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firstminute Capital

firstminute Capital

Venture Capital

firstminute Capital is a venture fund investing in seed stage tech companies across the UK, Europe and the US. The fund is backed by numerous unicorn founders and was established in 2017.

Portfolio

8

companies

AUM

£315M

under management


Portfolio companies

RightHub

RightHub

RightHub builds a collaborative platform for managing and enforcing intellectual property rights.

Passionfruit

Passionfruit

Passionfruit connects businesses with vetted independent talent through an intelligent collaboration platform.

Hiphops

Hiphops

Hiphops automates software release administration for engineering teams.

Volume

Volume

Volume provides account-to-account payment technology to cut transaction fees for businesses and consumers.

T

TrueCircle

TrueCircle provides artificial intelligence and computer vision systems for recycling facilities.

E

Element

Element provides secure open source collaboration and messaging apps built on the Matrix standard.

NV

New Vector

New Vector offers commercial services and applications for the decentralised communication protocol Matrix.

Agile Analog

Agile Analog

Agile Analog develops configurable analog IP building blocks for semiconductor designers.


Team

CM

Camilla Mazzolini

Investor

Camilla serves as Private Capital Lead at Lendable. Her background includes investor roles at firstminute Capital, Seaya, and Planet Fund, alongside experience as an equity research analyst at Berenberg Capital Markets.

LinkedIn
SC

Spencer Crawley

Founder

Spencer brings investment experience from firstminute capital, DMC Partners, and Goldman Sachs.

LinkedIn
AW

Arek Wylegalski

Partner

BH

Brent Hoberman

Founder

MS

Michael Stothard

Contact

AV

Adriana Vitagliano

Senior Associate


Recent investments

Seed
£3.6M

The oversubscribed seed round was co-led by firstminute Capital and Playfair to support product expansion and international growth.

"Instead of yet another freelancer platform that simply digitizes transactions that could and would happen without it, Passionfruit is bringing a completely new workforce to the market. Gen Z will represent 27% of the global workforce by 2025 and it has been so inspiring to see our specialists as they say goodbye to the Victorian-age structure of the 9-5, and begin a new life working on their own terms. Better still, companies love working with them this way. Smart businesses are realizing that there’s a more elastic and efficient way to manage their relationship with talent."
— Raffi Salama, Co-Founder and CEO
Pre-Seed
$3.5M

The pre-seed round was co-led by firstminute Capital and Seedcamp to support the development of automated release tools.

"Hiphops saves engineering teams time and money by automating away themanual effort that exists between code complete and code delivered, starting with MLchange analysis, automated labelling and automated approvals. All tech teams haveexperienced the frustration of having finished the code but not the job "
— Tom Manterfield, CEO
Pre-Seed
£1.9M

The pre-seed round was led by firstminute Capital with backing from SeedX and Haatch Ventures.

"Instead of yet another one-click checkout, Volume is building the world’s first-ever transparent checkout. Ecommerce has a ‘hidden tax’ in the form of payment commissions to cards and ewallets, and consumers don’t know this ultimately impacts on the prices they pay. We want to finally bring transparency to this enormous market and kill all hidden fees. What Transferwise did for cross-border payments, we’ll do for online payments. We estimate that if every merchant were to implement our solution, the ecommerce industry could save $800 billion in fees."
— Simone Martinelli, Founder and CEO
Series B
£21.8M

Protocol Labs and Metaplanet led the Series B round to accelerate product development for mainstream users and enterprises.

"We’re delighted to have been in a position to choose two more mission-driven investors who back companies that will improve the internet to benefit humankind,"
— Amandine Le Pape, COO
Seed
£6.7M

The Series A round was led by Notion Capital with participation from Dawn Capital and firstminute Capital.

"Ensuring there are Matrix apps out there which provide a credible alternative to Slack and WhatsApp will make it the natural successor to today’s instant messaging applications. New funding will allow New Vector to keep investing in Matrix products and services that will fuel growth of the network."
— Matthew Hodgson, CEO and Matrix Co-founder
Seed
£3.5M

Delin Ventures, firstminute Capital and MMC Ventures backed the round to support engineering expansion and product delivery.

"I’m delighted with the confidence that our investors have placed in us. This investment will enable us to deliver to our customers faster and make possible a paradigm shift in the $2Bn analog IP market."
— Tim Ramsdale, CEO