Lunar Ventures focuses on helping ambitious deep tech software startups succeed. Hardware is also possible, but significant value has to be in the software side. They invest in early stage teams with strong technological founders, and look for indication of ability to execute. Previous entrepreneurial experience is a plus but not a requirement.
They’re well versed with algorithms, AI, machine learning, blockchain and other areas of software deep tech. Their three core partners have backgrounds in software engineering, mathematics, algorithmics and related product strategy and business roles.
Most of their investments are into companies with a valuation in the low single digit millions. They typically lead or co-lead an investment syndicate, but have done solo investments as well.
Ticket size: €150k-€500k, sweet spot €300k, maximum allocation with follow-on investments €1,500k per company