First Momentum Ventures

Founding partners Sebastian Böhmer and Andreas Fischer oversee all investment decisions, supported by a full-time investment team that includes Maximilian Ochs, Christian Neumann, and Linus Habetha. The firm's venture partners bolster sector-specific expertise, but final authority rests with the co-founders.

The firm anchors sourcing in the founders' 2015 campus entrepreneurship incubator, which seeded companies that later raised over €500M. Its current pipeline comes from academic and R&D referrals, a network of technical founders, and events linked to Europe's deep-tech university clusters.

First Momentum operates as a pre-seed venture capital fund, not a family office. It is structured as an asset manager, raising capital from external limited partners — though it has not publicly disclosed its LP base.

The firm invests exclusively at pre-seed, writing first checks of €250,000 to €1.5M. It acts as lead or co-investor for technical B2B and deep-tech startups, with no disclosed late-stage or follow-on vehicles.

First Momentum does not publish a sector-exclusion list. Its stated focus is technical B2B and deep tech — consumer internet, marketplaces, and media appear absent from the public portfolio and investment criteria.

The firm invests directly into startups and does not publicly disclose any fund-of-funds or LP commitments to external managers. Its platform is designed to support direct portfolio companies, not to act as an allocator to other funds.

The firm routinely co-invests alongside other early-stage funds in Europe, acting as either lead or co-investor. It does not publish a standard co-investment framework or list of regular co-investors, but founder feedback indicates active syndication on an ad-hoc basis.