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Moonfire Ventures

Reimagining finance & money, realising the future of work, new frontiers in gaming and transforming healthcare.
Moonfire Ventures
Leadership team

Mattias Ljungman ( Founder & Managing Partner)

Michael Kim (Founder & managing partner)

Number of Employees
0 - 50
Headquarters
London, United Kingdom
Established
2021
Social Media
Summary

Moonfire Ventures is a venture capital firm that invests in early-stage technology startups that are creating positive change in the world. The firm was founded in 2019 by Mattias Ljungman, a successful entrepreneur and venture capitalist with a background in the technology industry.

Moonfire Ventures is based in London, UK, and has a team of experienced investment professionals with a strong track record of supporting early-stage companies. The firm's investment philosophy is centered around fostering innovation, supporting entrepreneurship, and driving positive social and environmental impact.

Moonfire Ventures' portfolio includes a diverse range of companies across a variety of industries, all of which have the potential to drive significant social and environmental impact. The firm is dedicated to providing portfolio companies with the support and resources they need to succeed, including strategic guidance, networking opportunities, and access to capital.


History

Moonfire Ventures was co-founded in 2021 by Michael Kim and Mattias Ljungman, two experienced investors and entrepreneurs who have been active in the technology startup ecosystem for many years.

Michael Kim is a seasoned investor and entrepreneur with more than two decades of experience in the technology industry. Prior to co-founding Moonfire Ventures, Kim was a partner at the venture capital firm Cendana Capital, where he led investments in numerous successful startups.

Before his career in venture capital, Kim co-founded the mobile advertising company AdMob, which was acquired by Google in 2010 for $750 million. He also co-founded the consumer internet company Kozmo.com and held senior executive positions at PayPal and Yahoo!.

Kim's extensive experience in both entrepreneurship and venture capital has made him a sought-after advisor and mentor to numerous technology startups. He is known for his strategic insights and his ability to identify promising early-stage companies.

Mattias Ljungman, the other co-founder of Moonfire Ventures, has also had a successful career as an investor and entrepreneur. He co-founded the mobile user interface software company TAT, which was acquired by BlackBerry in 2010, and the wearable camera company Memoto, which was acquired by a private equity firm.

Ljungman was also a co-founder of Atomico, one of Europe's leading venture capital firms, where he was involved in investing in numerous successful startups, including Klarna and Lilium.

Together, Michael Kim and Mattias Ljungman bring a wealth of experience and expertise to Moonfire Ventures. The firm's focus on investing in early-stage technology startups that are transforming their respective industries reflects their deep understanding of the startup ecosystem and their commitment to identifying and supporting the most promising companies.


Investment criteria

Moonfire Ventures specializes in investing in early-stage technology startups that are solving complex problems and creating new opportunities. The firm's investment criteria are focused on identifying startups with high potential for growth and innovation.

Here are some of the key investment criteria that Moonfire Ventures looks for in potential portfolio companies:

  • Founders: Moonfire Ventures places a strong emphasis on the quality of the founding team. The firm looks for founders with a clear vision for their business, a strong track record of execution, and a deep understanding of their target market.
  • Market: The firm invests in startups that are addressing large and growing markets with significant potential for disruption. Moonfire Ventures looks for companies that are solving real-world problems and creating new opportunities.
  • Technology: Moonfire Ventures invests in companies that are leveraging cutting-edge technology to drive innovation and create competitive advantages. The firm has a particular focus on artificial intelligence, machine learning, and other emerging technologies.
  • Product: Moonfire Ventures looks for startups with compelling products that are differentiated from the competition and offer clear value to customers. The firm invests in companies with a strong product-market fit and a clear path to scale.
  • Growth potential: The firm invests in companies with significant potential for growth and market expansion. Moonfire Ventures looks for startups that are on the path to becoming category leaders and have a clear strategy for scaling their business.

Values

The firm's values are centred around fostering innovation, supporting entrepreneurship, and driving positive social and environmental impact. Here are some of the key values that guide Moonfire Ventures' investment philosophy:

  • Innovation: Moonfire Ventures is committed to investing in startups that are leveraging cutting-edge technology and driving innovation in their respective industries. The firm values creativity, intellectual curiosity, and a willingness to take risks.
  • Entrepreneurship: The firm is deeply committed to supporting entrepreneurs and helping them build successful businesses. Moonfire Ventures understands that entrepreneurship is a challenging and often lonely journey, and it is dedicated to providing founders with the support and resources they need to succeed.
  • Impact: Moonfire Ventures believes that technology can be a powerful force for positive change in the world. The firm is committed to investing in startups that are creating solutions to some of the world's most pressing challenges, including climate change, healthcare, and education.
  • Collaboration: Moonfire Ventures recognizes the importance of collaboration and partnership in driving innovation and creating a positive impact. The firm works closely with portfolio companies, co-investors, and industry experts to provide strategic guidance and support.
  • Diversity and Inclusion: Moonfire Ventures is committed to promoting diversity and inclusion in the technology industry. The firm believes that a diverse and inclusive workforce is essential for driving innovation and creating positive social and environmental impact.

Mission

"At Moonfire Ventures, we are on a mission to support and empower the most innovative and disruptive early-stage technology startups that are creating positive change in the world. We believe that entrepreneurship and innovation are essential drivers of social and environmental impact, and we are committed to investing in companies that have the potential to transform their respective industries.

Our goal is to identify and invest in the most talented and visionary founders, and to provide them with the support and resources they need to build successful and sustainable businesses. We are committed to promoting diversity and inclusion in the technology industry, and to working closely with our portfolio companies to drive positive social and environmental impact.

Through our investments, we seek to create a better world for future generations, and to empower entrepreneurs to drive innovation and positive change. We are dedicated to our mission and to the success of the companies we invest in, and we look forward to partnering with visionary founders who share our commitment to creating a better world."


Portfolio

Moonfire Ventures invests in startups that are creating positive change in the world. The firm's portfolio includes a diverse range of companies across a variety of industries, all of which have the potential to drive significant social and environmental impact. Here are some examples of companies in Moonfire Ventures' portfolio:

  • Arceo.ai: Arceo.ai is a cybersecurity startup that provides insurance and risk analytics to small and mid-sized businesses. The company uses machine learning and artificial intelligence to detect and prevent cyber threats, helping businesses protect themselves from data breaches and other security risks.
  • Sila Nanotechnologies: Sila Nanotechnologies is a battery technology startup that is developing a new generation of high-performance lithium-ion batteries. The company's batteries offer significant improvements in energy density, cycle life, and safety, and have the potential to revolutionize the energy storage industry.
  • Graphcore: Graphcore is a semiconductor startup that is developing a new generation of artificial intelligence processors. The company's processors are designed specifically for machine learning and deep learning applications and offer significant improvements in performance and efficiency compared to traditional CPUs and GPUs.
  • Mina: Mina is a blockchain startup that is focused on creating a more decentralized and scalable blockchain infrastructure. The company's blockchain protocol is designed to be lightweight and easy to use and has the potential to significantly reduce the computational and storage requirements of blockchain applications.
  • Seeqc: Seeqc is a quantum computing startup that is developing a new generation of superconducting quantum processors. The company's processors are designed to be scalable and easy to integrate with existing computing infrastructure and have the potential to significantly accelerate the development of quantum computing applications.
  • Overall, Moonfire Ventures' portfolio reflects the firm's commitment to investing in the most innovative and disruptive companies that have the potential to drive significant social and environmental impact. By leveraging its extensive network of industry experts and entrepreneurs, the firm is able to provide portfolio companies with strategic guidance and support to help them succeed.

References
Moonfire Ventures
Leadership team

Mattias Ljungman ( Founder & Managing Partner)

Michael Kim (Founder & managing partner)

Number of Employees
0 - 50
Headquarters
London, United Kingdom
Established
2021
Social Media