PJ

Philip Jungen

LPAC at FIRSTPICK

Philip Jungen is a Venture Partner at ScaleX Ventures and holds LPAC positions at FIRSTPICK, Change Ventures, and Calm/Storm. Philip also serves as Chairman of the Board and Chairman of the Audit Committee at Pensionskasse vom Deutschen Roten Kreuz VVaG. Additionally, Philip is the Managing Director at Calchas Holding and a Fellow at Kauffman Fellows. Jungen is also part of The World Bank's Panel of Judges for the BARTA project, aimed at improving Financial Inclusion and Accountability in Georgia.

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FIRSTPICK

FIRSTPICK is a high-speed VC fund and an accelerator for tech startups in the Baltics. We are investing in Fintech, SaaS, Deeptech and Consumer marketplaces, but are not limited to those. Our initial ticket is €50-€250K, but we can invest up to €1M into a single company through follow-on rounds. Idea stage startups can use our equity free grants to get started. Founders access our bulletproof combo of investment and know-how through our pre-acceleration and acceleration programs. While founders train for the marathon, we are like coaches running by their side and supporting them from the idea to the growth stage. Our portfolio startups receive a precious early market access, impactful partnerships, and deep expertise of the early stage. Our capital consists of funds from private investors, the founding team, and an investment from the Lithuanian state-financed INVEGA fund, which is part of the Accelerator 2 program, funded by the Innovation Promotion Fund.


Headquarters

Vilnius, Lithuania

Employees

1-10

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