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The Venture Codex

First Fund

301 - 134 Abbott Street, Vancouver, BC, V6B 2K4, Canada

Overview

Pre-seed investment fund supporting early-stage tech startups.

Deals · 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Canada
The Netherlands
United States

Sector focus

—

Investment portfolio

5rounds
NAMEDATESIZE
Phosphoenix
Sep 2026Participated
$1 MOther Equity
River BioMedics
Jul 2023Participated
$2 MSeed
Periculum
Jan 2022Participated
$0.62 MSeed
Klasha
Oct 2021Participated
$2 MSeed
Vetsie
Jun 2021Led
$0.28 MSeed
Phosphoenix
Sep 2026Participated
$1 MOther Equity
River BioMedics
Jul 2023Participated
$2 MSeed
Periculum
Jan 2022Participated
$0.62 MSeed
Klasha
Oct 2021Participated
$2 MSeed
Vetsie
Jun 2021Led
$0.28 MSeed
5
Items
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Insights

Time horizon

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Deal Distribution

First Fund: 5 funding rounds are recorded in the selected participation categories.All available history.
First Fund: 5 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed13
Other Equity01

Monthly Deal Activity

First Fund: 5 deals are recorded across 65 months.All available history.
First Fund: 5 deals are recorded across 65 months. All available history
MonthDeals
Jun '211
Jul '210
Aug '210
Sep '210
Oct '211
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

First Fund: Health & Life Sciences is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

First Fund: Health & Life Sciences is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Health & Life Sciences3
Fintech1
AI & Machine Learning1
Data, Analytics & IT1
Space & Frontier Tech1
Consumer & Lifestyle1

Deal Size Distribution

First Fund: 5 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

First Fund: 5 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

First Fund: Canada has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

First Fund: Canada has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Canada2
Europe2
United States1
First Fund: 18 co-investors are shown, with 2.12 Angels sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

First Fund: 18 co-investors are shown, with 2.12 Angels sharing 1 recorded deals. All available history
Co-investorShared deals
2.12 Angels1
Basecamp Fund1
Berrywood Capital1
Beuvray Ventures1
Expert Dojo1
Greycroft1
Innovatiefonds Noord-Holland1
KIKK Capital1
Libertatis Ergo Holding1
Loyal VC1
MiLA Capital1
Oost NL1
Plug and Play1
Practical VC1
ROM InWest1
Seedcamp1
TTT Smart Industries Fund1
White Hibiscus Capital1

Investment Strategy

First Fund: Led accounts for 20% and participating for 80% of round participation.All available history.
First Fund: Led accounts for 20% and participating for 80% of round participation. All available history
CategoryDeals (count)Share (%)
Led120%
Participating480%
First Fund: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
First Fund: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Samarth Chandola

Founder