Hey Everyone,
It's been a minute. We've been heads down, and we mean that literally. Long nights, a lot of white-boarding, more than a few late-night calls, and one very satisfying moment when the last piece of infrastructure finally clicked into place.
The back-end on Momentum Fund I is done. We're raising this month.
Welcome to Issue #3.
📋 What We've Been Up To
While we've been building the fund infrastructure, we didn't pump the brakes on deploying. We wrapped up two investments this month and officially closed our final SPV before the fund launch. Across roughly eight months and a growing portfolio, we've stayed true to what we set out to do: back founders who are building something real in health, wellness, and human performance.
Here's the latest addition:
🌊 BAWI Agua Fresca
BAWI is doing something deceptively simple, bringing authentic Mexican Agua Fresca to a mainstream market that's been hungry for it and didn't know it yet. Founded by Victor Guardiola, this is a brand with real cultural roots, a category-defining opportunity, and a founder who lives and breathes the product. We're proud to close out our SPV portfolio with a bet like this one. Flavor, story, and timing, BAWI has all three.
🏗️ Momentum Fund I
Here it is. After months of legal, structural, and operational work, our LPA is finalized, our fund admin is in place through ARK, and we will be live on AngelList this month. Which means Momentum Fund I will be open for LP’s soon!
Why "Momentum"? Because the companies we back aren't waiting for permission. They're already moving. Our job is to get behind them early, add real value, and hold on. Health, wellness, and human performance aren't trends, they're infrastructure for how people want to live.
One thing we're especially excited about: our partnership with Augment, a FINRA-registered secondary securities marketplace. If you're not familiar, Augment lets investors buy and sell stakes in private companies before a traditional exit, bringing a layer of liquidity to an asset class that normally has none. Most VC funds can't say that. We can.
We're at a moment where the fund is built, the portfolio is live, and we're ready to scale.
🏀 On the ground with the pros
We got to spend some time with our friend Spencer Jones of the Denver Nuggets this month. For those keeping score at home, Spencer dropped 20 points, 3 blocks, 3 steals, and 4 three-pointers in a must-win Game 5 against the Timberwolves…. a career playoff-high. Proud of that guy. We talked health and wellness, recovery, and where we think sports tech is headed in the next few years. Smart people in elite performance environments see things before the rest of the market does. We're listening. NBA
👀 What We're Watching
Beyond the portfolio, a few spaces have our full attention right now:
LOVB: Women's Volleyball — We can't disclose the specifics of where we are on this one, but we're bullish. Full stop. Women's sports is one of the most undervalued categories in venture right now, the audience is massive, the athletes are elite, and the infrastructure is finally catching up. LOVB Austin won the inaugural championship in their first season, and the league raised $100M and has over 22,000 youth athletes feeding the pipeline. That's not a league. That's an ecosystem.
Sidepiece Snacks — This one's still behind a password for a reason. We're watching closely. If the positioning lives up to the intrigue, this brand has the kind of personality-driven, snackable (pun intended) energy that builds real consumer loyalty. Stay tuned.
Somnee — Sleep is the longevity play nobody talks about loudly enough. Somnee is an AI-powered headband founded by UC Berkeley neuroscientist Dr. Matt Walker that uses EEG to guide the brain into a natural sleep state — no drugs, just personalized neurostimulation. It's already been validated with NBA teams through the league's Launchpad program, and clinical results show it outperforms melatonin by four times and Ambien by one and a half times. Performance recovery starts with sleep. We think this is a big one.
📬 Whath and wellness market. No fluff, no filler — just signal.
📬 What's Next
Every month you'll get a look at what we're closing, who we're backing, and what's on our radar. No jargon, no fluff, just honest updates from a team that's deep in the work. Fund I fundraising kicks off this month, and we have some genuinely fun ideas for how we're bringing people along for the ride.
Building something worth building means actually having fun with it. We are. See you next month.
— The Other Health Ventures Team
