Solo GP Felix Plapperer announced the final close of the first €17 million micro fund in his venture capital firm BOOOM. The fund will support B2B software startups across Europe at pre-seed and seed rounds.
- Founded in 2023 by Felix Plapperer, BOOM is a venture capital firm supporting Europe's upcoming B2B startups through a networked micro fund, backed by unicorn founders.
- With the €17 million micro fund, BOOOM plans to invest in 30 supply chain and tech startups across Europe from pre-seed to seed rounds, with initial tickets ranging from €100,000 to €400,000.
- BOOM has already invested in 11 companies with the recent fund, including Timberhub, Ankar AI, and Spread AI. Additionally, the startups in the portfolio will receive one-on-one support and mentorship from the founders of the German unicorn sennder: David, Nico, or Julius.
- The fund saw participation from institutional investors, a diverse group of unicorn founders and operators, family business entrepreneurs, and the broader VC ecosystem.
“First and foremost, our conviction to invest is driven by the founders we back: irrationally driven individuals, who can well articulate their deep understanding around burning problems in large B2B markets - and who are fueled by the ambition to build venture scale technology companies to solve them,” General Partner at BOOOM, Felix Plapperer, commented.
