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Moonfire Ventures

GBDEFRSENLESITPTDKNOFIATBEPLCZROHUEELVLTGRIECHSISKHRBGILAI/MLFintechHealthtechCybersecurityB2B SaaSDevtoolsConsumerDeep Tech

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Investment thesis

Moonfire believes the most transformative innovations are driven by companies that seamlessly integrate four essential elements: Access, Efficiency, Quality, and Data — what the firm calls the 'Golden Triangle of innovation.' They invest in European pre-seed and seed companies revolutionising work, security, finance, gaming, and health through data-powered innovation, focusing on scalable, capital-efficient software solutions while avoiding hardware-heavy, traditional marketplace, or capital-intensive models. Moonfire positions itself as a 'technology company that does venture capital,' building proprietary LLMs, ML-powered sourcing, and evaluation tools to review up to 50,000 companies per week — an estimated 600x the industry average. The firm partners with exceptional founders at the very earliest stages, providing not just capital but an extensive network of operators, technical expertise, and platform resources to help them build category-defining businesses.

Notable quotes

The world is entering a golden age of innovation at the earliest stages, and Moonfire is at the forefront of this evolution. We are a technology company ourselves, combining software, data, and deep technical expertise to refine every aspect of venture capital — from identifying untapped opportunities to empowering founders with the resources to realize their vision.

Mattias Ljungman · BusinessWire / Sifted — Moonfire Fund II announcement · 2023-05-24

Moonfire has built tools that find opportunities by crawling the internet and determining if they're relevant for the fund. The team reviews up to 50k companies a week — it estimates that's 600 times the industry average — using custom AI models and a proprietary tech stack.

Mike Arpaia · Sifted — 'Data-driven early-stage VC Moonfire raises two new funds' · 2023-05-24

We move like they do; fast, scrappy, first-principles-first. At Moonfire, we are building a new kind of home for founders — those with the ambition, courage and capacity to tackle the biggest challenges and create the future.

Mattias Ljungman · Moonfire website — 'Reintroducing Moonfire' / F4 Fund profile

Recent investments

CompanyRoundSizeDate
FiligranSeries B$35m2024
FlagrightSeed$4m2025-03
FlexionAISeed2025
MoknSeed$3m2025-10
BrightwaveSeed$6m2024-06
HumaansSeries A$15m2023
LightdashSeed$7m2022
GOALSSeries A$20m2023-04
PentoSeed2021
LiveFlowSeed2022

Frequent co-investors

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