System.One, a pre-seed venture capital fund with a global mindset and reach, has launched in Berlin, Germany with €8.2m in commitments.
Launched by Maximilian Claussen, who runs the firm as single-GP, System.One aims “to invest in exceptional founders who combine early technical ideas with a bold mission and major potential impact“.
The fund will back founders on their mission to deliver early ideas, innovative projects and prototypes into proud first products, this meaning providing initial capital ranging from €100k to €300k in rounds totalling less than €500k in the case of syndicated financings.
Claussen, who has worked at Earlybird, LEK, Goldman Sachs and Lazard, introduced the thesis of the fund in a post on Medium (read here).
FinSMEs
28/10/2016