First Momentum Ventures’ Post

Here's some handy milestone guidance for deep tech hardware founders out there from First Momentum Ventures

Congratulations and many thanks for this work First Momentum Ventures, Dr. Maximilian Ochs, David Meiborg, Lena Späth, Reinhardt Karpenko ! Tach2yone GmbH as a Growth Equity investor in the Green Energy Transition and related areas is looking to invest in more mature Deep Tech companies (Series B and later). One of our most important investment criterion is (positive) EBITDA: we believe, that in industries with high CapEx, EBITDA is useful because it eliminates the distortions caused by significant depreciation and amortization expenses, providing a clearer view of operational profitability. Thus, EBITDA is an essential tool for us to assess a company’s core profitability and financial health. First Momentum Ventures and community: what are your thoughts on this approach and would you consider to take also EBITDA into your napkin for later stage companies?

This is an extremely useful report for deep tech startup founders. For example, understanding what valuation cap you should focus on in the early stages is essential. In my experience, it is one of the most discussable points. Thank you, First Momentum Ventures, for a good job!

We’re excited for Amar Varma, Dwayne Forde, and the whole team on the launch of Mantle, an AI co-pilot for founders. Designed to help founders eliminate costly mistakes and relieve the mental load that comes with starting a new venture, Mantle is simplifying managing equity for startups. Read more on TechCrunch from Kyle Wiggers, and request a demo of the next-generation platform for modern founders at withmantle.com. https://lnkd.in/gvDzFpgS #AI #startups

🎧 Glad to be interviewed by my new friend Paddy Ramanathan on his Silicon Valley Podcast, where we discussed True Global Ventures and our commitment to backing the best AI founders in the Bay Area for their Series B rounds and supporting their global expansion to Europe, the Middle East, and Asia through our extensive networks. 🌍 Together with my partners Konrad Wawruch Fredrik Adolfsson Dušan Stojanović and Beatrice Lion we dedicate our energy to investing in and supporting the global growth of the best AI founders. Our True Global Ventures Opportunity Fund [160m USD] specializes in Late Stage AI companies with an ARR between $5M to $10M and a strong growth trajectory around Series B. Our investment range is from $5M to $30M, and we prefer to lead on deals, offering active support with a board seat. We are committed to helping businesses expand globally. If AI founders would like to discuss how we can support their vision and help accelerate their growth, let's set up a time for a coffee and chat in the coming days in Palo Alto. We also talked about our 4th Global Competition, where we recently gathered 112 VCs and 100 AI startups and selected 5 winners! You can check my previous LinkedIn post or reach out to me for more details and insightful learnings. From the Bay to the rest of the world, our mission is to foster the growth of revolutionary AI startups.  Together with founders, we are shaping the future of AI and expanding its horizons globally. 🌐 See you in Palo Alto. https://lnkd.in/ezyZnuCC #artificialintelligence #AI #Founders #serieB #globalexpansion #howtoscale #yourVCisyourdistribution #paloalto #Bayaera

Interesting outlook on AI!

Join the ranks of innovation leaders, startups, and venture capital investors at #OhioVCFEST. Celebrating Ohio's thriving tech and innovation community is an exciting initiative, and we're eager to witness the impact of this inaugural event! 🔍🚀 #TechInnovation #OhioVC #InvestingCommunity"

To support rapid consumer adoption and expansion plans, Perplexity has raised $73.6 million in Series B funding from trusted VC firms and prominent tech visionaries. IVP led the round with continued support from Perplexity’s Seed and Series A investors NEA, Elad Gil, Nat Friedman, and Databricks, as well as new investors NVIDIA, Jeff Bezos (through Bezos Expeditions Fund), Tobi Lutke, Bessemer Venture Partners, Naval Ravikant, Balaji Srinivasan, Guillermo Rauch, Austen Allred, Factorial Funds, and Kindred Ventures, among others. Perplexity Founded in 2022, Perplexity was founded on the belief that searching for information should be a straightforward, efficient experience, free from the influence of advertising-driven models. Aravind Srinivas Google Microsoft Denis Yarats Cack Wilhelm Somesh Dash Cynthia Kuo Angela Zhu #funding #investment #vc #startups #funds #investors #AI