Patric Hellermann positions himself as the first investor in Project Economy founders who are rebuilding the world's physical backbone through construction, infrastructure, logistics, and housing rather than generic software. He encourages founders to be unusually transparent about what is not yet working in their business before fundraising, arguing that sophisticated sector investors can better help when founders openly share problems and operational challenges rather than only polished metrics.
About their Fund
Sectors
Proptech, Logistics, Marketplaces, Climate, SaaS
Rounds
Pre-Seed - Series A
Avg Check Size
$500k - $5 million.
Notable Investments
Foundamental is the only global early-stage fund dedicated solely to AECS (Architecture, Engineering, Construction, Supply chain) tech, treating construction and its adjacent markets as one integrated real-world system rather than generic construction tech. The fund caps its size around $80-90M to maintain concentrated, high-ownership positions (20-25%) in a small number of companies, with partners embedded across continents to capture local adoption cycles and back continental winners early.
Other partners at the fund
Notable Fund
Investments
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