First Imagine! Ventures

First Imagine! Ventures is a venture capital firm established in 2016 and located in London, United Kingdom. The firm specializes in early-stage investments, including seed, series A, and bridge financing, with a particular focus on the energy transition sector. It seeks opportunities in utilities, electrical equipment, energy, and industrial heating, ventilation, air conditioning, and refrigeration. Additionally, First Imagine! Ventures is interested in innovative business models and deep science and engineering technologies that enhance energy production, transmission, distribution, consumption, and monitoring. The firm primarily targets investments in Europe and Israel, typically committing between £1 million and £5 million in equity to companies with an enterprise value ranging from £5 million to £50 million.

Boris Dorin

Partner

Starchenko, Alexander Grigorievich

Managing Partner

11 past transactions

Lumenaza

Series B in 2021
The idea for the company came about during a visit to a family celebration in a small village in Franconia. Virtually everyone there generates green electricity. But strangely enough, you could not buy the electricity anywhere, and it was often dependent on non-transparent offers. They thought that an approach that has worked well for food for years should actually work even better for regional electricity. That idea sparked the development of their software, which uses sophisticated algorithms to ensure a secure and balanced supply of green electricity in regional communities. The software has been operational and available on the market since the beginning of 2014. They have already implemented many projects with municipal utilities, project developers, energy cooperatives and new energy players - initially with the approach of introducing regional electricity products. And in 2016, they developed their software into a “utility in a box” solution and can now offer all the services of an energy service provider in a modular and highly automated way.

Moixa Technology

Corporate Round in 2019
Moixa develops integrated hardware and GridShare software for renewable energy storage, optimization, and aggregation.

Aibuild

Seed Round in 2019
Aibuild is a software company with locations in London and Silicon Valley, that is transforming the Additive Manufacturing industry on a global scale. We are on a mission to make manufacturing efficient by accelerating the transition towards factories of the future that are cloud-connected, autonomous and primarily additive.

Voltaware

Series A in 2018
Voltaware was formed from a group of professionals from diverse industries who realised that there is currently a huge lack of transparency in household energy bills. They came together to solve this problem and developed the Voltaware energy monitor to give consumers the information they need to get the best energy offerings on the market as well as becoming more energy efficient without compromising lifestyle.

Aurelia Turbines

Venture Round in 2018
Aurelia Turbines have successfully commercialised technology developed in Lappeenranta University of Technology, Finland. The pedigree of this technology has been established over 30 years of Research and Development in high speed technology and fluid dynamics. The company has extensive immaterial rights on the core technology and continue to develop a portfolio of IP protection around the product and its application. The strategy of the Aurelia team from the outset, has been to have a world class product with high reliability and high efficiency achieved with modular components. To this end Aurelia will retain the core expertise and are employing industrial, world-class partners to ensure component scalability and ease of integration into Aurelia’s own technology. Company is financed by the Finnish investors, such as Greencampus Innovations Oy, Capillary Oy and Cleantech Invest Oyj to name a few. Aurelia was one of the first companies in Europe to receive financing from the EU H2020 – program and has also received funding from different financing bodies owned by the local authorities and / or Finnish government.

Moixa Technology

Venture Round in 2018
Moixa develops integrated hardware and GridShare software for renewable energy storage, optimization, and aggregation.

Aibuild

Seed Round in 2017
Aibuild is a software company with locations in London and Silicon Valley, that is transforming the Additive Manufacturing industry on a global scale. We are on a mission to make manufacturing efficient by accelerating the transition towards factories of the future that are cloud-connected, autonomous and primarily additive.

Moixa Technology

Venture Round in 2017
Moixa develops integrated hardware and GridShare software for renewable energy storage, optimization, and aggregation.

ARDN Technology

Venture Round in 2015
ARDN Technology team is developing a universal platform with a high cargo carrying capacity for a global market. This unmanned VTOL platform features separation of lifting and steering rotors as the fundamental aerodynamic principle. The development of SKYF Platform started in 2014. The debut flight of a full-size prototype took place in the spring of 2016. Our Technical Team is heavily involved in the creation of a new mathematical model and the development and implementation of a unique flight control system that is considerably different from flight control systems applicable to quadcopters and other multirotors. As of 2017, over 30 technical experts are engaged in the development of the platform. We run continuous tests and implement ongoing prototype improvements.

iGlass Technology

Seed Round in 2015
iGlass Technology Inc. is an emerging manufacturer of thin flexible transparent electrodes and matching electrochromic materials and devices based on it, with diverse market applications. The Company has created a new category in smart window appliances - “digital blinds” - a transparent, flexible and durable film with digitally tunable light transmittance, which is performing similar but better than your old traditional blinds. Our first product in this category - Wisp® digital blinds - can be easily installed on any existing window as a retrofit solution. It features wireless power and digital sunlight controls which upgrade every window into a smart window connected to your Smart Home or Smart Office for solar protection, visual and thermal comfort, and energy efficiency of the building. Our next products target automotive, rechargeable batteries, and touch screens and displays markets. Our manufacturing and corporate headquarters are located in Irvine, California.

ANF Technology

Series C in 2013
NAFEN™ – Aluminum Oxide Nano fibers have been developed in a pilot manufacturing facility in Tallinn, Estonia since 2011. The product is synthesized by the method of controlled liquid phase oxidation, which ensures a high production rate. The test facility has proven the efficacy of the production process for delivering volumes of high-quality aluminum oxide nano fibers in excess of 0.5 kilograms per hour in a continuous production cycle 24/7, 3 000 kg per year. The production process has been patented, allowing ANF Technology to develop sales channels and research partners without jeopardizing potential market share of the nano fiber market. The production process allows for increases in volume up to 100 times the current production levels, thus eliminating the main roadblock in the nano fiber industry (lack of industrial scale production capacity). NAFEN™ is the revolutionary nanomaterial of the next technological wave for which nanotubes have been preparing the world for over 20 years. Having this industrial technology at hand, numerous NAFEN™- inside solutions will be developed and implemented. NAFEN™ provides a unique combination of properties including controllable diameter of 7 to 40 nm, length of over 150 millimeters, high tensile strength, vast surface area, chemical inertness, stability against radiation, and thermal stability. • fiber diameter is controllable by production parameters, from 7 to 40 nm • individual fiber length up to 150 mm supplied in co-aligned or random structure • bulk density 0.09–3.5 g/cm3 • supplied in dry form or dispersed in water or alcohols
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