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Portfolio
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Telura Among 7 Geothermal Startups to Watch in 2026
Sifted asked investors which geothermal startups to watch in 2026 and published a list of seven, with Telura among them. The piece frames the field around bringing drilling costs down and giving Europe more energy independence.
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.
Portfolio
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Sebastian Böhmer
Pipeline-Ready Gas from Renewables, Made in Europe
Turn2X converts renewable electricity and CO2 into e-Methane, a molecule chemically identical to fossil gas that runs through the infrastructure Europe already has. First Momentum invested at pre-seed and has now followed on into its €20M Series A.
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