and industrial tech.

The firm distinguishes itself by providing not just capital but also hands-on support, leveraging its network of mentors and industry experts to help portfolio companies navigate the early challenges of product development, market entry, and team building. They emphasize a founder-first approach, aiming to be the first institutional investor and a long-term partner for their portfolio companies. This early engagement allows them to shape the strategic direction of promising startups from their inception.

First Momentum Ventures typically invests in rounds ranging from pre-seed to seed, with initial check sizes designed to help startups achieve critical milestones before larger Series A rounds. Their typical first investment ranges from €200,000 to €800,000. As of late 2023, they have raised multiple funds, including a second fund of €30 million, bringing their total assets under management to over €50 million. This capital allows them to support a growing portfolio of promising European deep tech ventures.