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Portfolio
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Munich-based SaaS referrals platform Cello has raised €3.1 million
“With Cello, businesses can add a new ROI-positive, scalable channel in hours to improve their payback period, LTV:CAC, and capital efficiency,” says Stefan Bader, co-founder, and CEO at Cello.
The DESY spinoff looks inside rocket engines and turbines that X-rays can't penetrate. First Momentum led the €7.1m round with Caelora, backed by the EU's Horizon Europe program.
Insights
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Sebastian Böhmer
Atlas Bio: Running Clinical Trials Without Patients
First Momentum invested in Atlas Bio at pre-seed. The Basel-based techbio company replaces Phase II drug trials with AI, and it now comes out of stealth with a $11m seed round led by Creandum.
Insights
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Magentic Raises $18M to Scale Its Procurement Agents
Axios reports Magentic's $18 million Series A, led by Felicis, backing AI agents that help procurement teams work across fragmented data under shifting tariffs and tighter budgets.
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