First Imagine! Ventures

About First Imagine! Ventures

First Imagine! Ventures LLP is an independent UK venture capital firm headquartered in London, founded on 1 May 2016. The firm also maintains a Guernsey presence. Assets under management as of December 2024 are not publicly disclosed. The structure is a UK LLP and a member firm of the British Private Equity and Venture Capital Association, the IRENA Coalition for Action and the Tech Tour Investors Club. There is at least one disclosed fund vehicle (Imagine Ventures I). The firm was established by a team of company-builders and investors to back industry 4.0, cleantech and energy transition technologies. The firm sits in a European specialist niche as a pure-play energy transition venture capital firm with portfolio concentrated in cleantech hardware, software and materials.

Investment thesis

First Imagine! Ventures pursues an early-growth equity strategy investing in companies past proof of concept and at the early stage of commercialisation. Typical engagement is hands-on, leveraging the founding team company-builder experience to support commercial scale-up rather than pure capital deployment. Sector focus is energy transition as the explicit primary thesis with named sub-themes including green power and heat generation, hydrogen, energy storage, power electronics, distributed energy resources, grid connectivity and visibility, demand management, AI and data analytics applied to power systems, and e-mobility. Adjacent themes include industry 4.0, advanced manufacturing, sustainable agriculture and climate tech covering wildfire detection and sustainable materials. Geographic scope is Europe and Israel. Ticket size and limited partner base are not formally disclosed. Value creation operates through partnership that helps cleantech and energy-transition companies move from technical validation to commercial scale, leaning on industry network and BVCA, IRENA and Tech Tour connectivity for co-investment and follow-on.

Recent activity

Selected portfolio investments include Solar Materials in clean energy covering PV module recycling (Solar Startup Award 2024 winner), Fibe in sustainable materials covering textile from agricultural waste, Pionierkraft in clean energy covering local energy sharing, Neo Earth in sustainable agriculture covering microalgae and Dryad in climate tech covering wildfire detection. Recent exits include Moixa in clean energy covering smart battery (2022). The portfolio comprises approximately 15 active positions with one disclosed exit, reflecting a concentrated thematic approach to European energy transition venture capital. The platform continues active deployment across Europe and Israel in industry 4.0, cleantech and energy transition technologies. Detailed buyer names and multiple data available on Pro at €29/month.