Future Positive Capital is a Paris-based European venture capital firm investing in deep-tech startups that apply advanced technologies—such as AI, robotics, synthetic biology, and environmental technologies—to solve pressing global challenges. Founded by Sofia Hmich, the firm invests at the seed and Series A stages across Europe.
31% of their portfolio is in Climate & Energy. Deal activity increased 150% year-over-year (5 deals in the last 12 months). Average disclosed round size is $51.0M (across 25 rounds with reported amounts).
Portfolio
26
Fund Size
$57.1M
Top Stage
Seed
Last 12 Mo
5
Team
AT
Alexandre Terrien
General Partner
MR
Michael Rosen
General Partner
SH
Sofia Hmich
Founder
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
36 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Panthalassa | Series B | $140M | May 2026 |
 Tangible | Seed | $4.3M | Feb 2026 |
| Panthalassa | Series B | $140M | Jan 2026 |
 Tangible Finance | Seed | $4.3M | Jan 2026 |
 Fuse Energy | Series C | $70M | Dec 2025 |
| HHello Vet | Series A | — | Dec 2025 |
 Stardust Solutions | Seed | $60M | Oct 2025 |
 Heirloom | Series B | — | Dec 2024 |
| Tangible | Seed | — | Nov 2024 |
 SWEETCH ENERGY | Series A | — | Dec 2023 |
 VerSe | Seed | $5.8M | Jul 2023 |
 Aerones | Growth | $30M | Jan 2023 |
 Kranus Health | Series A | $15M | Jan 2023 |
| HHello Vet | Seed | — | Jan 2023 |
 Circulor | Series B | $25M | Jun 2022 |
 Pachama | Series B | $55M | May 2022 |
| Aerones | Seed | $9M | Apr 2022 |
 Brilliant Planet | Series A | $12M | Apr 2022 |
 Cowboy | Series C | $80M | Jan 2022 |
 Clue | Series A | — | Dec 2021 |
 NotCo | Series D | $235M | Jul 2021 |
 Belvo | Series A | $43M | Jun 2021 |
 Nifty | Pre-Seed | — | Mar 2021 |
| SWEETCH ENERGY | Unknown | — | Jan 2021 |
| DDendra | Series B | $15.8M | Sep 2020 |
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Top Co-Investors
Lowercarbon Capital11 shared
Systemiq Capital6 shared
Airbus Ventures4 shared
Kaszek3 shared
Exor Ventures3 shared
HCVC3 shared
Index Ventures3 shared
MCJ3 shared
MMC Ventures3 shared
Breakthrough Energy Ventures3 shared
Tiger Global Management, LLC2 shared
S2G Ventures2 shared
AiiM Partners2 shared
Hatch2 shared
Balderton Capital2 shared
Endeavor2 shared
Y Combinator2 shared
Japan Airlines2 shared
Siemens Financial Services2 shared
Carbon Direct Capital2 shared
Last updated: 20 October 2026