USA VC Funds

MTN Group is a leading telecommunications company based in Johannesburg, South Africa. The company has a strong presence across Africa and the Middle East, serving over 289 million subscribers. MTN Group's investment arm has made notable investments in sectors such as telecom infrastructure, renewable energy technology, and horizontal e-commerce. Key investments include companies like Fenix International, a renewable energy company acquired by ENGIE, and Jumia, a leading e-commerce platform in Africa. Another significant investment is in IHS Towers, one of the largest independent owners, operators, and developers of shared telecommunications infrastructure. MTN Group has committed substantial funds towards infrastructure projects to enhance its service delivery. For instance, it pledged $215 million for infrastructure investment in Benin over three years, focusing on building a state-of-the-art office for MTN Benin and expanding digital solutions across the region. Financially, MTN Group has reported strong performance with a 23.4% return on equity and a 10% increase in dividends to 330 cents per share. The group's strategic focus includes expanding its fintech ecosystem, investing in network infrastructure, and promoting digital inclusion across its markets.

Movens Capital is a Warsaw-based venture capital firm that primarily invests in early-stage and growth companies across Poland and Central Eastern Europe (CEE). Established in 2018, the firm manages two main funds: Movens Venture Capital, which focuses on seed and Series A investments in high-growth technology companies, and Movens Growth Equity, aimed at providing equity capital to scale up digital and consumer-focused small-to-medium enterprises (SMEs). Their investment range typically spans from €2 million to €6 million. Movens Capital specializes in sectors like fintech, SaaS, deep tech, marketplaces, medtech, and e-commerce support. They have a strong track record of supporting startups such as Vue Storefront, Sky Engine AI, and Doctor.One. These investments demonstrate their focus on innovative solutions with global scalability, especially those looking to expand into the U.S. and European markets. The firm is led by partners Artur Banach, Michał Olszewski, and Łukasz Pawłowski, who bring decades of entrepreneurial and investment expertise. They are known for their hands-on support in scaling businesses, providing not only capital but also strategic guidance through initiatives like the Movens Academy and Movens Advisory. These programs offer crucial assistance in areas like pricing strategy, HR, and international expansion to help portfolio companies achieve sustainable growth.

Moving Capital, now known as Karman Ventures, is a venture capital firm founded by Uber alumni to support startups with innovative solutions. The firm has made notable investments across various sectors, including aerospace, artificial intelligence, retail technology, and green technology. Noteworthy investments by Karman Ventures include Whisper Aero, a company focusing on aerospace and green technology; Luca, which specializes in AI-driven retail technology; and Regent, which develops electric vehicles for marine transportation. Other significant investments are in companies like Gigs, focusing on mobile applications, and Kasa Living, a hospitality tech company. Karman Ventures is based in Austin, Texas, and has a strong network of co-investors, including prominent firms like Y Combinator, Menlo Ventures, and LaunchTN. Their investment strategy typically involves supporting companies from seed to growth stages, emphasizing scalable and transformative technologies.

Moxxie Ventures is a venture capital firm founded in 2019 by Katie Jacobs Stanton, a former Twitter executive and co-founder of the #ANGELS investment collective. The firm is based in Mountain View, California, with a secondary office in Boulder, Colorado. Moxxie Ventures focuses on early-stage investments, particularly in consumer, enterprise, fintech, healthtech, and climate sectors. Moxxie Ventures recently closed its second fund at $85 million, a significant increase from its inaugural $25 million fund. The firm typically writes checks ranging from $250,000 to $500,000 and aims to make 10 to 12 investments per year, reserving half of the fund for follow-on investments. Notable investors backing Moxxie Ventures include Bain Capital Ventures, Bloomberg Beta, Foundry Group, and individual investors such as Marc Andreessen, Susan Wojcicki, and Jerry Yang. The firm prides itself on bringing a combination of capital, operating experience, and a strong network to its portfolio companies. Stanton and her team leverage their extensive backgrounds in product, engineering, marketing, and business development to support founders in scaling their businesses. Moxxie Ventures is committed to partnering with founders who are passionate about making life and work better through innovative solutions. Some of their notable investments include companies like Elpha, Carta, and Clubhouse. The firm continues to build on its mission to support founders with not just funding but also strategic guidance and connections to a broad network of industry experts and leaders.

MPM Capital, founded in 1997, is a leading venture capital firm based in Boston and San Francisco, specializing in biotechnology and life sciences investments. The firm has a robust portfolio, having invested in over 150 companies, including notable names like 23andMe, ReNAgade Therapeutics, and Argenx. MPM Capital's focus is on transforming innovative scientific discoveries into breakthrough medicines, particularly in oncology and other high-need therapeutic areas​. MPM Capital recently raised $850 million for its second Oncology Impact Fund, marking it as one of the largest biotech impact investment funds globally. This fund emphasizes investments in companies developing novel cancer therapies, reflecting MPM's deep commitment to addressing significant medical challenges. The firm's team includes seasoned professionals with extensive experience in research, drug development, and corporate strategy. Key team members like Dr. Luke Evnin and Dr. Ansbert Gadicke bring invaluable expertise to the firm, guiding its strategic investments and supporting portfolio companies through various growth stages​ .

MState Capital is a venture capital firm dedicated to early-stage investments in B2B SaaS companies. They focus on fostering technological advancements and supporting startups that aim to disrupt traditional business practices. Notable investments by MState Capital include companies such as HashiCorp, which went public in December 2021, and Affirm, which also completed its IPO in January 2021. Other significant investments include Monte Carlo, a data reliability platform, and Homebase, an all-in-one HR management tool for small businesses. MState Capital operates with a hands-on approach, providing strategic support and guidance to their portfolio companies. This includes assistance in building executive teams, refining business strategies, and facilitating connections with potential partners and customers. Their investment strategy emphasizes partnering with startups at the pre-seed and seed stages, and they often lead investment rounds, ensuring active involvement in the growth and development of their portfolio companies​. The firm is led by a team of experienced investors and entrepreneurs who bring a wealth of knowledge and industry insights to the table. Their commitment to long-term partnerships and founder alignment is a cornerstone of their investment philosophy, making them a valuable ally for startups looking to scale and succeed in competitive markets​.

mTerra Ventures is a Boston-based early-stage venture capital firm founded in 2007 with its principal office at 53 State Street. The firm's investment thesis focuses on catalyzing the development of a sustainable global economy by backing companies in environmental services, alternative energy, agriculture, and hardware. mTerra typically participates in fewer than two deals per year with check sizes in the $1 million to $5 million range, preferring to join rounds alongside co-investors such as Village Capital, VilCap Investments, and Elevate Ventures. Portfolio companies are predominantly US-based. Notable portfolio companies include Captura, a direct-air-carbon-capture and environmental-services company that raised a $21 million early-stage round associated with January 2024 activity; Natel Energy, an alternative energy equipment company; and Spensa Technologies, an agriculture-focused company that represents one of the fund's most successful exits. The firm's peak activity was in 2015, with a higher volume of exits recorded in 2018. MTerra Ventures appears largely dormant in recent years, with the public website showing a placeholder and very few new deals on record. The firm's focus on sustainability, clean energy, and ag-tech positioned it ahead of broader market interest in climate investing, though the limited scale and pace of deployment constrained the portfolio's overall breadth.

MTG Ventures is the dedicated venture capital fund of Modern Times Group MTG AB (Nasdaq Stockholm: MTG.B), a Swedish digital entertainment company headquartered in Stockholm. Since its operational scaling in 2020, MTG Ventures has committed approximately SEK 396 million (roughly USD 40 million) across more than 26 early-stage investments in gaming, esports, and interactive entertainment startups, primarily in the United States and Europe. The fund takes non-controlling minority stakes in high-potential companies, focusing on startup game developers, massively multiplayer online games, and the platforms and tooling that serve them. MTG originally launched the vehicle as a $30 million gaming investment fund and announced USD 11 million in gaming and esports investments in the first half of 2019 alone. Average check sizes run $500,000 to $3 million at seed and Series A. Portfolio companies include Blitz, an esports learning app for League of Legends, Overwatch, and CS:GO; Tonk Tonk Games based in Austin; BITKRAFT Esports Ventures; Runtime, a performance nutrition company for gamers; Sviper, a mobile games studio in Hamburg; and Phoenix Labs, the creator of AAA action RPG Dauntless. MTG's parent portfolio includes InnoGames, Hutch, Ninja Kiwi, Snowprint, and PlaySimple across its Midcore and Casual gaming districts, providing MTG Ventures' portfolio companies with commercial and operational relationships across the global games industry. At Capital Markets Day 2025, MTG announced continued gaming sector expansion synergies, particularly in mobile and midcore games, signaling that MTG Ventures remains an active strategic tool for the parent company's growth agenda.

Mu Ventures (stylized as mu ventures) is a New York-based pre-seed and seed-stage venture capital firm founded in 2022 by General Partner Gary Benerofe, a former Lehman Brothers investment banker with more than 20 years of investing experience. The firm's thesis is to reduce friction in how commerce transactions happen — to 'lower the mu' — investing in commerce infrastructure, vertical software and AI, marketplaces, and consumer brands and applications. The firm deliberately avoids deep tech and biotech. First checks run $200,000 to $500,000, with 25% of the fund reserved for follow-ons and a broader range of up to $5 million when opportunity warrants. Anchor LPs include the Managing Partner of L Catterton, the former Shopify CMO, the former Shutterstock CMO, a General Partner of Flex Capital, the CEO of Pipedream, and the founder of BrightRoll, which sold to Yahoo! for $640 million. As of November 2025 Mu has 17 active portfolio companies and invests before and alongside top-tier funds including Forerunner, Bessemer, Lightspeed, a16z, Accel, FirstMark, Redpoint, and Y Combinator. Named portfolio companies include Balance, Alloy Automation, TAIV (video commerce), Firmly (AI for real estate), RepRally (wholesale), Mayple (cross-border commerce), Buncha (neighborhood delivery), Nilus (cash management), Sunbound (senior-living payments), Ingest (restaurant data), ChatLabs ($3.2 million seed in December 2024), Kingpin ($3.5 million seed in November 2025), and Consio (invested January 2026). Mu Ventures' LP roster of commerce operators gives portfolio founders direct access to a network of customer, distribution, and co-investor relationships that are difficult to assemble through traditional institutional fund channels.

Mubadala Capital’s Ventures platform stands out as a leading global investor, blending the strengths of Mubadala Investment Company with the agility of a venture capital firm. Focused on technology and healthcare sectors, Mubadala has made over 75 investments, including notable startups like Chroma Medicine, Recursion Pharmaceuticals, and Exscientia. Their strategy revolves around partnering with visionary founders to build enduring companies, leveraging Mubadala’s extensive resources and global scale. Geographically, Mubadala Ventures operates with a significant presence in technology hubs such as San Francisco, London, and Abu Dhabi, ensuring deep integration into the global innovation ecosystem. They emphasize Series A+ investments in the U.S. and Series B+ in Europe, providing substantial capital and strategic support to their portfolio companies. Mubadala's investment strategy is marked by a focus on capital preservation and downside protection, ensuring sustainable growth and returns. The fund typically invests in founder-led companies, with average check sizes tailored to the needs of each growth stage. They are known for their disciplined approach to evaluating opportunities, benefiting from Mubadala's broad network and sovereign backing. The team at Mubadala Ventures includes industry veterans like Ibrahim Ajami, Head of Ventures, and Alaa Halawa, Co-Head of US Ventures. Their expertise spans various sectors and geographies, further strengthening Mubadala’s investment acumen. Startups looking to engage with Mubadala are advised to highlight their alignment with Mubadala’s strategic focus and demonstrate robust business models that can benefit from Mubadala’s vast resources and network.

Mucker Capital, founded in 2012 and headquartered in Los Angeles, is a venture capital firm that invests in seed and early-stage startups across the United States, Canada, and beyond. With additional offices in Austin and Toronto, Mucker Capital focuses on internet-enabled software and services, aiming to support startups outside the traditional Silicon Valley ecosystem. The firm believes that great companies can be built anywhere and provides tactical help, networking opportunities, and a bridge to Silicon Valley resources. Notable portfolio companies include Honey, acquired by PayPal; Surf Air, which went public on NASDAQ; and ServiceTitan, a business management software for home service providers. Mucker Capital has also backed companies like The Black Tux, ServiceTitan, and BloomNation. MuckerLab, their pre-seed accelerator, is highly regarded and ranked second in the U.S. by the Seed Accelerator Rankings Project based on valuations, exits, fundraising, survival, and founder satisfaction. Mucker Capital's approach includes rolling up their sleeves to work alongside entrepreneurs on product development, marketing, sales, recruiting, and other critical areas to help startups succeed. The firm has launched multiple funds, including Mucker III, a $45 million seed-stage fund, and continues to support the growth and scaling of innovative startups.

Multicoin Capital, founded in 2017 and based in Austin, Texas, is a venture capital firm specializing in cryptocurrencies, tokens, and blockchain companies. They manage a portfolio that includes both liquid crypto assets and private equity investments, supporting projects from the seed stage through multiple investment rounds across private and public markets. Notable investments in Multicoin's portfolio include Solana, a high-performance blockchain supporting builders around the world, and The Graph, a decentralized protocol for indexing and querying data from blockchains. Other significant investments are Helium, which aims to create a decentralized wireless network, and Audius, a decentralized music streaming protocol. Multicoin Capital is recognized for its thesis-driven approach, making long-term, high-conviction investments in category-defining companies and protocols. Their strategy focuses on projects that push the boundaries of computer science and technology, particularly those involving trust-minimized computation and infrastructure, as well as consumer and enterprise applications. The firm has achieved successful exits, including Bakkt Holdings through a reverse merger, and the acquisition of Staked. Their team, led by managing partners Kyle Samani and Tushar Jain, combines deep expertise in the crypto and blockchain sectors with a strong network of co-investors, including Coinbase Ventures and Solana Ventures. Multicoin Capital's recent investments include Mountain Protocol and Superfluid, emphasizing their continued commitment to supporting innovative financial services and software solutions in the crypto space.

Munich Re, founded in 1880, is one of the world's leading providers of reinsurance, primary insurance, and risk management solutions. Headquartered in Munich, Germany, the company operates globally, offering comprehensive risk assessment and financial protection across a wide range of sectors. Munich Re has consistently ranked at the top of the global reinsurance industry, thanks to its robust risk management practices, financial stability, and innovative approach to emerging risks. The company’s strategy, known as Ambition 2025, focuses on three core pillars: Scale, Shape, and Succeed. This strategy aims to enhance Munich Re's core business, develop new digital and innovative business models, and deliver added value to shareholders, clients, employees, and communities. The company is particularly focused on expanding its reinsurance operations, modernizing IT infrastructure, and pushing the boundaries of digital solutions, including cybersecurity and the Internet of Things (IoT). In terms of financial performance, Munich Re reported a consolidated result of €4.6 billion for 2023, with a solvency ratio of 267%, reflecting its financial strength and stability. The company is also committed to sustainability, setting ambitious goals to decarbonize its operations and investment portfolio, with the aim of achieving net-zero emissions by 2050. Munich Re’s global presence is supported by over 42,800 employees across more than 50 countries, making it a critical player in managing complex and extraordinary risks worldwide​.

Muse Capital is an early-stage venture capital fund based in Los Angeles, California, focused on investing in consumer-facing startups. Founded in 2016, the firm aims to bridge the gap between Silicon Valley, the entertainment industry, and the corporate sector, providing strategic capital and partnership-based business development. Muse Capital has a diverse portfolio that includes companies like CoFertility, Beekeeper's Naturals, Cloud Paper, and Firefly, all of which are pushing boundaries in telehealth, education, motherhood, gaming, and underserved markets. The firm is led by Assia Grazioli-Venier and Rachel Springate, who leverage their extensive networks in the entertainment and corporate worlds to support their portfolio companies. Muse Capital typically invests in seed-stage rounds, providing both financial backing and strategic guidance to help startups grow and succeed. Muse Capital is particularly known for its active involvement in the companies it invests in, offering tactical insights and connections to key industry players. This hands-on approach has made Muse a valuable partner for entrepreneurs looking to disrupt and innovate within the consumer sector. For startups looking to engage with Muse Capital, demonstrating a clear vision for consumer impact and leveraging the firm’s entertainment and corporate connections can be crucial.

Musa Ventures is a cutting-edge platform dedicated to improving the funding readiness of startups and small to medium businesses (SMBs). They leverage advanced analytics, artificial intelligence, and machine learning to deliver comprehensive venture health assessments. This holistic approach goes beyond financial metrics, providing founders with detailed insights into their ventures' strengths and areas needing improvement. The platform offers intelligent venture health dashboards that give real-time feedback and actionable recommendations. These dashboards are designed to help founders understand strategic gaps and enhance their appeal to potential funders. By offering objective feedback and insights from experienced advisors, Musa Ventures aims to make the fundraising process more transparent and accessible. Musa Ventures also employs proprietary assessment tools developed from over 30 years of global experience and research into ventures and SMBs. These tools analyze data from more than 20,000 ventures and involve input from over 600 funding firms, ensuring a robust and reliable evaluation process. In addition to assessments, Musa Ventures uses algorithmic matching to connect funding-ready ventures with suitable funders or partners. This approach helps streamline the funding process, making it easier for businesses to secure the right type of funding from the right sources. Musa Ventures thus plays a pivotal role in fostering a symbiotic relationship between startups and financial backers, ultimately contributing to healthier and more successful business ventures.

MVM Partners, founded in 1997, is a global venture capital firm focused on high-growth healthcare investments. With offices in Boston and London, MVM invests broadly across sectors including medical technology, pharmaceuticals, diagnostics, digital health, and other healthcare-related fields. Their portfolio includes notable companies such as SkyCell, which developed patented temperature-control technology for safely transporting vaccines and biotech drugs, and Ossio, which created OSSIOfiber Intelligent Bone Regeneration Technology—a novel orthopedic fixation material that integrates into native bone and avoids the need for permanent metal implants. MVM also invested in MDxHealth, a company specializing in molecular diagnostics for urologic cancers, which enhances personalized cancer diagnosis and treatment. MVM's investment strategy emphasizes significant minority stakes in innovative companies, providing both financial support and strategic guidance to help these companies grow and scale. Their approach involves close collaboration with management teams to drive business development and market expansion. MVM's recent investments include companies like eXmoor Pharma, which focuses on cell and gene therapy services, and Nalu Medical, which develops minimally invasive solutions for chronic pain management. These investments reflect MVM's commitment to supporting advancements in medical technology and improving patient outcomes globally.

My Climate Journey Collective (MCJ Collective) is a venture capital firm dedicated to investing in innovative climate solutions. Founded to drive significant impact in combating climate change, MCJ Collective supports early-stage startups across a range of sectors including renewable energy, mobility, food systems, and sustainable infrastructure. MCJ Collective's portfolio includes notable companies such as BlocPower, which focuses on clean energy and smart city solutions, and Arcadia, a technology company democratizing access to clean energy. They have also invested in Enode, a developer of APIs for information services, and Hoxton Farms, a biotechnology company working on sustainable food solutions. The firm is known for its broad investment strategy, backing startups that aim to mitigate climate change and improve environmental sustainability. They have a strong focus on sectors like renewable energy, electrification, carbon management, and the built environment. MCJ Collective emphasizes the importance of technological innovation in addressing climate challenges, supporting companies that leverage AI, data centers, and other advanced technologies. The team at MCJ Collective includes experienced professionals with a deep understanding of climate issues and investment strategies, ensuring that they provide not only capital but also strategic guidance to their portfolio companies. For more detailed information, you can explore their portfolio and insights on their official.

Myelin VC is a venture capital firm founded in 2019 with operations across Madrid, Spain, Montevideo, Uruguay, and Buenos Aires, Argentina. The fund's name references the myelin sheath that accelerates neural signals, and its mission centers on backing startups whose ideas reshape how people think, collaborate, and solve problems at scale. Myelin is a $50 million fund that takes an industry-agnostic approach to early-stage technology, writing checks of $250,000 to $1 million from seed through Series A. The team is led by General Partners Matias Nisenson (blockchain gaming and DeFi background), Martin Varsavsky (telecom and fertility entrepreneur), Cesar Levene, and Non-Executive General Partner Alec Oxenford (founder of OLX), with Investment Partner Federico Jack also involved in deal execution. As of November 2024 Myelin had invested in 42 companies spanning healthtech, biotech, food and beverage, SaaS, fintech, AI, and web3. Notable portfolio companies include CookUnity, a rapidly scaling food-tech platform; Daye, a women's health company founded by Valentina Milanova; Aura Biosciences, founded by Elisabeth de Los Pinos (an exit); Buenbit, a fintech founded by Federico Ogue; Pipedream Labs ($13 million round in 2024 alongside Starship Ventures and Cortado Ventures); NUE Life Health (an exit); Nodal ($4 million seed extension, November 2024); Throne (gut-health AI, May 2025); and Midas Software (most recent investment, March 2026). Three companies have exited to date. Myelin's tri-city presence across Madrid, Montevideo, and Buenos Aires anchors it as a genuinely transatlantic fund, with the ability to source from Spain's growing startup ecosystem and Latin America's deep pool of technical and commercial talent simultaneously.

NAB Ventures is the corporate venture capital arm of National Australia Bank (NAB), founded in 2015 and based in Melbourne, with a representative office in Sydney. The fund operates as a global initiative supporting entrepreneurs in Australia and internationally, with a core mandate to back innovative technologies addressing themes central to NAB's strategic priorities — trust, security, identity management, data analytics, payments, and mobile platforms. NAB initially committed $50 million to the fund before doubling the allocation, bringing total committed capital to approximately $100 million. The fund is led by Managing Director Todd Forest and General Partner Melissa Widner, a team with two decades of combined technology company experience across Australia and the United States. NAB Ventures invests across seed, Series A, and Series B rounds, writing checks typically between $1 million and $10 million, with a focus on fintech, data and analytics, SaaS, and security. The fund has made 48 investments and achieved 12 portfolio exits. Notable portfolio companies include Basiq, an open-banking and financial-data aggregation API platform whose Series A was co-led with Salesforce Ventures and Westpac's Reinventure fund; Data Republic, which raised a $10.5 million corporate round with NAB as a participant; Spriggy, a kids financial management app; Zodia Custody, a crypto-custody platform; and DataMesh Group. The fund is also known for executing one of the fastest investment processes in Australian venture, taking companies from signed term sheet to close in as little as four weeks. NAB Ventures functions as a strategic partner as well as a financial investor, drawing on the parent bank's capabilities in customer insights, security infrastructure, and SME relationships to accelerate portfolio companies. The fund's geographic focus spans Australia, New Zealand, and the United States, positioning it at the intersection of the Australian fintech ecosystem and global capital markets.

Naples Technology Ventures (NTV) is a Naples, Florida-based early-stage venture capital firm founded in 2018 by co-founders and Managing Partners Brij Sharma and Mike Abbaei. Sharma brings more than 25 years of entrepreneurial and investor experience spanning the US, India, and the GCC region, and the firm is rounded out by Chief Investment Officer Neeraj Vohra. NTV selectively backs early-stage B2B SaaS companies in fintech, insurtech, healthtech, and regtech — sectors characterised by dated legacy infrastructure and manual processes that are ripe for transformation through AI, machine learning, blockchain, IoT, and robotics. NTV's investment thesis emphasises stability, profitable growth, and sustainable value creation rather than blitzscale. The firm has closed one fund (NTV Fund I, which invested in 12 companies) and is actively raising the NTV Frontier Fund, which has surpassed $30 million en route to a $50 million close. Across 44 total investments, NTV has built a portfolio of 31 active companies. Representative names include Acium, a multi-browser security platform; Agrisource Data, an AI-driven data integration tool for agriculture; AllDigital Specialty, an insurtech platform using blockchain and AI; Zenapse, which raised an $8 million seed round in March 2024 alongside BaseCamp Ventures; and Iris, which raised a $3 million seed in February 2025 with Florida Funders. A notable exit is Lucy, acquired by Capacity in October 2024. NTV's philosophy centres on backing companies that achieve optimization and efficiency in large industries, providing founders with capital alongside strategic guidance on product, go-to-market, and operations. The firm's Florida base, paired with its global network, positions NTV as an active supporter of founders outside traditional venture hubs.

Narra Venture Capital (NarraVC) is one of the Philippines' earliest venture capital firms, founded in January 2002 and headquartered in Muntinlupa City, Metro Manila. The firm invests in private high-technology companies with the potential for accelerated growth, targeting teams with defensible competitive barriers rooted in cutting-edge technology or efficient deployment across software services, electronic manufacturing, design services, and information systems built for developing markets. NarraVC is led by Founding Managing Partner Paco Sandejas, PhD, who earned his doctorate and master's degree in Electrical Engineering from Stanford University and was the first summa cum laude graduate in Applied Physics from the University of the Philippines. NarraVC manages two funds — Narra Fund I (2002) and Narra Fund II (March 2007). The Fund II limited partner base includes prominent anchors: Dado Banatao, Managing Partner of TallwoodVC, who was also a founding LP; Ayala Corporation, one of the Philippines' most respected conglomerates; First Philippine Holdings; and the Lhuillier Group. The firm has made 14 investments across Southeast Asia and the United States, writing seed and Series A checks typically between $500,000 and $3 million. Notable portfolio companies include Stratpoint Technologies, a business and productivity software firm that received a follow-on investment in October 2022; Phunware, a mobile platform company; and FlySpaces, an online marketplace for flexible office and event space. NarraVC targets companies that benefit from synergy with advanced technology players and sees the Philippines and broader Asia as fertile ground for defensible technology businesses. The team, which also includes Vice President and Principal Ernie Tarroza, maintains close relationships with its portfolio through hands-on advisory support.

Narwhal Ventures is a crypto-first family office and venture capital firm founded in 2018 and based in Louisville, Kentucky. Led by Managing Partner Josh Rosenthal, PhD, and Partner Melanie Rosenthal, the firm operates under the tagline 'After Different Unicorns' — a reflection of its conviction that decentralized technology will reshape financial services, agriculture, wireless infrastructure, and consumer applications in ways traditional venture rarely anticipates. Narwhal backs decentralized protocols, blockchain infrastructure, and physical-infrastructure networks (DePIN), viewing decentralization as a structural response to geopolitical, economic, and sociodemographic shifts. The firm writes pre-seed and seed checks ranging from $100,000 to $1 million, deploying from a concentrated portfolio of approximately 5 disclosed investments. Notable positions include BAXUS, a blockchain-based protocol for authenticating and tokenizing luxury spirits and wines to combat counterfeiting; GreenField Incorporated, which fields an AI-powered robotic fleet to replace chemical inputs in agriculture and onboard farmers to regenerative, carbon-negative practices; Solana, a high-throughput blockchain infrastructure protocol; and Nova Labs, the decentralized wireless network operator behind Helium. This portfolio reflects Narwhal's expansive definition of DePIN — spanning financial services, telecommunications, and agricultural technology. Beyond deploying capital, Narwhal actively builds community within the crypto ecosystem by sponsoring hacker houses in Miami and Chicago, providing founders and developers with space, networks, and momentum. The firm operates as a lean family office, which allows it to move quickly at the earliest stages without the constraints of institutional fund timelines.

Nasdaq Ventures is the principal strategic and technology venture investment arm of Nasdaq, Inc., founded in 2017 and headquartered in New York City. The program's mandate is to identify and collaborate with companies developing technologies, services, and solutions that align with Nasdaq's clients' needs and the exchange operator's long-term objectives across global capital markets. Investment themes span market infrastructure, data and analytics, anti-financial crime, digital assets and blockchain, AI and machine learning, ESG, and enabling technologies. The fund writes minority-stake checks typically between $1 million and $10 million, investing from seed through late stage. The team is led by Senior Vice President and Head of Nasdaq Ventures Gary Offner, a 30-plus-year private-capital investor who previously served as a Managing Director at Morgan Stanley running Principal Strategic Investments globally for the Institutional Equity Division. He is joined by Vice President Ben Blueweiss, a former eight-year Bloomberg LP veteran, and Principal Yordanka Ilieva. Nasdaq Ventures has made approximately 30 investments. Notable portfolio companies include Juniper Square, which powers 40,000-plus funds, 650,000 LP accounts, and $1 trillion in LP capital, and received a strategic investment as part of its Series D-III in September 2025; Puro.earth, a carbon-removal marketplace; Dasseti, an investor due-diligence platform; Kuberno, an entity-governance solution; Matter, a sustainability reporting platform; and Sporttrade, a sports-event exchange modeled on financial markets. Nasdaq Ventures operates as a collaborative partner rather than a passive LP, offering portfolio companies direct access to Nasdaq's client relationships, regulatory expertise, and global exchange infrastructure. The fund's geographic focus spans the United States and Europe.

Naspers, based in Cape Town, South Africa, is a global consumer internet group and one of the world's largest technology investors. Its diverse portfolio spans over 100 markets, with significant investments in sectors such as e-commerce, fintech, food delivery, and education technology. Key investments include leading companies like Tencent, Delivery Hero, and Udemy. Naspers has also backed innovative startups such as ElasticRun, a B2B platform, and Immutable, a blockchain infrastructure provider. Their strategy involves identifying high-growth opportunities and leveraging their extensive global network to drive value and scale. Naspers operates through its investment arm, Prosus, and maintains a dual listing on the Johannesburg Stock Exchange and Amsterdam's Euronext. Recently, Fabricio Bloisi, formerly head of iFood, was appointed CEO, succeeding Bob van Dijk. The company is known for its active role in nurturing startups, with notable exits like Zomato and Remitly. For startups, Naspers is a strategic partner, offering not just capital but also operational support to accelerate growth and achieve market leadership. Approaching them typically involves highlighting potential synergies with their existing portfolio and demonstrating robust growth potential​.

Nation 1 VC, now branded as N1, is an early-stage venture capital firm founded in 2019 and headquartered in Prague, Czech Republic, with a registered presence in Luxembourg. The firm positions itself as a 'Day 0' investor — the first choice as a first investor and partner — backing AI and healthtech founders primarily across Europe and the United States. N1 is led by founding Managing Partners Marek Moravec and Jaroslav Trojan, alongside partner Petra W. Konceli kova, and manages approximately $60 million across two funds: an original Nation 1 Fund of EUR 35.1 million and a successor vehicle currently being deployed. N1 writes checks from EUR 20,000 to EUR 1.5 million per company as a minority investor at pre-seed and seed stages, and has deployed EUR 23 million or more across 30-plus startups in its first five years of operation. As of late 2025 the active portfolio stands at 35 companies, with 4 new investments made in 2025 alone. The portfolio spans AI, fintech, insurtech, healthtech, e-commerce, travel, and environmental technologies. Notable portfolio companies include Snuggs, a period-underwear brand; Daytrip, a platform connecting travelers with local-knowledge drivers; Vrgineers, a VR training simulator for aviation; DuoCards, a language-learning app; TrueClaim, an insurtech platform; and Myriad AI, a Czech-founded AI startup that raised a $2 million pre-seed as a recent follow-on. N1 operates with conviction at the earliest stages, accepting the highest uncertainty in exchange for the most meaningful ownership and founder relationships. The firm's approach is built on long-term partnership rather than board oversight alone, with partners engaging actively on product, hiring, and early commercial strategy.

NGP Capital, founded in 2005 and headquartered in Palo Alto, California, is a global venture capital firm with a focus on growth-stage technology companies. They have over $1.6 billion under management and invest in sectors such as edge cloud, cybersecurity, digital industry, and digital transformation. Notable investments include Deliveroo, a leading food delivery platform; Moovit, a mobility services company acquired by Intel; and PubMatic, an adtech company that went public in 2020. Other prominent investments are Lime, a scooter rental platform, and Shadowfax, an on-demand hyperlocal delivery service. NGP Capital operates globally, with a significant presence in the U.S., Europe, and Asia. Their portfolio is managed using an AI-powered platform named "Q," which helps identify and rank potential investments based on over 700 growth parameters. The firm is led by experienced partners like Bo Ilsoe, who emphasizes backing ambitious entrepreneurs with a global vision. NGP Capital’s strategy leverages its partnership with Nokia to support portfolio companies with industry insights and market access.

Nationwide Ventures is the corporate venture capital arm of Nationwide Mutual Insurance Company, founded in 2016 and headquartered in Columbus, Ohio. The firm focuses on early-stage startups shaping the future of insurance and financial services, with a mandate spanning fintech, insurtech, mobility, vehicle connectivity and telematics, cybersecurity, digital infrastructure, retirement solutions, agritech, micro-mobility, HR technology, and transportation. Nationwide has committed $350 million to invest in early-stage companies and, as of public disclosures, has deployed more than $150 million with three realized exits. The fund is led by Managing Partner Erik Ross alongside Partners J. Brian Anderson, Jess Liu, and Michael Kindrat-Pratt. Nationwide Ventures typically targets Series A and B companies with roughly $1 million in revenue, writing checks of $1 million to $10 million and investing primarily in the United States and Israel. The fund has made 51 investments, and its portfolio has produced four winners on CB Insights' 2024 Insurtech 50 list. Recent portfolio highlights include Atomic, which received a Series A investment in August 2025; arqu, a digital wholesale insurance brokerage for excess and surplus markets co-invested alongside Crosslink Capital, Lightspeed, Intact Ventures, and Foxe Capital; and CLARA Analytics, an AI platform for commercial insurance claims. Nationwide Ventures operates as a strategic as well as financial partner, working with both portfolio and non-portfolio startups to expand distribution, improve customer satisfaction, and drive operational efficiency for the parent company. The fund's insurance-industry access gives portfolio companies a credible route to enterprise partnerships from the first day of the relationship.

Natural Bridges Ventures (NBV) is a global venture capital firm based in Silicon Valley, specializing in scaling disruptive technologies through a unique blend of strategic guidance and operational acceleration. NBV focuses on early-stage companies that operate at the intersection of communication, collaboration, and technological innovation. With an emphasis on design thinking, the firm partners with startups aiming to transform markets in areas such as IoT, digital health, mobility, and the digital enterprise​. What sets NBV apart is its global network and ability to connect startups with ecosystems across key regions, including the U.S., Europe, Asia, Israel, and Latin America. The firm employs a disciplined, process-oriented approach to ensure rapid market entry and scaling for its portfolio companies. NBV works closely with corporate partners and startups alike, facilitating the integration of external innovation into larger business ecosystems. Their focus on "innovation by design" helps identify untapped opportunities and empower businesses to create lasting, market-shifting solutions​. NBV's portfolio includes high-growth ventures that leverage cutting-edge technologies to address critical challenges across multiple sectors. By nurturing startups with both strategic investment and hands-on operational support, NBV accelerates their journey from concept to commercialization. With a cross-functional team of experienced entrepreneurs and corporate executives, the firm offers both financial and strategic resources, ensuring that their portfolio companies can navigate complex markets and achieve sustained growth on a global scale.

Navigate Ventures is an early-growth stage venture capital firm founded in 2020 and headquartered in Beverly Hills, California, with offices in Los Angeles and London. The firm is built around a distinctive 'A Extension Round' thesis: it specializes in B2B enterprise SaaS companies outside Silicon Valley that have cleared early venture risk — proven product-market fit, a repeatable go-to-market motion, capital efficiency, and typically $2 million or more in ARR — but have not yet attracted the scale of growth capital their trajectory warrants. Navigate is led by Founder and Managing Partner Ivan Nikkhoo, whose partnership brings more than 130 combined years of investing, advising, and operating experience in enterprise software and has returned over $1 billion in shareholder value to LPs. The fund reports more than $600 million in assets under management and has made 45 investments, with 31 committed in the trailing three years. It writes initial checks of $3 million to $10 million, scaling to $10 million to $50 million in follow-on as portfolio companies grow. The portfolio clusters into enterprise applications, vertical SaaS, AI industry applications, and fintech. Notable companies include HealNow, an enterprise pharmacy customer-management and payments platform; Quincus, an AI orchestration platform for digital supply chain operations; and Zuub, a dental revenue cycle management solution. Navigate is also pioneering the application of AI across all four stages of the venture lifecycle: sourcing, diligence, portfolio management, and exit strategy. Navigate's core thesis is that the best enterprise SaaS opportunities are consistently overlooked because they are built outside the Bay Area. The firm's geographic and stage focus, paired with its deep operational network, allows it to identify and support market leaders that would otherwise be undercapitalized.

Navitas Capital is an early-stage venture capital firm that focuses on transformative technology and innovation within the real estate and construction sectors. Founded with the mission of driving change in the built world, Navitas has successfully closed its third fund at $160 million, significantly exceeding its initial target. Navitas Capital backs founders who leverage AI, digitization, sustainability, and fintech to revolutionize their industries. The firm’s portfolio includes notable companies such as Matterport, Procore, and OpenSpace, all of which are leaders in applying technology to real estate and construction. Their investment strategy spans from seed to late-stage growth, emphasizing partnerships that align with their vision of transforming the built environment. Navitas provides more than just capital; they offer strategic support and access to a broad network, helping their portfolio companies scale and succeed. The firm's team, including co-founders Jim Pettit and Travis Putnam, brings deep industry expertise and a commitment to supporting innovative startups.

Naya Ventures was founded in 2011 as a North Texas-based venture capital fund structured as 'entrepreneurs investing in entrepreneurs,' with an original mandate to bridge the US and India technology ecosystems. In 2020 the firm relaunched as Dallas Venture Capital (DVC), with Founder and Managing Director Dayakar Puskoor joined by Abidali Neemuchwala — former CEO and Managing Director of Wipro — as Venture Partner and co-founder. Headquartered in Irving, Texas, DVC operates a cross-border strategy with $130 million across two funds: the DVC USA Fund ($80 million) and DVC India Fund I ($50 million), both deployed over a four-to-five-year window. DVC concentrates on B2B SaaS companies in CloudOps, AI and MLOps, DevOps, DevSecOps, cybersecurity, data, IoT, and extended-reality infrastructure, writing $2 million to $10 million checks at seed, Series A, and early-growth stages. The firm leads rounds and delivers value-add through the 'DVC Advantage' model, guiding portfolio companies on business development, product strategy, and technology architecture. DVC has made 62 investments with a combined portfolio enterprise value exceeding $1 billion. Notable portfolio companies include Kore.ai, a conversational AI platform; CoreStack, a cloud governance platform whose $8.5 million Series A was led by DVC in March 2020 and which went on to raise a $30 million Series B in November 2021; Hyperverge; Felix Healthcare; and Altia Systems, which was acquired for $125 million. DVC's dual-fund structure gives it a structural edge in cross-border deals — deploying US capital into India-origin companies scaling globally, and India capital into US-founded companies expanding into one of the world's fastest-growing enterprise markets.

NCore Ventures is a Seoul, South Korea-based venture capital firm founded in 2017 that focuses on mid- to late-stage technology investments across the United States and Asia. Led by CEO Ryan Park and CFO Jean Yang, the firm operates with a lean team of four and invests primarily at Series A and Series B across Indonesia, Japan, Singapore, South Korea, the United States, and Vietnam. Sector coverage spans consumer, enterprise applications, healthtech, and other high-growth technology categories. NCore has made 43 investments and built a portfolio with an outsized return profile: 7 unicorns, 4 IPOs, and 1 acquisition to date. Notable portfolio companies include Blinkit, the Indian quick-commerce platform acquired by Zomato in June 2022 for $568 million; GrubMarket, a US online grocery and food supply-chain platform; Carro, a Southeast Asian automotive marketplace; Lunit, an AI medical imaging company listed on the Korea Exchange at a market capitalization of $241 million; and Xcell Therapeutics, which listed on KRX in July 2024 at a $78.2 million market cap. More recent additions include Btree, an electronic instruments company in which NCore invested in November 2024, and Galux, a Series B investment made in February 2026. NCore's investment thesis is centered on identifying companies at the inflection point between early-stage validation and meaningful scale, where the firm's regional network across Asia and the United States provides a distinct advantage in both deal sourcing and portfolio support. Its track record of backing multiple unicorns across diverse geographies underscores the breadth of its analytical lens.

NCT Ventures is a Columbus, Ohio-based venture capital firm with roots going back to 1986, when Founder and Managing Partner Rich Langdale sold his car to invest $5,000 in Digital Storage — a wholesaler of computer supplies — before going on to raise $375 million in venture capital across less than two years. Today, NCT backs seed and early-stage technology companies disrupting major industries in underserved Midwest markets. The firm manages 5 funds and leads rounds, deploying $250,000 to $1 million in early stages and up to $5 million as portfolio companies scale. Langdale is joined by Partner Bill Frank. NCT has made approximately 43 investments across SaaS, healthcare technology, data analytics, and enterprise software. Notable portfolio companies include Healthy Roster, a sports training and EMR platform for physical therapists that has raised $6.97 million alongside Queen City Angels and Rev1 Ventures; iUNU, an AI-powered platform for greenhouse operations whose $7.5 million Series A NCT led alongside BootstrapLabs, with the company going on to raise its Series B in April 2025 and reach $69.7 million in total funding; SafeChain; PopCom; Buzz Solutions; DOmedia, NCT's most recent investment in December 2025; and Heureka Software. A recent exit is Kapow, acquired by Bizly in February 2025. NCT has developed the Ideas-to-Business Model in partnership with The Center for Entrepreneurship at The Ohio State University, providing an infrastructure for taking early-stage ideas to market through defined development phases. This institutional partnership gives NCT a distinctive pipeline in a region where early-stage capital has historically been scarce, and allows the firm to engage founders before most funds would consider writing a check.

Necessary Ventures is a San Francisco-based venture capital firm focused on investing in early-stage companies that address significant societal needs. The firm is led by Neil Devani, who brings extensive experience in both venture capital and entrepreneurship. Necessary Ventures primarily invests in companies across a range of sectors including health tech, financial services, biotechnology, and sustainability. Notable investments in their portfolio include Recursion Pharmaceuticals, a company revolutionizing drug discovery through advanced computational methods; Rubi Laboratories, which converts CO2 into sustainable textiles; and Andela, a tech talent training and employment platform. Additionally, they have backed Vicarious Surgical, which develops minimally invasive robotic surgery technology, and Wayve, an AI-driven autonomous vehicle company. The firm is known for its hands-on approach, providing not just capital but also strategic guidance and support to help their portfolio companies scale and succeed. They emphasize a collaborative and empathetic partnership with founders, aiming to create long-term value and impact. Necessary Ventures has a strong presence in both the U.S. and international markets, with investments in various high-growth regions. They have co-invested with leading venture funds such as Y Combinator, Collaborative Fund, and Talis Capital, highlighting their integration into a robust network of investors.

Neer Venture Partners is a $20 million pre-seed and seed stage venture capital fund founded in 2023 and based in Palm Beach Gardens, Florida. The firm is the solo vehicle of Founder and Chief Investment Officer Brian Neer, who spent approximately 30 years on Wall Street — including 23 years at Morgan Stanley as Global Head of Derivatives and Structured Products — before pivoting to early-stage investing following a track record of roughly 70 angel investments. The fund targets a concentrated portfolio of 150 to 200 positions over its life, writing checks from $25,000 to $500,000 with a typical range of $100,000 to $500,000. The firm's core specialty is fintech, which it complements with B2B SaaS, proptech, insurtech, wealthtech, esports, gaming, direct-to-consumer applications, and sportstech. While geographically generalist, the fund may give preference to Florida-based businesses given Neer's local network. Portfolio companies have raised average seed rounds of $3.12 million and average Series A rounds of $9.9 million. Notable investments include Jeeves, a corporate cards and finance platform that reached unicorn status; Kredete, which raised a seed round in August 2024; Marco; Ruvo; Beycome; and Veritus Agent. The fund was active across 2025 with new investments continuing into 2026. Neer's deep derivatives and structured-products background informs a rigorous analytical approach to assessing fintech and financial-services startups, with particular attention to unit economics, regulatory architecture, and the capital structures that will govern a company's growth trajectory. The fund's broad mandate within fintech and adjacent sectors allows it to deploy across the full range of financial-technology innovation.

Neo is a venture capital firm based in San Francisco, founded by Ali Partovi, with a strong emphasis on supporting the next generation of tech leaders. Launched in 2012, Neo invests primarily in early-stage startups, often serving as the first institutional investor for many high-growth companies. Neo focuses on industries like AI, consumer internet, and education, investing in startups that have the potential to drive significant innovation. Neo’s investment strategy is centered on a hands-on approach, offering both financial backing and access to a powerful network of industry leaders. With check sizes ranging from $100K to $5 million, Neo supports startups from seed through Series A stages. They also place a high value on mentorship, connecting founders with an elite community of experienced entrepreneurs, engineers, and executives who offer guidance throughout the startup journey. The firm's portfolio includes some of the most promising startups in the tech space, such as Gusto, Pachama, and Notion. Neo prides itself on fostering diversity and inclusion, believing that the best tech companies are built by teams from a variety of backgrounds. Led by Ali Partovi and supported by a team of seasoned investors and operators, Neo is committed to making a long-term impact in the startup ecosystem by focusing on companies that combine technological innovation with meaningful social impact.

NeoCarta Ventures is a venture capital firm founded in 1999 and headquartered in San Mateo, California, with additional offices in Menlo Park and Boston. The firm was co-founded by Thomas Naughton and Tony Pantuso, whose managing directors have collectively financed more than 80 private technology companies across their careers, with nearly half of those companies going public or being acquired. NeoCarta focuses on early-stage and later-stage companies developing technology infrastructure with significant market potential, bringing capital, operational experience, and strategic relationships to each partnership. The firm writes Series A, B, and C checks across enterprise applications, enterprise infrastructure, hardware, and consumer technology — with average round participation of $12.4 million at Series A, $14.9 million at Series B, and $25 million at Series C. NeoCarta built a portfolio of roughly 21 companies, producing 14 acquisitions and several IPOs. Notable portfolio companies include Meru Networks, a wireless communications platform; Narus, a network management and security software company; Cavium Networks, a semiconductor company acquired by Marvell; DataSynapse, a grid computing platform acquired by TIBCO; Everyday Health, a health media company that completed an IPO; Digital Guardian, an enterprise security platform; ZoomSystems, an automated retail technology provider; and P2 Energy Solutions. NeoCarta invests primarily in the United States, with one Canadian portfolio company, and has co-invested frequently with Sierra Ventures, Clearstone Venture Partners, and BlueStream Ventures. The firm's most recent disclosed investment was in Digital Guardian in May 2020, and it is now considered largely dormant. Its legacy represents a generation of enterprise and infrastructure investing from the dot-com era through the rise of cloud computing.

Neotribe Ventures, founded in 2017 and based in Menlo Park, California, is a venture capital firm that focuses on investing in breakthrough technologies across various sectors including applied artificial intelligence, biotech, enterprise infrastructure, and the internet of things. The firm targets early to growth-stage companies that are shaping the future through innovative solutions. Neotribe Ventures has made 98 investments with notable companies in its portfolio such as Energy Vault, Heliogen, and CipherTrace. The firm has achieved 17 exits, including significant companies like Robinhood, which went public in July 2021. Other successful exits include Pluribus Networks and ClearMotion. The firm is led by co-founders Swaroop Kolluri and Steven Bragonier, along with partners like Nitin Chopra and Neeraj Hablani. Neotribe Ventures manages nearly $450 million in assets across three funds, including the recent Ignite Fund, which focuses on growth-stage investments. Neotribe Ventures' strategy involves providing not just capital but also extensive support and resources to help their portfolio companies succeed. The firm's emphasis on deep technology and innovative solutions makes it a significant player in the venture capital landscape​.

Network Society Ventures (NetSoc.VC) is a New York-based venture capital firm founded in 2015 by David Orban and Philippe van den Bossche. The firm focuses on seed-stage investments, with a mission to back companies leveraging exponential technologies to drive transformative change. NetSoc.VC invests in sectors such as biotechnology, clean technology, fintech, healthcare, industrial energy, and robotics, among others. They are particularly interested in ventures utilizing decentralized networks and technologies that disrupt traditional corporate structures. NetSoc.VC's portfolio includes innovative companies like FREDsense, a leader in environmental monitoring, and Capitainer, a diagnostic equipment startup. Their investments are designed to tap into rapidly growing industries, aiming for high-risk, high-reward scenarios. The firm’s investment strategy revolves around sourcing global deal flow through its extensive network and using advanced methods to vet and manage startups, with an emphasis on exponential growth potential. The team is based primarily in New York but maintains a global outlook, targeting ventures that can achieve both financial success and societal impact​.

Network Ventures is a Chicago-based, Midwest-focused seed-stage venture capital firm founded in 2016 by Founder and Managing Director Jeff Maters, who was previously the third employee at Pritzker Group Venture Capital — J.B. and Tony Pritzker's multi-stage fund — where he observed the emergence of the New York and Los Angeles startup ecosystems firsthand. That experience led Maters to conclude that Chicago and the Midwest had the raw entrepreneurial ingredients but lacked consistent early-stage capital. Network Ventures leads rounds and writes early checks — typically $100,000 to $1 million — into companies building network effects: marketplaces, networks, and platforms. The fund is deliberately concentrated, backing only a handful of companies each year to enable genuinely hands-on engagement with founders. As of early 2025 the portfolio spans 18 companies, with 2 new additions in the trailing twelve months. Notable portfolio companies include Pickleheads, a pickleball community platform that raised $2.5 million in a seed round in February 2025 with Network Ventures participating; UnVale, a social platform software company that received the firm's most recent first-time check in March 2025; Honeycomb Credit, a small-business community lending platform; Hunt Club, an expert-network recruiting marketplace; EarlyBird, a family financial-gifting fintech; ShipBob, an e-commerce fulfillment company; Lemonlight, a video marketing marketplace; and Parentaly, a parental-leave coaching platform. Network Ventures leverages its founder and investor community as a flywheel for introductions, advice, and reference networks. The firm's Midwest orientation is a feature rather than a constraint — it gives Network Ventures access to a consistent deal flow of capital-efficient, operationally grounded companies that attract less competition from coastal funds.

NeuroVentures Capital is a venture capital firm founded in 2000 and based in Charlottesville, Virginia, that claims to be the largest fund in the United States focused exclusively on the neuroscience space. The firm invests in companies developing drugs, medical devices, therapeutics, and technologies to treat central nervous system disorders including stroke, chronic pain, epilepsy, Parkinson's disease, and depression. NeuroVentures manages approximately $15 million and writes tickets ranging from $200,000 to $2 million, backing both development-stage and later-stage companies at seed, Series A, and Series B. The firm is led by Managing Director Mark Cochran, a PhD molecular biologist from Queen's University with postdoctoral training at the NIH, who previously served as VP of Business Development at Bayer Pharmaceuticals, founded MicroGeneSys Inc., and ran the San Francisco office of Toronto-based MDS Capital Corp. He is joined by Director Daniel O'Connell, who has operated multiple medical and healthcare startups. The firm's scientific advisory board includes Floyd Bloom of Scripps Research, Zach Hall (former director of NIH's National Institute of Neurological Disorders and Stroke), William Mobley of Stanford Neurology, and Donald Price of Johns Hopkins. NeuroVentures has made approximately 27 investments with four exits: one IPO — Acumen Pharmaceuticals, listed in July 2021 — and three acquisitions including Concentric Medical and Saegis Pharma. Other notable portfolio names include BrainCells Inc., which raised a $17.7 million Series A in 2005, EnVivo Pharmaceuticals, and Kadmus Pharmaceuticals. NeuroVentures Capital's singular focus on CNS diseases gives it scientific credibility and a curated network of neurologists, pharmacologists, and device engineers that few generalist life-science funds can replicate.

New Age Capital, founded in 2016 by Ivan Alo and LaDante McMillon, is a New York-based venture capital firm focusing on seed-stage investments in tech and tech-enabled startups led by Black and Latino entrepreneurs. The firm aims to bridge the funding gap for underrepresented founders by providing not only capital but also strategic guidance and access to a robust network of investors and partners. The firm typically invests between $850,000 and $1 million per company, targeting an ownership stake of 10-15%. New Age Capital prefers to lead funding rounds and maintains a hands-on approach, fostering long-term relationships with founders well in advance of their capital needs. This strategy allows the firm to provide tangible value and support through various growth stages. New Age Capital's portfolio includes a diverse array of companies such as Myavana, a personalized hair care recommendation platform; PredictionStrike, a sports stock market; and Navigate Maternity, which uses data to support prenatal and postpartum care. The firm's emphasis on authenticity, empathy, and transparency has positioned it as a trusted partner for founders from historically underfunded communities. By focusing on capital-efficient, high-potential startups in large and fragmented markets, New Age Capital aims to generate outsized returns while driving significant impact in the entrepreneurial ecosystem.

NAV.VC, formerly known as New Atlantic Ventures, is a venture capital firm based in Reston, Virginia. Founded in 1999, the firm has a strong focus on investing in seed and early-stage companies, particularly those operating in the technology sector. NAV.VC’s investment strategy centers around emerging and disruptive consumer trends, with key sectors including cybersecurity, digital health, fintech, e-commerce, education technology, and advertising technology. The firm is known for its hands-on approach, working closely with portfolio companies to help them navigate the challenges of early growth and scale their operations effectively. NAV.VC leverages its extensive network and deep industry expertise to provide strategic guidance, mentoring, and support to its portfolio companies, aiming to drive their success in highly competitive markets. NAV.VC’s portfolio features a diverse range of companies that are at the forefront of innovation in their respective fields. The firm has a track record of identifying promising startups with the potential to disrupt traditional industries and create significant value for both customers and investors. By investing in companies that align with emerging market trends, NAV.VC positions itself as a forward-thinking venture capital firm that is deeply committed to fostering innovation and supporting the next generation of tech entrepreneurs.

New Enterprise Associates (NEA) is a global venture capital firm with a storied history of supporting innovative businesses. Founded in 1977, NEA manages over $25 billion in assets and invests across all stages of a company's lifecycle, from seed stage to IPO. The firm has a diverse portfolio that spans technology and healthcare sectors. NEA's notable investments include companies like 23andMe, Coursera, Robinhood, and Uber, highlighting their focus on transformational businesses. They have facilitated over 270 IPOs and more than 450 mergers and acquisitions, underscoring their impact on the market. The firm operates from key locations in Menlo Park, California, and New York City, but their investment reach is global, covering North America, Europe, Asia, and beyond. NEA's strategy involves not just funding but also actively mentoring and supporting their portfolio companies through various stages of growth. Recently, NEA closed on two new funds totaling $6.2 billion, the largest in the firm's history, aimed at early-stage and growth-stage investments in sectors like enterprise tech, fintech, digital health, and life sciences. This reflects NEA’s commitment to driving innovation and supporting founders with the capital and expertise needed to build successful companies.

New Ground Ventures (NGV) is an early-stage, generalist venture capital firm founded in 2011 and headquartered in Palo Alto, California. The firm is one of the most active early-stage investors of the past decade, having funded roughly 145 companies since inception with more than 139 disclosed investments and 20 portfolio exits on record. NGV's portfolio clusters into three broad categories: software, consumer, and deep tech, spanning education, financial services, food and consumer brands, health, and enterprise software. The firm has raised at least two funds and operates with a small, highly experienced team anchored by Zac, who previously led the Principal Finance business at Silver Point Capital and was a partner there before co-founding NGV, and Anthony, formerly a managing director at Reservoir Capital focused on financial services, healthcare, and cleantech investments, and earlier an investor at Bain Capital Credit. NGV typically invests at pre-seed, seed, and Series A with checks of $100,000 to $3 million, running an efficient but rigorous diligence process focused on team quality, product and technology differentiation, unit economics, and cash flow relative to capital needs. The firm's flagship recent exit is Spindrift, the sparkling-water brand acquired by Gryphon Investors for a reported $650 million or more in January 2025. NGV's generalist posture is intentional — the firm believes that the characteristics that make a company an exceptional early-stage investment transcend sector, and that a flexible mandate allows it to follow conviction wherever the data leads. Operations are managed by Suzy, who oversees fund administration, investor reporting, and portfolio monitoring.

NLV Partners, founded in 2005, is a leading venture capital firm focused on revolutionizing healthcare. With notable investments in companies like CRISPR Therapeutics, Akili Interactive Labs, and iRhythm Technologies, NLV Partners targets biopharmaceuticals, diagnostics, medical devices, and healthcare IT. Their portfolio boasts 30 billion-dollar companies and numerous successful exits, reflecting their impact in the industry. Geographically, NLV Partners concentrates on the United States, partnering with businesses from startup stages to public offerings. Their investment strategy involves backing visionary teams and disruptive healthcare technologies. They aim to develop commercially attractive and clinically important healthcare solutions, leveraging decades of experience and deep domain expertise to navigate the complex healthcare landscape. NLV Partners typically leads investment rounds, providing not only capital but also strategic guidance. They prefer to be approached through well-prepared pitches that clearly demonstrate the potential for clinical and commercial success. The fund's average check size varies, tailored to the needs of each investment. The team includes co-founders Ron Hunt and Vijay Lathi, based in New York and Menlo Park respectively. Both bring extensive experience in healthcare investments and have been instrumental in shaping the firm's strategic direction. For startups seeking a partner with profound industry knowledge and a track record of success, NLV Partners stands out as a pivotal ally in the healthcare sector.

New Markets Venture Partners (NMVC) is a leading edtech and workforce-technology venture capital firm founded in 2002 and based in Fulton, Maryland, in the Washington D.C. metro area. The firm was co-founded by Mark Grovic, Donald Spero, and Robb Doub, with Jason Palmer now serving as General Partner alongside Grovic. NMVC is a growth-stage, double-bottom-line investor focused on scaling transformative technology companies that improve education and workforce outcomes while generating strong financial returns. The current fund is approximately $68 million, and the firm leads rounds — most recently leading FamilyWell Health's $8 million Series A alongside .406 Ventures in 2025. NMVC typically writes checks of $100,000 to $5 million at Series A and Series B, targeting companies that have demonstrated product-market fit. Over more than 20 years and roughly 67 core investments, the team has generated $3.3 billion in enterprise value, impacted more than 75 million lives including 38 million at-risk learners and 28 million adult learners, and completed 21 realized exits including 1 IPO and 30 acquisitions — notable exits include PowerSchool, Galvanize, and Kroll Bond Rating Agency. Three portfolio companies — Mursion, Noodle, and Orijin — made Time magazine's Top EdTech Companies list. Recent new investments include KidzToPros (Series B, February 2025), FamilyWell Health, and Knack. NMVC's Advisory Board, led by Amy Kardel, brings together more than 30 education and workforce operators and thought leaders. The firm's two-decade track record in a sector that demands both mission alignment and financial discipline makes it one of the most credentialed edtech investors in the United States.

New North Ventures is a venture capital firm focused on early-stage investments in technologies critical to national security and economic resilience. Founded in 2019, the firm specializes in sectors like AI/ML decision-making, cybersecurity, and technologies designed to combat misinformation. New North Ventures is dedicated to supporting companies at the intersection of defense, intelligence, and critical infrastructure, with the goal of advancing innovations that align with the national interests of the U.S. and its allies. Their investment strategy typically targets companies from Pre-Seed to Series A stages, with investment sizes ranging from $1M to $3M. New North Ventures often seeks a 10% equity stake in the companies they back. The firm is also notable for its strong ties to government entities, such as the Office of Strategic Capital and the Small Business Administration, which enhance their ability to support and scale dual-use technologies. The firm operates out of Manchester, New Hampshire, and has been involved in several high-impact investments, including companies like Reality Defender and Efabless. Their latest fund, New North Ventures Fund II, is structured to leverage both private and government capital, aiming to deliver substantial returns while supporting innovations crucial to national security.

VisVires New Protein, recently rebranded as Clay Capital, is a Singapore-based venture capital firm dedicated to transformative investments in the agrifood tech sector. Founded in 2014, Clay Capital focuses on supporting innovative startups that address fundamental challenges in the food system, particularly in the areas of sustainable packaging, fermentation, agricultural biologicals, crop disease resistance, soil health, and regenerative agriculture. Notable investments include French biostimulant producer Toopi, Israeli bioherbicide startup WeedOUT, and French kitchen robot manufacturer Cook-e. These investments reflect Clay Capital's commitment to leveraging technology to improve sustainability and efficiency in the food and agriculture sectors. Clay Capital's strategy involves investing in early-stage to growth-stage startups, typically with initial checks ranging from $3 million to $8 million, and reserving additional capital for follow-on investments. The firm serves as a bridge between the Asian and European markets, providing startups with support to access and expand in these regions. The rebranding from VisVires New Protein to Clay Capital signifies a renewed focus on building a healthy and sustainable food system, symbolizing fertile ground for growth and innovation. With a newly raised $145 million fund, Clay Capital is well-positioned to continue driving impactful changes in the agrifood tech landscape

New Richmond Ventures (NRV) is a venture capital firm founded in 2011 and headquartered in Richmond, Virginia, created by a group of prominent Richmond-area business, investment, and philanthropic leaders. Co-founders include Jim Ukrop, former CEO and Chairman of Ukrop's Supermarkets and Chairman of First Market Bank; Bob Mooney; and Ted Chandler, formerly Chairman and CEO of a Fortune 500 financial services company. Laura Markley serves as Chief Financial Officer and Managing Director. The firm has raised approximately $36.5 million across three funds, including a $30 million Early Stage Growth Fund raised in 2016. NRV invests primarily at Series A and follows on through later rounds across healthcare, food and beverage, and e-commerce — sectors where the team's deep local and national operating network delivers tangible value. The firm has made approximately 21 portfolio investments across its funds with 4 exits and additional acquisitions among legacy portfolio names including Summit Materials, Health Warrior, and Envera Health. Active portfolio companies include Murphy's Naturals, a natural insect repellent brand that raised an $8.5 million Series A in April 2022 alongside 550 Capital Partners; SVT Robotics, a warehouse robotics orchestration platform that raised a $3.5 million seed in May 2020 with Cowboy Ventures; and Farmer Focus (also known as Shenandoah Valley Organic), an ethically raised poultry brand that raised a $15 million round in December 2019. NRV's founding thesis targets social-impact entrepreneurs tackling societal megatrends, and the firm provides portfolio companies with structured mentoring, cross-industry exit partner introductions, and a toolkit built from decades of Richmond-area business leadership. The firm's Virginia bias is a feature — it gives NRV consistent access to mission-aligned founders outside the coastal startup mainstream.