The San Francisco studio has $176 million in committed capital, a $200 million exit and a contrarian wager: in enterprise AI, the useful plumbing may matter more than the flashy model.
First Move is a founder-led early-stage venture capital firm backing founders across Southeast Asia, often writing the first cheque before there is a pitch deck. Founded in 2023 by former Fave executives Joel Neoh and Audra Pakalnyte, it uses YC-style SAFEs to fund pre-seed startups - increasingly AI-native ones - across consumer, health, and technology, and pairs its capital with a Consumer Tech Angel Syndicate of operators who co-invest and advise.