Concentric has invested in First Momentum's second fund, focusing on pre-seed technical B2B and deep-tech startups in Europe.
Information on the Target
First Momentum is an investment fund that specializes in nurturing pre-seed technical B2B and deep-tech startups across Europe. Founded in 2015, the firm has built a strong reputation for its focus on early-stage investments led by teams of experienced scientists and engineers. Headquartered in Germany, First Momentum has successfully launched its incubator to foster innovation in technology-driven enterprises.
Throughout its operational history, First Momentum has demonstrated a commitment to identifying and supporting groundbreaking technologies and business models. The firm leverages its extensive network and expertise to provide tailored guidance and resources to the startups it invests in, creating a conducive environment for technological advancement and business growth.
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Industry Overview in Germany
The deep-tech startup ecosystem in Germany has been gaining substantial traction in recent years, driven by high levels of research and development investment, a robust engineering workforce, and a cultural em
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Concentric
invested in
First Momentum
in 2023
in a Seed Stage deal