First Momentum — Full Portfolio

Atlas builds a foundational model of human biology used to predict patient outcomes and run virtual clinical trials.

AI & Machine LearningBiotechHealthtech

Co-investorsLELEA PartnersACAccel

Brineworks develops an electrochemical Direct Air Capture system that uses electrolyzer technology and renewably powered intermittent operation to capture CO₂ at low cost.

CleantechClimate TechDeep Tech

JPJoseph Perryman(Founder)inGudfinnur Sveinsson(Founder)

Co-investorsSESeaX VenturesAIAiiM PartnersNUNucleus CapitalSASatganaTHThird DerivativeHOHOF Capital+2 more

Cello provides a platform that lets SaaS companies add referral and affiliate programs to their products with a few lines of code via an SDK.

Marketing TechSaaSSales Tech

SBStefan BaderinDANIEL BARNHOLDEN(Executive Officer, Director)JASON FEDIUK(Executive Officer, Director)in

BoardMEETUL PATEL(Director)

Co-investorsBYbyFoundersFEFelix JahnHEHeartcore CapitalHVHV Capital

ContextPush is an iOS SDK that uses on-device sensor signals to detect a user's real-world context and delivers non-transactional push notifications when users are most likely to engage.

AI & Machine LearningData & InfrastructureDeveloper ToolsMarketing TechNew York City, US

FKFelix Krause(Founder)inDRDieter Rappold(CEO & Co-founder)in

Co-investorsHEHerbert VenturesSAsandstorm.vcSPSpeedinvest

Daedalus provides cloud infrastructure and tools for precision manufacturing operations, offering manufacturing-specific functionality similar to AWS's broader cloud services.

Advanced ManufacturingRoboticsSan Francisco, US

JSJonas Schneider(Founder)inJonas Reinecke(Recruiter)Martin Lander(Recruiter)Arthur Petron(Head of Robotics)Marco Valdes(Recruiter)

Co-investorsFEFelix JahnLELEA PartnersNGNGP CapitalY Y CombinatorABAbacon CapitalADAddition+5 more

Dive Solutions provides cloud-based computational fluid dynamics (CFD) simulation software using the SPH (Smoothed Particle Hydrodynamics) method for engineering teams.

Advanced ManufacturingAI & Machine LearningCloud ComputingDeep TechDeveloper ToolsSaaSBerlin, DE

Maik(Co-founder)Pierre(Co-founder)Johannes(Co-founder)Felix(Co-founder)Ivo Simonsmeier(Platform Tech Lead)

Co-investorsSESenovo

edyoucated provides a skills management platform that helps companies map employee competencies in a unified skill matrix, speed up onboarding, plan staff deployment, and make data-based training decisions.

EdTechFuture of WorkHR Tech

David Middelbeck(Founder)Jan Papenbrock(Founder)Jannik Weichert(Founder)Marius Vennemann(Founder)

Co-investorsEAEarlybird Venture Capital

RP Online is the news website of the Rheinische Post, publishing regional, national, and international news covering North Rhine-Westphalia and cities such as Düsseldorf, along with politics, sports, business, and culture.

Media & Entertainment

encosa plans, installs, and operates battery storage systems for businesses, optimizing electricity use behind the meter (peak shaving, self-consumption, reduced grid fees) while also trading available storage capacity on energy, capacity, and intraday markets.

CleantechClimate TechEnergy

Sascha KoberstaedtSebastian Becker

Co-investorsBEBerliner Volksbank VenturesRERealyze VenturesRERedstoneTATane FundVEVerve VenturesBIBitStone Capital

enneo provides AI and software solutions for customer service in the energy sector, drawing on the founders' experience scaling a digital energy provider and modernizing operations for utilities.

AI & Machine LearningEnergyEnterprise SoftwareSaaSBerlin, DE

Kyung(Founder & Commercial Lead)Richard(Founder & Technology/Product Lead)

EXIST is a startup-funding program of Germany's Federal Ministry for Economic Affairs and Energy that helps students, researchers, and founding teams turn scientific ideas, research results, and deep-tech innovations into startups.

Deep TechGovTech

Frankfurter Allgemeine Zeitung (FAZ) is a German news publisher providing current coverage of politics, business, sports, and culture.

Media & Entertainment

Co-investorsAVAviv Venture Capital

Gauss Fusion is a German fusion energy company developing high-field magnetic confinement fusion technology, with the goal of building an industrialized gigawatt-class fusion power plant by 2045.

CleantechDeep TechEnergy

FLFrank Laukien(Founder)inKlaus Schlenga(Former Managing Director)in

BoardMichael Peiniger(Vice Chair)

Heavybit is a venture capital firm that invests in enterprise infrastructure and developer-focused startups, providing capital and hands-on go-to-market support.

Cloud ComputingDeveloper ToolsEnterprise Software

JLJames Lindenbaum(Co-founder)TDTom Drummond(Managing Director)inJRJoseph Ruscio(General Partner)inSSSusie Singh(Chief Financial Officer)

Co-investorsLELevel VenturesREREV Venture PartnersBUBuild VenturesIRIrregular ExpressionsLOLowercase Capital

HeyCharge provides hardware and software for companies to manage employee charging of company vehicles at home, with tax-compliant tracking and reimbursement capabilities across any OCPP-compatible wallbox.

Advanced ManufacturingCleantechClimate TechEnergyEnterprise SoftwareHardwareIoTMobility & TransportationMunich, DE

RLRobert Lasowski(Founder)inCCChris Carde(Founder)inLennart Bendick(Head of Commercial Operations)

Co-investorsBMBMW i VenturesVIVireo VenturesY Y CombinatorCLClimate CapitalDADaft CapitalLILiberty Ventures+1 more

Immobilien Zeitung publishes an eMagazine featuring a directory of German real estate law firms with their specializations, fees and contact details, plus articles, videos and graphics on topics like anti-money-laundering and land registry.

Media & EntertainmentPropTech

Co-investorsB2b2venture

Hyperdrives manufactures electric drive systems for automotive, aerospace, maritime, and industrial applications that offer improved efficiency, reduced cost, and smaller form factors.

CleantechEnergyHardwareMobility & Transportation

MNMichael Numberger(Founder)in

Co-investorsRERethink Ventures212100 VenturesACAcequia Capital (AceCap)PRPrototype Capital

IMD is an executive education institution that provides leadership development programs and management education for executives, business leaders, and organizations.

EdTech

IMPARGO offers a route planning tool for truck transport that calculates precise routes, driving times, toll fees, and transport costs while automatically accounting for driving/rest times and delivery windows.

Logistics & Supply ChainMobility & TransportationSaaS

IQM builds full-stack superconducting quantum computers, from NISQ-era to fault-tolerant systems, including quantum processing units, on-premise machines, and a cloud platform.

Deep TechHardwareQuantum ComputingEspoo, FI

JGJan Goetz(Founder)inJuha Vartiainen(Founder)Kuan Yen Tan(Founder)Mikko Möttönen(Founder)

Co-investors5555 NorthBABayern KapitalCHChanger ClubINInception FundKRKreos CapitalOPOpenOcean+11 more

A space propulsion company developing non-toxic green propellant technology, including its HIP_11 hypergolic propellant combination.

CleantechDeep TechHardwareSpace TechLampoldshausen, DE

LWLukas Werling(Co-founder)inFelix(Co-founder)

Co-investorsFAFaberFAFaber Capital SCR SAFIFinal Frontier (Space & Defence VC)JOJoin Capital

Jam builds AI-based tools that help revenue and sales teams improve performance by analyzing customer conversations.

AI & Machine LearningSaaSSales TechMunich, DE

CLClemens Lechner(Co-Founder & CPO)inSKSebastian Klein(Co-Founder & CEO)inTHTobias Hölzer(Co-Founder & CTO)in

Co-investorsFEFelix JahnPIPICUS CAPITAL1010x Founders

Karavela builds a foundation model of the human brain using magnetic resonance imaging and develops AI tools to enhance clinical trials in psychiatry and neurology.

AI & Machine LearningHealthtechMedical Devices

ATAlexis Thual(CEO)inBTBertrand Thirion(CSO)in

Co-investorsAGAgoranovDADaphniHCHCVC

Kipu Quantum provides enterprise-ready quantum computing solutions and platforms that enable organizations with limited quantum expertise to access quantum computing capabilities.

AI & Machine LearningDeep TechEnterprise SoftwareQuantum Computing

Daniel Volz(Founder)Dr. Daniel Volz(Founder)Dr. Enrique Solano(Founder)Dr. Tobias Grab(Founder)Enrique Solano(Founder)Tobias Grab(Founder)

Co-investorsDEDeepTech & Climate FondsENEntrada VenturesLBLBBW Venture Capital GmbHONOnsight VenturesQAQAI VenturesQUQuantonation+1 more

Lightly provides tools for AI teams to manage and curate training data more efficiently.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareZürich, CH

ISIgor Susmelj(Founder)inDominique Olowolafe(Founder)Matthias Heller

Co-investorsSISICTICSOSoma CapitalY Y CombinatorANanother.vcDEDebut CapitalFAFAST — by GETTYLAB+2 more

Magentic builds an AI agent platform for procurement and supply chain, offering AI "teammates" (called Mages) that use a company's existing software and ERP systems to handle manual workflows such as supplier follow-up, invoice updates, and price negotiation prep.

Advanced ManufacturingAI & Machine LearningEnterprise Software

Robin Van Aeken(Founder)in

Co-investorsACActia PartnersFEFelicis VenturesSESequoia CapitalTHThe Westly Group

Manufacturing Digital is a B2B digital media platform for manufacturing and "factory of the future" executives, offering media, events, research, and data services.

AdTechAdvanced ManufacturingMedia & Entertainment

GWGlen White(CEO, BizClik & Manufacturing Digital)

Ninetailed offers a personalization platform that enables web teams to create and deliver tailored content experiences without developer support.

AdTechCloud ComputingDeveloper ToolsEnterprise SoftwareMarketing TechSaaSBerlin, DE

SKSascha Konietzke(Executive Officer, Director, Promoter)Paolo Negri(Executive Officer, Director, Promoter)AKAndy Kaiser(Founder)ABAlexander Braunreuther(Founder)SSSteve Sloan(Executive Officer, Director)Margo M Smith(Executive Officer)

Co-investorsBABalderton CapitalCHCherry VenturesGAGaia VenturesGRGrand VenturesHEHeavybitMOMosaic Ventures+12 more

One-Five provides data-driven packaging solutions through Quartermaster, a platform that uses predictive analytics to match materials to customer opportunities and optimize packaging design performance.

Advanced ManufacturingAI & Machine LearningCircular EconomyData & InfrastructureNew MaterialsSaaSHamburg, DE

MWMartin Weber(Founder and CEO)inCHClaire Hae-Min Gusko(Co-Founder)in

Co-investorsAUAuxxoBLBlue Horizon CorporationBTBtomorrow VenturesGGGGFGRGreen Generation FundPLPlanet A Ventures+2 more

Pliant offers payment infrastructure enabling businesses to issue physical and virtual credit cards, monitor expenditures, and integrate payment data with their existing finance systems.

Enterprise SoftwareFintechSaaSBerlin, DE

MRMalte Rau(Founder)inFTFabian Terner(Founder)inAlex Korotkikh(Founder)Malte Rau Fabian Terner(Founder)

Co-investorsALAlstin CapitalE E Nugget Ventures UG (Haftungsbeschränkt)FEFelix JahnFIFin CapitalMOMolten VenturesMOMotive Partners+10 more

Project B is a German payroll processing company that offers both managed payroll services for businesses and a software platform for payroll offices and tax consultants to streamline payroll administration.

Enterprise SoftwareHR TechSaaSMunich, DE

Co-investors1414Peaks CapitalEPEpisode1

QuantPi develops testing and verification technology for artificial intelligence systems to assess their reliability, explainability, and safety before deployment.

AI & Machine LearningDeep TechDeveloper ToolsEnterprise SoftwareSaaSSaarbrücken, DE

Co-investorsCACapnamicPRPreston-Werner VenturesNENew Forge

QD-ST develops quantum sensing microscopy systems for semiconductor failure analysis and defect localization in integrated circuits.

Deep TechQuantum ComputingSemiconductorsMunich, DE

Fleming Bruckmaier(Founder)inKBKevin Berghoff(Founder)inDr. Fleming Bruckmaier(Founder)

Co-investorsBABayern KapitalEAEarlybird Venture CapitalIQIQ CapitalONOnsight VenturesWOWorld FundXPXPRENEURS+1 more

Roofline develops an SDK for edge AI applications that enables developers to import and deploy models across diverse hardware using a Python interface and proprietary AI compiler technology.

AI & Machine LearningDeep TechDeveloper Tools

Co-investorsCOCombination VCONOnsight Ventures

Skycore Semiconductors designs switched-capacitor power converter technology, with the Skycore 300 W evaluation kit demonstrating high-efficiency DC-DC conversion for applications requiring compact design and power density.

AI & Machine LearningDeep TechEnergyHardwareSemiconductorsCopenhagen, DK

Co-investorsAPAPEX VenturesBABalnord Sp. z o.o.MÄMätch VCMOMorph Capital

Software Defined Automation provides a platform for industrial operations that manages factory automation and control systems with AI-driven insights and built-in OT (operational technology) security.

Advanced ManufacturingCloud ComputingCybersecurityDeveloper ToolsIoTBoston, US

JWJosef Waltl(Executive Officer, Director)inJon Rosenbaum(Director)Axel Scheurer(Executive Officer, Director)

BoardABAxel Bichara(Director)in

Co-investorsBABaukunstFLFly VenturesTETechFoundersINInsight Partners

Streambased makes Apache Kafka and Apache Iceberg queryable together, providing a unified view of real-time and historical data without copying data or building new pipelines.

AI & Machine LearningData & InfrastructureDeveloper Tools

TSTom Scott(Founder)in

Co-investorsELElaia

SuperPlane is an open-source "AI software factory" that lets AI agents autonomously handle routine development work—bug fixes, maintenance, test fixes, documentation and small improvements—by scanning codebases and backlogs, enforcing workflow guardrails, and producing verified, review-ready pull requests.

AI & Machine LearningDeveloper ToolsSaaS

Telura develops a next-generation drilling technology that breaks rock using electrical/lightning-based methods to make deep geothermal energy cheaper and faster to access.

CleantechDeep TechEnergyMunich, DE

Andrew Welling(Founder)in

Co-investorsFEFelix Jahn

Tilores provides entity resolution infrastructure for developers that ingests customer data from any source, resolves duplicates in real time, and serves unified entity profiles via GraphQL.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareFintechSaaSBerlin, DE

SRSteven Renwick(CEO & Co-Founder)inHNHendrik Nehnes(Co-Founder)inSBStefan Berkner(Co-Founder)in

Co-investorsCOCOREangelsPEPeak

TURN2X produces certifiable renewable natural gas (RNG) by combining green hydrogen with biogenic CO2 through methanation at plants co-located with renewable power sources, then delivers it via existing pipeline infrastructure.

CleantechClimate TechEnergyMunich, DE

BSBenedikt Stolz(Co-Founder & COO)inPKPhilip Kessler(Co-Founder & CEO)inDr. Dominik Schollenberger(Co-Founder & CTO)

Co-investorsLELEA PartnersTETechFoundersVEVerve Ventures

Unikraft provides a cloud infrastructure platform that runs workloads in lightweight, fast-booting virtual machines with VM-grade isolation and sub-10ms cold start times.

Cloud ComputingCybersecurityDeveloper ToolsSaaS

Co-investorsFLFly VenturesMAMango Capital

UnternehmerTUM is a Munich-based center for entrepreneurship and innovation, described as Europe's largest startup and founding center, supporting founders and companies in areas such as deep tech.

Deep TechFuture of Work

Co-investorsPRPRIMEPULSE SE

Zenline is a SaaS AI phone assistant that answers calls 24/7 for landlines and mobile numbers, handling frequently asked questions, booking appointments, taking orders and messages, qualifying callers, and transferring calls to a human when needed.

AI & Machine LearningSaaSSales Tech

Zenline AI provides assortment intelligence software for retail category teams to optimize product selection and margin decisions.

AI & Machine LearningRetail TechSaaS

ASArber Sejdiji(Co-Founder)inGerrit Merz(Co-Founder)in

ZuriQ develops quantum computing hardware based on a three-dimensional trapped-ion architecture designed for scalable qubit systems while preserving connectivity and operation fidelity.

Deep TechHardwareQuantum Computing

PHPavel Hrmoin

Co-investorsONOnsight VenturesQAQAI VenturesQUQuantonationSQSquareOneEXExtantia CapitalFOFORWARD.one