# First Bight Ventures

First Bight Ventures is a Venture Capital based in Houston, United States.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Houston, United States
- **Region:** North America
- **Address:** 520 Post Oak Blvd Suite #825, Houston, TX 77027, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** firstbight.com
- **LinkedIn:** https://www.linkedin.com/company/first-bight-ventures

## Regulatory record

- **CRD number:** 318381
- **SEC file number:** 802-123285
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/318381

## About

First Bight Ventures is a venture capital firm founded in 2021 in Houston, Texas. It focuses on biomanufacturing and sustainable chemistry within industrial biotechnology. The firm invests in early-stage biomanufacturing companies.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- AgriTech & FoodTech
- Healthcare Services
- Industrial Tech

## People

- Veronica Breckenridge — Founder & Managing Partner
- Jonathan Mercado — Principal
- Collin McColl — Analyst
- Bo Zhao — Director of Commercialization

## Questions

### Who runs investment decisions at First Bight Ventures?

Founder and Managing Partner Veronica Breckenridge leads all investment decisions. She is supported by Principal Jonathan Mercado, PhD, who handles day-to-day deal execution. The firm's four-person team operates from Houston, Texas, with a formal network of advisors from McKinsey, Novozymes, and Cargill providing technical and commercial diligence.

### How does First Bight source its deals?

First Bight sources through a proprietary biomanufacturing ecosystem that connects large industrial corporations, government agencies, universities, and foundations. The firm's advisors — including former McKinsey Global Energy & Materials practice lead Scott Nyquist and Novozymes ventures lead Mario Maia — provide direct lines into corporate R&D pipelines. Breckenridge's operational background at Tesla and Apple also feeds a network of technical founders.

### Does First Bight participate in fund commitments or only direct deals?

First Bight invests directly into companies, leading and writing first checks from seed through Series A. There is no indication the firm makes fund-of-fund commitments or participates in club deals as a limited partner. Its model requires board seats and active operational involvement in every portfolio company.

### What investment stage does First Bight target?

The firm invests at what it calls the pilot-to-commercialization inflection point — after proof of concept but before full commercial scale. It explicitly finances engineering risk (scaling a proven process) and avoids market risk and technical risk. Checks span seed to Series A rounds, with a pathway for portfolio companies to reach $100 million-plus in annual revenue.

### Which sectors does First Bight explicitly avoid?

First Bight avoids any sector outside biomanufacturing and sustainable chemistry. Within that domain, it will not finance companies still carrying fundamental technical risk or those targeting markets too small to support a billion-dollar exit. The firm requires a visible path to cost parity with incumbent petroleum-based products and a minimum 20x return potential.

## Related profiles

- [First Beverage Ventures](https://altss.com/profile/first-beverage-ventures)
- [First Bridge](https://altss.com/profile/first-bridge)

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Last updated: 2026-06-03T20:00:00.000Z

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