Skybound launches with $38M to back early deeptech founders
Summary
Skybound Venture Capital has launched a new deeptech-focused fund, securing an oversubscribed first close of \$38 million, anchored by the European Investment Fund. Based in Athens, the fund was co-founded by Thaleia Misailidou, formerly of Marathon Venture Capital, and George Varvarelis, co-founder of Augmenta. Skybound targets pre-seed and seed-stage companies developing technically complex software and hardware in areas like infrastructure, advanced computing, bioengineering, and frontier technologies. The fund plans initial investments ranging from \$500,000 to \$2 million, maintaining a concentrated portfolio with follow-on reserves. Its approach is founder-led and operationally focused, aiming to support defensible technologies with long-term industrial and societal impact. Neurosoft Bioelectronics, developing brain-computer interfaces, is Skybound's first investment.
Key takeaway
For deeptech founders seeking early-stage capital, Skybound Venture Capital offers a founder-led, operationally focused investment partner. If your startup is developing technically complex, defensible software or hardware in areas like bioengineering or advanced computing, consider their pre-seed to seed funding, which includes initial cheques from \$500,000 to \$2 million and potential follow-on support. This fund prioritizes original technologies with long-term industrial and societal impact.
Key insights
Skybound backs early-stage deeptech founders building technically complex, defensible technologies with long-term industrial and societal impact.
Principles
- Prioritize founder-led, operationally focused investment.
- Support technically ambitious founders early.
- Seek original, defensible deeptech solutions.
Method
Skybound invests \$500,000 to \$2 million in pre-seed/seed deeptech companies, maintaining a concentrated portfolio with significant follow-on reserves for selected firms.
In practice
- Target infrastructure, advanced computing, bioengineering.
- Develop scalable brain-computer interfaces.
- Build defensible technologies for industrial impact.
Topics
- Deeptech
- Venture Capital
- Early-stage Funding
- Bioengineering
- Advanced Computing
- Brain-Computer Interfaces
Best for: Entrepreneur, Investor, Consultant
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