firstminute capital

😍 $2.3 BILLION was raised by the firstminute portfolio in 2024! 😍 Yes, you read that right. And that's just one incredible achievement from our founders this year, all of whom we backed at pre-seed and seed. What else happened in 2024? Inspired by Spotify wrapped, this is our year in review. 🎤 — 💸 This $2.3bn number was boosted by two mega rounds in the portfolio, one from the self-driving car business Wayve (which raised $1.05bn) and foundational model business Mistral AI (which raised $640m). Proud of them both! 💰 We also saw 6 Series B write ups (some just about to close) which raised a combined $188m. These are companies doing real $5m+ annual revenues, not hyped up deals. The revenue multiple on these deals was an average of 20x. ️🔥 In total we saw 25 follow on rounds across the portfolio, and we have partnered up with amazing funds like General Catalyst, Balderton Capital, Creandum, Spark Capital, Hedosophia, Mubadala, Lightspeed, SoftBank Investment Advisers, NVIDIA, Microsoft, Uber, HV Capital, Seaya, Moonfire, Concept Ventures and Cathay Capital. 💪 We have also been working hard making new investments from our Fund III. We saw ~2,500 deals over the year and invested in 16 companies, deploying $29m in initial money. Fund III also saw 2 Series A rounds. 😇 Some of the angels we teamed up with are Cal Henderson, Olivier Pomel , Christopher North, Jeremy Yap, Paul Graham, Husayn Kassai, Jon Reynolds, Mike Hudack, Steve Fredette, Nico Rosberg, Mehdi Ghissassi as well as scouts from Sequoia and A16Z. 😭 It was not all good news though. Seven of our portfolio founders from Fund I and Fund II had to wind up operations or seriously recap the company, representing 2.5% of the funds! We tried to help them with empathy and respect in a tough time. The VC landscape is evolving. Markets are shifting. But one thing remains constant: exceptional founders building transformative companies. Are you one of them? We're already looking at what 2025 might bring, and we'd love to hear your story. Drop a 🚀 in the comments if you're building something amazing! #VentureCapital #Startups #Innovation #Entrepreneurship #TechInvestment

🚀 Thrilled to back montamo as they raise €6M from Alter Equity, Rethink Education, and us, alongside Project A. Since 2023, montamo has been revolutionising heat pump installation in Germany 🇩🇪 with speed, quality, and purpose. Their social mission is just as powerful as their climate impact: through their growing network of training academies, they’re creating career paths for 1,000+ people, many of whom were previously unemployed or from migrant backgrounds. We’re proud to support a company powering homes - and careers 🌟 #pumpitup #climatetech #impactdriven #seedround #venturecapital Lina Wenner Brent Hoberman Spencer Crawley Sam Endacott Adriana Vitagliano Lorcan Delaney Michael Stothard

🚨 Your new go-to hub for AI developer tools 🧰 We’re proud to support our portfolio company Tessl as they launch AI Native Dev — a curated, categorized, and constantly evolving directory of the best tools across the entire Software Delivery Lifecycle. From rapid prototyping and app development to DevOps, testing, and security - it’s all in one place. Finding the right AI dev tool can supercharge your productivity, but ✨discovering✨ that tool is a different game. This initiative reflects Tessl’s mission to build an open, collaborative ecosystem for AI-native software development. Explore it, contribute to it, and shape the ecosystem with us. More in comments. #AINative #AIDevTools #DevTools Guy Podjarny Simon Maple Sam Endacott Spencer Crawley Lina Wenner Brent Hoberman Adriana Vitagliano Lorcan Delaney Michael Stothard

Huge congrats to Lindus Health for landing the #4 spot on this year’s #Sifted100 💯 A win like this doesn’t happen without a world-class team. Congrats to Meri Beckwith, Michael Young and the full team for this well-earned recognition. Their innovative, patient-centric approach is redefining clinical trials – proud to be partners on this journey. 🚀 Lina Wenner Adriana Vitagliano Spencer Crawley Sam Endacott Brent Hoberman Michael Stothard Lorcan Delaney

🚀 Huge congrats to Jan Oberhauser and the n8n team on their $60M Series B led by Highland Europe — with continued support from Sequoia Capital, Felicis, and Harpoon Ventures. We’re proud to have backed n8n at seed stage and to see the team now powering automation for 3,000+ enterprise customers and embracing AI-first workflows at scale. From an open-source side project to one of Europe’s most exciting infrastructure companies — it’s been a privilege to witness this journey up close. Onwards 🛠️💥 #SeriesB #AI #Automation #n8n Sam Endacott Brent Hoberman Lina Wenner Spencer Crawley Adriana Vitagliano Lorcan Delaney Michael Stothard

🚨 Did you know your morning jam goes through more scrutiny than most political candidates? 🚨 Before that sweet, delicious spoonful lands on your toast, it has to pass quality inspections, pesticide analysis, sustainability certifications, microbial testing, and more. Now, imagine this level of scrutiny for cars, medical devices, or entire buildings. That’s the $250bn Testing, Inspection, and Certification (TIC) industry—an industry so old and entrenched that some of its key players are pushing 200 years old. But here’s the kicker: AI is about to change everything. 📉 Endless paperwork? AI-powered automation. 🔍 Manual inspections? Multimodal models combining text & visual analysis. 💨 Bureaucratic bottlenecks? Streamlined digital certification. At firstminute capital, we believe the entire TIC industry is ripe for disruption. We’re backing AI-driven startups that are bringing modern, scalable solutions to this massive, overlooked market. If you’re an ambitious founder building at the intersection of AI and industry, we’d love to chat. Let’s jam. 🍓🔥 👉 Reach out: michael@firstminute.capital, sam@firstminute.capital, lorcan@firstminute.capital #AI #Innovation #Startups #TIC #VentureCapital #FoodSafety #QualityControl Jonathan Low Scope LightLab Bureau Veritas Group David Boutellier Florian Scherer James Dewar Scarlet

Huge congratulations to Vantis who have secured €10M in Series A funding to advance the future of chronic disease management. With a strong vision for data-driven, proactive healthcare, Vantis is making primary care more efficient, accessible, and patient-centric, especially for those who live with chronic conditions. Looking forward to seeing how this next phase of growth shapes the future of healthcare! 💡💙 Angelini Ventures Bayern Kapital Twip Impact Ventures b2venture Till Jansen Maximilian Roedel Dr. Kevin Wiesner Lina Wenner Spencer Crawley Sam Endacott Brent Hoberman Lorcan Delaney Adriana Vitagliano Michael Stothard #HealthcareInnovation #VentureCapital #ChronicCare #DigitalHealth

🚘📈 Wayve performed 3X better in Germany compared to its initial US deployment without any additional market-specific training. This improvement is testament to the power of ✨AV2.0✨, which replaces traditional map-dependent systems with AI foundation models that learn from diverse global data. More diverse data = faster adaptation to new environments. Discover how Wayve is shaping the future of self-driving technology: https://lnkd.in/eKjWRcsH Brent Hoberman Spencer Crawley Lina Wenner Sam Endacott Adriana Vitagliano Lorcan Delaney Michael Stothard

Huge congratulations to the Clockwork Labs team on an incredible launch! BitCraft Online just landed on Steam Early Access and 20,885 people have already hit Wishlist faster than we can craft a wooden axe 🪓🔥 It’s no small feat to have nearly the population of a small town eager to jump into your open-world survival crafting MMORPG on day one. We're proud to support this journey and can’t wait to see players dive in. If you haven’t yet, wishlist now and be part of the adventure 🎮👇 🔗 https://lnkd.in/eJu2M2S9 #Gaming #MMORPG #BitCraftOnline #SurvivalCrafting #VentureBacked

In January, we launched firstminute Founder Circles - designed to bring our portfolio founders together for unfiltered, peer-to-peer conversations. We start & end our involvement with building the container: curated groups, selected restaurants, payments… then leave our founders to do the rest. Literally. After the first two dinners, it's up to the founders to maintain the momentum. Early signs of our 50+ founders suggest they're eager to do just that - the initial feedback has been incredibly promising. Founders: 🌟 valued the space for honest bonding, especially appreciating the lack of usual networking and pitch-centred agenda 💬 reported an active & helpful WhatsApp group following these dinners ✈️ abroad are even flying into London to make it! We already see the energy and engagement carry on beyond the table after just one dinner. We won’t ask about what triumphs and doubts were discussed, but can only assume that magic happens when brilliant minds connect in circles ⭕️ Spencer Crawley Brent Hoberman Anaïs Benazet Michael Stothard Lorcan Delaney Adriana Vitagliano Lina Wenner Sam Endacott #PeerNetworking #Leadership #FounderJourney #VentureCapital