Moonfire Ventures

Moonfire Ventures is a London-based venture capital firm established by Mattias Ljungman, a co-founder of the prominent European VC firm Atomico. Launched with a clear focus on early-stage investment opportunities across Europe, Moonfire aims to leverage a data-driven approach to identify and support promising startups. The firm primarily targets seed and Series A rounds, positioning itself as a key partner for nascent companies looking to scale their operations and expand their market reach within the dynamic European tech ecosystem.

The firm's investment strategy is notably distinct, emphasizing the use of proprietary technology and data analytics to source and evaluate potential investments. This systematic approach allows Moonfire to identify emerging trends and high-potential companies that might be overlooked by traditional venture capital models. Moonfire has demonstrated significant fundraising success, closing its debut fund at €60 million (approximately $71 million) in 2021. Building on this momentum, the firm successfully raised a second fund, securing $125 million in 2023, underscoring investor confidence in its unique methodology and leadership.

Moonfire Ventures maintains a broad sector focus, actively investing in areas such as artificial intelligence, developer tools, fintech, climate tech, gaming, Web3, health tech, and deep tech. This diversified portfolio strategy reflects their belief in the transformative potential of technology across various industries. Typically, Moonfire's initial investment checks range from $1 million to $5 million, providing substantial early capital to help founders achieve critical milestones. The firm's commitment extends beyond capital, offering strategic guidance and operational support to help its portfolio companies navigate the challenges of rapid growth and market penetration.