What investment strategy does First Momentum Ventures focus on?

First Momentum Ventures focuses on VC strategies in the private equity space.

How many portfolio companies does First Momentum Ventures have?

First Momentum Ventures has 36 active portfolio companies and 1 completed exit and 2 funds tracked on GP Intel.

Where is First Momentum Ventures headquartered?

First Momentum Ventures is headquartered in Karlsruhe, Germany.

What is First Momentum Ventures's assets under management?

First Momentum Ventures manages approximately €39M in assets under management.

When was First Momentum Ventures founded?

First Momentum Ventures was founded in 2018.

What sectors does First Momentum Ventures invest in?

First Momentum Ventures invests across Software, Industrials, Energy, Healthcare.

What are First Momentum Ventures's recent exits?

Recent realized exits by First Momentum Ventures include: Ninetailed (2024) to Contentful.

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First Momentum Ventures

Karlsruhe, Germany·Founded 2018·

Venture Capital

·firstmomentum.vc

First Momentum Ventures is a Karlsruhe-based pre-seed venture capital firm founded in 2018 that grew out of a student initiative into one of Europe's most active early-stage deep tech and technical B2B investors. It writes first cheques of EUR 200k to 1.5M across new industrials, energy, and compute, backing technical founders from lab to launch across Germany, Austria and Switzerland. The manager operates through FMV First Momentum Ventures Management GmbH (Amtsgericht Mannheim HRB 728864) and closed its EUR 35M Fund II in April 2025.

AUM

€39M

Funds

vintages 2018–2025

Portfolio

Exits

First Momentum Ventures is a Karlsruhe venture capital firm with €39M AUM, 36 active companies and 1 exit.

SectorsSoftware Industrials Energy Healthcare

Sector breakdown

37 companies

Software

9 · 24%

ClimateTech

6 · 16%

Deep Tech

5 · 14%

AI/ML

3 · 8%

Industrials

3 · 8%

Logistics

2 · 5%

Biotech

1 · 3%

Mobility

1 · 3%

Geography breakdown

8 geographies

Germany

26 · 70%

Switzerland

4 · 11%

2 · 5%

Austria

1 · 3%

France

1 · 3%

Denmark

1 · 3%

Serbia

1 · 3%

Netherlands

1 · 3%

Key facts

HQKarlsruhe, Germany

Founded2018

Employees9+

Websitefirstmomentum.vc

Recent exits

First Momentum Ventures sold Ninetailed to Contentful in 2024 after 3 years.

Partners

Sebastian BöhmerFounding Partner

Andreas FischerFounding Partner

Lena SpäthHead of Platform

Roland SternHead of Finance

Maximilian OchsInvestment Team

Coverage notes

2 funds tracked, 37 portfolio companies (36 active · 1 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Sebastian Böhmer

Founding Partner

Andreas Fischer

Founding Partner

Lena Späth

Head of Platform

Roland Stern

Head of Finance

Maximilian Ochs

Investment Team

Christian Neumann

Investment Team

Funds & portfolio

Every fund First Momentum Ventures has raised, with its portfolio companies. Hand-checked from public filings.

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

First Momentum Ventures Fund II

VC2025€35M14 assets

2025 · 1yr

€35M

–

Unrealized

14 held

Company	Entry
Atlas Bio Biotech · Switzerland	2024
ContextSDK Software · Austria	2024
Encosa ClimateTech · Germany	2024
Hyperdrives Mobility · Germany	2025
ISPTech Aerospace & Defence · Germany	2024
Jam Software · Germany	2024
Karavela AI/ML · France	2025
Magentic Industrials · UK	2025
Roofline Software · Germany	2024
Skycore Deep Tech · Denmark	2025
SuperPlane Software · Serbia	2025
Telura ClimateTech · Germany	2025
Zenline AI Software · Switzerland	2025
ZuriQ Deep Tech · Switzerland	2024

First Momentum Ventures Fund I

VC2018€4M22 assets1 exits

2018 · 8yr

€4M

Unrealized

22 held

Company	Entry
Brineworks ClimateTech · Netherlands	2023
Cello SaaS · Germany	2022
Daedalus Industrials · Germany	2020
Dive Deep Tech · Germany	2019
Edyoucated EdTech · Germany	2020
Enneo Software · Germany	2023
Gauss Fusion ClimateTech · Germany	2023
HeyCharge ClimateTech · Germany	2021
Impargo Logistics · Germany	2019
Kipu Quantum Deep Tech · Germany	2022
Lightly AI/ML · Switzerland	2020
One five Energy · Germany	2021
Pliant Fintech · Germany	2020
Project B Software · Germany	2023
QuantPi AI/ML · Germany	2022
Quantum Diamonds Deep Tech · Germany	2023
Skyflow Logistics · Germany	2023
Software Defined Automation Industrials · Germany	2022
Streambased Data & Analytics · UK	2023
Tilores Software · Germany	2021
Turn2x ClimateTech · Germany	2023
Unikraft Cloud Infrastructure · Germany	2022

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Ninetailed Software · Germany	2021	2024	Trade Sale	Contentful	–

Frequently asked questions

What investment strategy does First Momentum Ventures focus on?: First Momentum Ventures focuses on VC strategies in the private equity space.
How many portfolio companies does First Momentum Ventures have?: First Momentum Ventures has 36 active portfolio companies and 1 completed exit and 2 funds tracked on GP Intel.
Where is First Momentum Ventures headquartered?: First Momentum Ventures is headquartered in Karlsruhe, Germany.
What is First Momentum Ventures's assets under management?: First Momentum Ventures manages approximately €39M in assets under management.
When was First Momentum Ventures founded?: First Momentum Ventures was founded in 2018.
What sectors does First Momentum Ventures invest in?: First Momentum Ventures invests across Software, Industrials, Energy, Healthcare.
What are First Momentum Ventures's recent exits?: Recent realized exits by First Momentum Ventures include: Ninetailed (2024) to Contentful.