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First Momentum Raises €35 Million Fund II to Back the Next Generation of Compute & AI Infrastructure in Europe

Insider Brief PRESS RELEASE — First Momentum Ventures today announces the close of its oversubscribed €35 million Fund II, with a focused mission: backing deeply technical founders building Europe’s next-generation compute infrastructure, AI systems,

28 Apr 2025 · 4 min read

Computer

First Momentum Raises €35 Million Fund II to Back the Next Generation of Compute & AI Infrastructure in Europe

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Amazon’s Panos Panay Bets on Ambient AI Over Apps as the Future of Personal Computing

AiMOGA to Open Global Pre-Orders for Mobo Home Humanoid Robot

Neura Robotics, NXAI Partner to Build Memory System for Physical AI

Anthropic Grants METR Researchers Employee-Level Access for Independent AI Risk Assessments

Meta Drops Commercial Terms Language That Sparked AI Training and Scraping Concerns

Computer

First Momentum Raises €35 Million Fund II to Back the Next Generation of Compute & AI Infrastructure in Europe

Trending today

Amazon’s Panos Panay Bets on Ambient AI Over Apps as the Future of Personal Computing

AiMOGA to Open Global Pre-Orders for Mobo Home Humanoid Robot

Neura Robotics, NXAI Partner to Build Memory System for Physical AI

Anthropic Grants METR Researchers Employee-Level Access for Independent AI Risk Assessments

Meta Drops Commercial Terms Language That Sparked AI Training and Scraping Concerns

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