Berlin-based early-stage deeptech specialist investor Lunar Ventures has appointed Alberto Cresto to the role of General Partner. Cresto is an internal promotion having served as the firm's very first employee and entering as Principal just shy of four years prior.
Recognised earlier this year by Forbes Italy on the prestigious 30 under 30 for venture capital list, Cresto will be based in Italia, and will provide Lunar with a finger on the pulse across Europe hubs including Barcelona and Paris.
During his time with Lunar, Cresto has made 18 pan-European investments with startups hailing from Austria, Belgium, Croatia, France, Germany, The Netherlands, Portugal, Romania, Scotland, Switzerland, Spain, the UK, and that other place on the opposite side of the Atlantic.
“We have validated that deeptech entrepreneurs come from anywhere in Europe. I am confident that Italy, France, and Spain are rising hubs for deeptech,” commented Cresto. “Our vision is now even more compelling than when we started Lunar.”
Having closed its first fund last year, armed with €40 million, Lunar Ventures is targeting European teams working at the intersection of deeptech and software, specifically machine learning, cryptography, devtools, and emerging technologies, offering pre-seed and seed round ticket sizes ranging between €300,000 and €1.5 million.
“Alberto has been an integral part of the Lunar Ventures team from day one, and an invaluable asset to the startups he works with. We’re delighted to promote him to General Partner as we continue to grow our team and double down on supporting the technical founders we back,” concludes Lunar Ventures founding partner Mick Halsband.