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 100% year-over-year (4 deals in the last 12 months). Average disclosed round size is $47.5M (across 20 rounds with reported amounts).
Portfolio
24
Fund Size
$57.1M
Top Stage
Series A
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
29 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Tangible | Seed | $4.3M | Feb 2026 |
 Panthalassa | Series B | $140M | Jan 2026 |
 Fuse Energy | Series C | $70M | Dec 2025 |
| HHello Vet | Series A | — | Dec 2025 |
 Stardust Solutions | Unknown | $60M | Oct 2025 |
 Heirloom Carbon Technologies | 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 |
 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 |
| NotCo | Unknown | $85M | Sep 2020 |
| Cowboy | Series B | $26M | Jul 2020 |
 Dendra Systems | Series A | $10M | Jan 2020 |
| DDendra | Series A | $10M | Jan 2020 |
| MMeatable | Seed | $3.5M | Oct 2018 |
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Top Co-Investors
Lowercarbon Capital7 shared
Kaszek3 shared
Exor Ventures3 shared
HCVC3 shared
Index Ventures3 shared
Systemiq Capital3 shared
Tiger Global Management, LLC2 shared
MCJ2 shared
S2G Ventures2 shared
AiiM Partners2 shared
Hatch2 shared
Balderton Capital2 shared
MMC Ventures2 shared
Breakthrough Energy Ventures2 shared
Airbus Ventures2 shared
Wise Capital Partners LLP1 shared
Kibo Ventures1 shared
Nubank1 shared
VentureFriends1 shared
MAYA Capital1 shared
Last updated: 8 September 2026