Fund Momentum - Fresh Funds Ready to Deploy #13

Welcome to the thirteenth edition of my bi-weekly newsletter, where I bring you the latest on newly raised funds (VC & PE) that are ready to deploy capital.

Michael Schneider is a serial founder, operator, and startup advisor. As a seasoned mentor, he launched his own fundraising consultancy, "Seedraisr.” Through his expertise and network, he primarily supports early stage startup founders during their funding rounds, and emerging VC fund managers. He closely follows developments in the venture capital market and provides these insights in his biweekly newsletter.

Today’s edition features the newest funds raised, in Apr 2025, including a total of 26 VC & PE funds.

Here’s what you’ll find about each fund:

• Fund Name

• Fund Size

• Location

• Industry Focus

• Investment Stage

• Website

• Fund Managers with LinkedIn Profiles

So, without further ado, here are the first 10 of the freshest funds primed for investment (in no particular order):

1. KOMPAS VC Fund II I 150M EUR I Denmark I Industrial Technology (focus on productivity, decarbonisation, manufacturing, built environment, AI, robotics, material science, synthetic biology) I Early-stage I kompas.vc I Sebastian Peck, Talia Rafaeli & Andreas Winter-Extra (Founding Partner)

2. First Momentum Ventures Fund II I 35M EUR I Germany I Deep Tech, Industrial Tech, B2B (focus: New Industrials, Energy, Compute-robotics, automation, industrial AI, novel materials, grid infrastructure, energy storage, semiconductors, quantum computing, next-gen data storage) I Pre-seed/Early-stage I firstmomentum.vc I Sebastian Böhmer, Andreas Fischer (Founding Partner)

3. CIV Fund I I 200M USD I USA I Manufacturing, Energy, Infrastructure (focus on nuclear energy, automation, robotics, digital infrastructure, industrial automation, clean energy, carbon capture) I Early-stage I civ.co I Patrick Maloney, Abhijoy Mitra, Jeff Rosenthal (Co-Founder & Managing Partner)

4. Programma 103 (P101 SGR) I 250M EUR I Italy I Digital & Technology (focus: fintech, proptech, edtech, cybersecurity, sustainability, digital transformation) I Early-stage (Series A & B, some growth-stage) I p101.it I Andrea Di Camillo (Founder), Giuseppe Donvito (Senior Partner)

5. TBD VC Fund I 35M USD I Israel & USA I Deep Tech (focus: enterprise AI, cloud infrastructure, cybersecurity, software-enabled defense tech; sector-agnostic but with emphasis on highly technical founders) I Pre-seed and Seed I tbd.vc I David Citron, Alan Buch (Co-Founder & General Partner)

6. 11 Tribes Ventures Fund II I 46M USD I USA I Early-stage Technology (focus on capital-efficient, scalable, and durable startups in non-traditional tech hubs) I Seed & Series A I 11tribes.vc I Mark Phillips (Founder & Managing Partner), Kristina Chapple (General Partner), Jeff Baxter (Partner & Head of Platform)

7. Neo Fund IV I 320M USD I USA I Software, Science, Deep Tech (focus on startups at the intersection of software and science, especially AI, infrastructure, and technical innovation) I Pre-seed, Seed, Accelerator, and selective Late-stage I neo.com I Ali Partovi (CEO), Suzanne Xie (Partner)

8. Volta Ventures Seed Fund III I 20M EUR I Netherlands I B2B Software (focus on early-stage SaaS startups in the Benelux) I Pre-seed and Seed I volta.ventures I Sander Vonk, Frank Maene (Managing Partner)

9. Sturgeon Emerging Opportunities II (SEO II) I 16.5M USD (second close) I UK I B2B Software, FinTech, Marketplaces in Kazakhstan, Uzbekistan, Pakistan, Bangladesh, MENA) I Early-stage (Seed to Series A) I sturgeoncapital.com I Kiyan Zandiyeh (CEO), Robin Butler, Alijon Ravshanov (Partner)

10. Stepchange Fund I I 7M USD I USA I Climate Tech (focus: consumer and commercial transportation, built environment, energy generation and electrical grid, climate adaptation and resilience; strong emphasis on software-driven, asset-light solutions) I Pre-seed and Seed (early-stage) I stepchange.vc I Ben Eidelson, Anay Shah (Co-Founder & General Partner)

Founder’s Corner:

• EWOR is funding visionary founders – plus elite coaching from unicorn builders and a remote-first structure to scale your startup fast. Deadline: May 12 → Apply here

• Raising funding? You might not need as much. Arcanys Ventures trades $200–400k in senior dev power for equity so you can launch faster and raise leaner. Interested to learn more → hit me up at m.schneider[at]arcanys.com!

Content Corner:

• Techstars increases startup funding to $220,000 - [Techcrunch]

• The Next Great VC Firm Will Be Built Like a Media Company From Day One - [Paul Smalera]

• Lyft hails a taxi to Europe: Set to acquire Germany’s FREENOW for €175M - [Silicon Canals]

Stealth Momentum: New Funds in the Making or Under the Radar - presented by Specter:

• Bjorn Bergstrom - Comes Out of Stealth and announces a New Fund: The Wild Ventures as "Co-Founder" - Specter Score 8/10

• Jeff Turnbull - Comes Out of Stealth and announces a New Fund: EQIQ.vc as "Founder & Managing Partner" - Specter Score 7/10

• Jay Aurora - Comes Out of Stealth and announces a New Fund: Dark Pool Capital as "Co-Founder + Partner" - Specter Score 7/10

• Regina Prasad - Comes Out of Stealth and announces a New Fund: Dovecote Capital as "Founder & CEO" - Specter Score 7/10

• James Ramsay - Left Remote and started a New Fund in Stealth - Specter Score 7/10

Don’t miss the full breakdown: unlock 16 more fresh funds in this edition and access 439 total since September 2024. Subscribe monthly for complete articles, or become a founding member (one-time payment) to get access to the complete fund list spreadsheet delivered directly to your inbox.