Led by Fredrik Debong, bringing operator know-how and deep networks to the table via his successful ventures in diabetes care, fintech, and innovation management.
As a serial entrepreneur and angel investor, his work has impacted millions, and Nineteen Twenty-One is leveraging this experience to invest in and support companies realising life changing solutions in areas related to type 1 diabetes.
Simple.
Make type 1 diabetes and all it carries with it suck less.
How hard can it be!? :P
Invest in life changing early stage companies,
making them part of the T1D-community,
and the community part of the companies.
Be the smartest money in T1D.
Work together.
Invest early, fast and globally.
Be lean and transparent.
No squeezing, be a bud.
You help, you get.
This is a we-thing.
One does not do diabetes alone. One does not help companies on ones own. Our approach to taking on diabetes care challenges, and delivering a return to limited partners, is by working with/in a global network of industry professionals, clinicians, patients, researchers, policymakers, angels, savants, GP's of huge VC funds, bankers, grass root advocates and leaders of global policy organisations. Most of us live with T1D.
We'd be honoured to speak with you, thanks for focusing on our area of passion!
There are a few things to keep in mind, on both our ends, that we hope you understand and mind:
– We invest in companies addressing type 1 diabetes and the stuff that kills us
– It is your company, we are here to help you grow it like crazy
– We buy our way into being able to help you make decisions
– Some stuff is simply waaay out there, we like that
– We do first money in, up to select series A's
– The fund is not huge, our goal is €10M
– We have not yet raised the whole fund, work in progress
– We invest €200k-1.5M, depending on stage
– We do our first checks in companies during 2025-2027, then only follow on
– We must invest 70% of our capital in EU
– Time is short, an intro through shared friends helps.
Let’s skip the hype. Here’s where we stand—no bullshit, no mystery.
We’re in Year 1 of operations, as of March 2025. We’re just getting started—and moving fast.
We invest in companies solving Type 1 Diabetes and the things that kill us—cardiovascular, renal, neurodegenerative, and metabolic disease. We back mission-driven teams building tech-enabled or biology-driven solutions.
Our bar: if your company succeeds, lives are saved—and the market takes notice.
We’re actively raising and deploying. That means available capital changes month to month.
If you’re curious, just ask—we’re transparent. (We may publish a live dashboard down the line.)
FMI/Pre-Seed: Lead with €250k
Seed: We prefer lead with €500K
Pre-A: €250–750K
Series A: We follow with €500K–1.5M
It changes, so not smart to put on a webpage, best to ask directly.
As of June 2024 we have now follow 2 pre-A, led 1 FMI and followed one Seed investment.
We’ve allocated 40% of the fund for follow-ons—so we can double down when things work and save some colleagues if some stupid thing occurs or things late a little longer.
MOIC of 6x on the fund.
Right now MOIC is 2.2x on paper.
It’s still early, so TVPI and DPI metrics will matter more from year 5 onward.
Just two, as of June 2025. We keep board seats focused so we can actually contribute, not just repeat blogpost wisdom.
Depends on fund stage, allocation, and check size.
The best way to know? Ask. We’ll give you a straight answer.
If we love what you’re doing, maybe.
If we set up an SPV, we reserve the right to roll it into our next fund.
Possibly! But let’s meet first. If the chemistry’s right and there’s trust, we love making LPs proud of the founders we back. ❤️
Both! We’re actively raising capital and actively deploying it—into the founders and companies we believe in.
Let’s talk →
If you find this specialist fund focused on T1D looks good, let's meet up.
Before we can go really deep, we also need to make sure that we CAN work together. See we can only invest for accredited, risk aware and sophisticated investors. It's the law.
Investing in making diabetes suck less
1921.vc
Contact/socials
© 2024 Fredrik Debong
Imprint: Nineteen Twenty GmbH | FN 649344 v; Commercial court: Vienna Commercial Court, Austria
Contact:
Nineteen Twenty GmbH | 649344v
1921 Fund I: 1921 I EuVECA GmbH & Co. KG | 644756x
Wasagasse 11 / 9
1090 Vienna
Austria
Court of Jurisdiction: Vienna Commercial Court
Email: fred@1921.vc
Phone: +4369911033609
Website: 1921.vc
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Disclaimer
1921 VC is an EUVECA-registered venture capital fund operating under the European Venture Capital Fund (EUVECA) Regulation (EU) No. 345/2013. The information provided on this website is intended exclusively for professional investors as defined under Directive 2014/65/EU (MiFID II) and other eligible investors who meet the requirements of the EUVECA framework.
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Investment opportunities offered by 1921 VC are not open to the general public and are restricted to:
✅ Professional investors, including institutional investors, family offices, and asset managers
✅ High-net-worth individuals (HNWIs) who commit a minimum of €100,000 and acknowledge the associated risks
✅ Other eligible investors as defined by the EuVECA regulation
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