First Drop

First Drop focuses on pre-seed and early-stage rounds, with initial investments ranging from €100,000 to €300,000. The firm will also follow on in later rounds, with stated capacity to deploy more than €1 million per company. This structure is designed to act as a catalytic first institutional check while maintaining reserves for subsequent rounds.

First Drop does not maintain a public exclusion list. Its mandate is focused positively on startups with social and environmental impact, technology agnosticism, and scalable hardware or software. The firm's marketing materials signal a primary concentration in clean energy and renewables, but they do not state specific sectors they will not consider. The binding constraint is impact alignment rather than sector avoidance.

First Drop operates as a hybrid. It is a venture capital firm providing equity capital, but it also designs a tailored support program for each company intended to accelerate strategic growth areas. The firm's own narrative states it brings a startup mentality to venture capital, providing hands-on operational support in addition to investment. This goes beyond typical board-level venture involvement and positions First Drop closer to an accelerator model.