First Momentum Ventures
Rintheimer Str. 15, Karlsruhe, Baden-Württemberg, 76131, Germany
Overview
First Momentum Ventures helps your startup to gain its first momentum by backing you with a first investment. They provide young ambitious startups with a first investment, world-class mentoring, and a strong network. They typically invest in B2B startups in the DACH region.
- Total investments
- 24
- Lead investments
- 0
- Investments · 12mo
- 10
- Active investors
- 7
Sector focus
- Information Technology
- Venture Capital
Investment portfolio
- Quantum Diamonds
Participated · Series A · Jul 2026
QuantumDiamonds develops and plans to manufacture advanced measurement and test systems for the semiconductor industry using novel quantum sensors that enable high-resolution, three-dimensional inspection of modern chips. The company is building the first production site for these quantum-sensor-based systems in the EU, with an announced investment plan of €152 million. It secured a €76 million direct grant approved by the European Commission and expects additional public support from the German federal and Bavarian state governments. QuantumDiamonds has made operational commitments tied to the public support, including prioritizing orders during shortages, offering early access to parts of the facility to startups and academic labs, and sharing excess project-related profits with Germany. The project is positioned as contributing to European semiconductor supply security and to strengthening the EU value chain under the European Chips Act.
- SuperPlane
Participated · Seed · Jun 2026
SuperPlane is building an open-source, AI-first control plane for event-driven workflows that helps engineering teams coordinate deployments, infrastructure operations, incident response, and other production workflows. The platform integrates with 30+ tools and offers 300+ components across providers and services such as AWS, GCP, GitHub, GitLab, Slack, PagerDuty, Datadog, OpenAI, and Claude. SuperPlane aims to give AI the context, policy, and guardrails needed to propose and coordinate operations while keeping humans in control. Over time the company intends to turn operational knowledge held in scripts and tribal know-how into structured, auditable, and executable systems at organizational scale. The founding team includes Darko Fabijan (CEO), Marko Anastasov (CPO), Lucas Pinheiro, Aleksandar Mitrovic, Igor Sarcevic, and Petar Perovic, and Fabijan and Anastasov previously built Semaphore. The company is being developed in the open, with a public GitHub, documentation, and Discord for its community.
- encosa
Participated · Seed · Jun 2026
encosa offers a complete batteries storage solution for mid-sized companies, handling selection, installation, commissioning and ongoing operation while combining hardware, financing options (purchase, rental or lease) and a proprietary AI-supported software platform. Its platform integrates behind-the-meter cost savings and front-of-the-meter market participation to optimize economic operation. Typical customers are energy-intensive industries such as chemical, glass and machinery, and encosa reports that solutions typically pay back within 18 months to five years. Customers receive immediate lower energy costs, additional revenue from feed-in, CO2 reductions and ESG reporting benefits. The company was founded in 2024 and is headquartered in Munich, and the team includes Sebastian Becker and Sascha Koberstaedt.
- Telura
Participated · Seed · Mar 2026
Founded in 2025 by Philipp Engelkamp and Andrew Welling, Telura is building an electric-impulse drilling system that fractures rock with high-voltage pulses rather than mechanical grinding. This approach promises to cut drilling time and costs, addressing the primary bottleneck—drill-bit wear—when accessing 5–20 km-deep geothermal reservoirs. The technology stems from more than twenty years of research at leading German technical universities and has already demonstrated efficient granite breakage in tests. Telura’s system integrates with existing drilling rigs, allowing for faster field deployment and compatibility with current industry workflows. The company plans to enter the market in 2026 and has a validation agreement with SPRIND to accelerate commercialization. Telura positions geothermal as a 24/7 baseload energy source critical for Europe’s looming power shortfall driven by AI and electrification. To date, the startup has secured €4 million in pre-Seed funding to advance engineering and scale its prototype toward field-ready systems.
- InSpacePropulsion Technologies
Participated · Seed · Feb 2026
InSpacePropulsion Technologies (ISPTech) is a German space-tech company focused on propulsion hardware that replaces toxic hydrazine thrusters with safer, high-performance alternatives. Its product line includes the HyNOx and HIP_11 systems, which are designed to deliver high thrust and rapid responsiveness for collision avoidance, orbit changes, and other complex satellite maneuvers. The company is expanding commercial engagement with satellite manufacturers, defence customers, and in-orbit service providers. Two customer missions are currently in preparation, with the first small-satellite launch using ISPTech propulsion planned for 2026, while CubeSat units are already in acceptance testing. ESA-supported projects are helping advance HIP_11 and an orbital refuelling initiative. By enabling more flexible spacecraft mobility, ISPTech aims to underpin future growth in satellite constellations and in-orbit services.